Brendan Buck (202) 226-4774 |
Debt Has Grown by $5 Trillion in Four Years, Despite Obama’s Being “Committed to Continuing to Cut Our Deficit”
Fiction
“Building on the $2.5 trillion in deficit reduction he has already signed, President Obama is committed to continuing to cut our deficit….” (“White House Deficit Reduction Fact Sheet,” January 14, 2013) Fact Debt Held by the Public January 2009 $6.3 trillion January 2013 $11.6 trillion Change +$5.3 trillion (84% increase) (U.S. Department of the Treasury, accessed January 15, 2013) ### |