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Originally Posted by Nebe
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Sorry Charlie - here is the US Treasury DOT GOV site, not Snopes.
By Dollahs. Remember than an incoming president has an extended period of time of their first year working with the budget from the previous administration. So in Obama's first 6 years he has accumulated more debt than Bush did in 8 AND Bush has 750 million in TARP against his timeslot that does not even go against Obama.
https://www.treasurydirect.gov/govt/...ebt_histo5.htm
By Percent of GDP
http://www.washingtonexaminer.com/ho...rticle/2560220