{"id":5458,"date":"2010-05-26T17:12:52","date_gmt":"2010-05-26T21:12:52","guid":{"rendered":"http:\/\/cfif.org\/v\/freedom_line_blog\/?p=5458"},"modified":"2010-05-26T17:12:52","modified_gmt":"2010-05-26T21:12:52","slug":"obama-propels-debt-past-13-trillion-milestone","status":"publish","type":"post","link":"https:\/\/cfif.org\/v\/freedom_line_blog\/5458\/obama-propels-debt-past-13-trillion-milestone\/","title":{"rendered":"Obama Propels Debt Past $13 Trillion Milestone"},"content":{"rendered":"<p>This was Barack Obama&#8217;s official campaign website <a href=\"http:\/\/www.barackobama.com\/2008\/09\/09\/statement_from_senator_obama_o_6.php\" target=\"_blank\">on September 9, 2008<\/a>:<\/p>\n<blockquote><p>Today, we learned that Washington has run up a record budget deficit of $407 billion this year&#8230;\u00a0 Obama will bring real change by cutting taxes for middle-class families and small businesses, paying for all his proposals to reduce the deficit, and will put America on a path towards fiscal responsibility and a stronger economy.&#8221;<\/p><\/blockquote>\n<p>Pretty bold stuff.\u00a0 Reasonable minds knew then that an Obama victory would only exacerbate the nation&#8217;s deficit, even if the fawning mainstream media was refusing to press him on tough questions.\u00a0 But even skeptics didn&#8217;t foresee just how bad and how rapidly he would do so.\u00a0 Today, we received sobering news that the national debt <a href=\"http:\/\/www.usdebtclock.org\/index.html\" target=\"_blank\">surpassed the $13 trillion mark<\/a> overnight.\u00a0 That&#8217;s now $42,000 per American citizen, and $118,000 per American taxpayer.<\/p>\n<p>And that $407 billion deficit that Obama cavalierly promised to reduce in September 2008?\u00a0 He&#8217;s now raised it from $400 billion to $1.4 <em>trillion<\/em>.<\/p>\n<p>That&#8217;s the type of change for which only America&#8217;s enemies could have hoped.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>This was Barack Obama&#8217;s official campaign website on September 9, 2008: Today, we learned that Washington has run up a record budget deficit of $407 billion this year&#8230;\u00a0 Obama will bring real change by cutting taxes for middle-class families and small businesses, paying for all his proposals to reduce the deficit, and will put America [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[81,59,24,61],"class_list":["post-5458","post","type-post","status-publish","format-standard","hentry","category-posts","tag-debt","tag-deficit","tag-obama","tag-spending"],"_links":{"self":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/5458","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/comments?post=5458"}],"version-history":[{"count":1,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/5458\/revisions"}],"predecessor-version":[{"id":5459,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/posts\/5458\/revisions\/5459"}],"wp:attachment":[{"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/media?parent=5458"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/categories?post=5458"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cfif.org\/v\/freedom_line_blog\/wp-json\/wp\/v2\/tags?post=5458"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}