Picture: Obama’s tripling of the national debt

Victor Joecks

From the Heritage Foundation:

The national debt will nearly triple under the Obama administration's budget
Money quote:

The public national debt – $5.8 trillion as of 2008 – is projected to double by 2012 and nearly triple by 2019. Thus, America would accumulate more government debt under President Obama than under every President in American history from George Washington to George W. Bush combined.

And this isn’t an attempt to justify the level of debt and spending that we had under George W. Bush. Like Moveon.org, I was very concerned about the debt we accumulated under Bush. And now that we are accumulating debt even more rapidly, I am even more concerned.