Republican Boehner’s House Has Increased Debt $18,944 Per Household
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By Terence P. Jeffrey
December 18, 2012
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Speaker John Boehner and President Barack Obama (AP Photo)
( CNSNews.com )- Under the leadership of House Speaker John Boehner (R.-Ohio), the 112th House of Representatives has thus far approved legislation that has increased the debt of the federal government by $2,176,949,774,695.46—or approximately $18,944 for per American household.
The 112th House of Representatives has achieved this in a little more than 20 months time—and it may not be done yet enacting laws to approve new federal borrowing and spending.
The 112th House came into power on Jan. 5, 2011, electing Rep. John Boehner as its speaker on that day.
The Boehner-led House did not have a direct impact on the fiscal policy of the federal government until March 4, 2011, when a continuing resolution enacted on Dec. 21, 2010 in the lame-duck session of the previous Congress expired.
On March 1, 2011, Boehner and President Barack Obama cut their first short-term federal spending deal. That deal took effect on March 4, 2011. Since then all new borrowing and spending by the federal government has been approved in laws enacted by Boehner’s House consistent with its constitutional power to control the borrowing and spending by the federal government.
At the close of business on March 4, 2011, when the first Boehner-Obama deal took effect, the federal government’s debt was $14,182,627,184,881.03, according to the U.S. Treasury. As of the close of business on Friday, Dec. 14, 2012, the federal government's debt was $16,359,576,959,576.49.
That is an increase of $2,176,949,774,695.46.
The latest Census Bureau estimate is that as of September there were about 114,916,000 households in the United States. That means the Republican-majority House of Representatives, elected in November 2010 and led by Speaker John Boehner, has increased the federal government’s debt by approximately $18,944 per household.
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So where does your dear President Obama fit into this picture, Its very clear that you are a demo trashing out a rep, I mean it you really want your voice to be heard, why dont you Spend some of your pocket money and post it in the newspaper instead of slapping it on free topix. Oh wait I forgot you cant post all the bad stuff Obama has in store for the country on topix since there is a limit on the about of words you can type in a posting haha, People like you just seems to keep amazing me. Face the fact, You cant blame Bush anymore so now your going to try and start on Boehner, when in Fact your current president has tripled the debt and God only knows why he would like to have a blank check without a ceiling limit.Neither party are for the people, both parties will tell you anything you want to hear and make you believe it just to get your vote. Sit back and just see what is going to be happening to ALL of us within the first quarter of 2013.
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