RightChange: How We Topped $15 Trillion In Debt

Right as the Supercommittee hits a roadblock on the way to cutting $1.2 trillion from the budget over 10 years, our national debt tops out at $15 trillion.  We could spend our time focusing on the inefficiency of these 12 lawmakers, or how Democrats refuse to accept Republican’s concession on revenues, and how President Obama has a Dr. Evil grin on his face just thinking about the failure of it all.  Instead, we ought to turn our attention away from the second-rate committee and focus on how we topped $15 trillion in our national debt.

Courtesy of Senate Minority Leader Mitch McConnell’s (R-KY) Communications director:

Let’s start with when the Democrats were elected the majority party in Washington in January 2007.  Our national debt was $8.67 trillion.

Upon President Obama’s Inaugural on January 20^th, 2009, our national debt was $10.62 trillion.

President Obama signed the $787 billion stimulus bill on February 17, 2009.  Our national debt was $10.789 trillion.

On February 13, 2010, President Obama signed “Pay as you Go” legislation and signed it into law. 

Coincidentally, our national debt topped $12.351 trillion right as Obama was preaching about how to conduct a responsible budget.

President Obama then proposed his budget and said, “I believe we can live within our means,” on April 16, 2011.  Our national debt was $14.305 trillion.  Not one Democratic Senator voted for it, it failed in the Senate 0-97.

November 16, 2011 was the day that President Obama spent the day in Australia and Indonesia as the team of 12 forecasted a failure in being able to cut $1.2 trillion from the budget.  Our national debt topped $15 trillion.

It’s been over 930 days since Senate Democrats passed a budget.  It’s been 313 days since the GOP took the House and they have passed a budget along with over 22 jobs bills and a balanced budget amendment.

President Obama is rooting for Congress to fail on passing a budget, cutting the deficit, and making the government job friendly again.  He knows it will help his re-election chances to run against a failed Congress as he knows uneducated voters will think he is their only hope.  What’s worse is Senator Harry Reid (D-NV) is helping him out by not letting the Senate vote on those 22 jobs bills the House has passed. 

Our leaders that have had the majority are unwilling to publicly commit to anything that has a chance of solving our debt crisis.   We deserve better, but we do not deserve better if we keep electing these big spenders into office.

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