Tuesday, February 7, 2012

Who's responsible for the federal debt: a surprising fact check

Factcheck.org has put together the most comprehensive and factual report I have seen on which president has piled on the national debt the most, or at the highest rate.

There are several e-mails circulating, most of them false, that say Obama has the highest debt, and others that claim Republican presidents piled on the debt.

Both are partially true and partially false.

What is false is the e-mail circulating that Obama has increased the national debt more than all presidents combined.

Also false, that Obama increased the national debt more than George W. Bush. That's not true just yet, but it soon will be.

Anyway, here's the link all should read to see who was responsible for how much debt going back to the Reagan presidency.

Factcheck.org's report.

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