Obama doubled the deficit?
Posted: Wed Oct 17, 2012 9:23 am
The deficit in 2008 was 1.4 trillion. The national debt increased 1.4 trillion so the deficit was 1.4 trillion. The deficit in 2011 was 1.2 trillion.
Why does Romney keep repeating the lie that Obama doubled the deficit? The deficit was actually reduced by 200 billion.
National Debt
12/31/2007 9,229,172,659,218.31
12/31/2008 10,699,804,864,612.13
12/31/2010 14,025,215,218,708.52
12/30/2011 15,222,940,045,451.09
Why does Romney keep repeating the lie that Obama doubled the deficit? The deficit was actually reduced by 200 billion.
National Debt
12/31/2007 9,229,172,659,218.31
12/31/2008 10,699,804,864,612.13
12/31/2010 14,025,215,218,708.52
12/30/2011 15,222,940,045,451.09