President Barack Obama has now increased the national debt by approximately $5 trillion since the day he was inaugurated, according to the official debt figuresthe U.S. Treasury released at 4:00 p.m. on Wednesday.
While Obama has been president, the federal government’s debt has increased by $15,824.21 for each of the 313,223,079 million people that the Census Bureau now estimates live in the United States—and by $41,762.92 for each of the nation’s 118,682,000 households.
On Jan. 20, 2009, the day Obama was inaugurated, the federal government’s debt was $10,626,877,048,913.08. As of the close of business on Tuesday, March 20, 2012, it was $15,583,383,846,149.34.
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