U.S. 111’th Congress Added More Debt Than First 100 Congresses Combined
Posted By thestatedtruth.com on December 28, 2010
Wow…The 111’th Congress sure packed a wicked punch. But we all know the old saying “records are made to be broken”…..Just wonder how long it will take to brake this one!
(CNSNews.com) – The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.
In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt.
During the 110th Congress—which, according to the Clerk of the House officially convened on Jan. 4, 2007 and adjourned on Jan. 4, 2009–the national debt increased $1.957 trillion. The $3.22 trillion in new federal debt run up during the 111th Congress exceeds by 64 percent the debt run up during the 110th.
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