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Federal debt officially passes $16 trillion mark as Democrats launch convention

Federal debt officially passes $16 trillion mark as Democrats launch convention
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http://twitter.com/#!/thesavvy/status/243089850427916288

It was the GOP which featured a rolling debt clock at its national convention, but it was just an hour before the Democrats dropped the gavel on their gathering Tuesday that the Treasury Department announced that the debt had topped the $16 trillion mark.

BREAKING: National Debt tops $16 trillion! RT if you agree it's time to pass a BBA & vote in poll: http://t.co/WCX8Df0c #TXSen

— Ted Cruz (@tedcruz) September 4, 2012

The national debt passing $16 trillion is the latest reminder we need to rein in spending. That’s why I support a Balanced Budget Amendment.

— Scott P. Brown (@SenScottBrown) September 4, 2012

The national debt has just passed $16 trillion under President Obama. We need to be serious about spending cuts before it's too late. #tcot

— Michele Bachmann (@MicheleBachmann) September 4, 2012

With $16 trillion in federal debt, it’s time to address the serious fiscal challenges we face and stop spending money we don’t have.

— Eric Cantor (@RepEricCantor) September 4, 2012

Under President Obama’s watch, the national debt today hit a record $16 trillion. The #ObamaEconomy isn't working: http://t.co/oYEZGAdE

— Senate Republicans (@Senate_GOPs) September 4, 2012

$16,015,769,788,215.80!!! The national debt has increased $5.4 trillion on President Obama's watch #WrongWay http://t.co/EmSMqvRI #tcot

— Rep. Bill Huizenga (@RepHuizenga) September 4, 2012

Sea of red ink covering people in the Democratic National Convention logo is perfect -national debt passed $16 trillion for first time today

— Newt Gingrich (@newtgingrich) September 4, 2012

We did it! We did it!! We finally topped 16 TRILLION in debt!!! Oh wait….this is not the goal. #wakeupamerica

— Dave Ramsey (@DaveRamsey) September 4, 2012

Obama has been President for 1.6% of the time since we declared independence. He has incurred 33.6% of our total debt. #dnc

— STU BURGUIERE (@WorldOfStu) September 4, 2012

Our National Debt just topped $16 Trillion dollars?!? If America was my teenager, I think I'd have to take away his credit card! 🙂

— Dan Schneider (@DanWarp) September 4, 2012

$16,000,000,000,000 is a big number but remember, Obama says he needs four more years to finish the job he started! #Forward

— Kevin Eder (@keder) September 4, 2012

People on food stamps reaches new record of 46.7 people and we now have $16,000,000,000,000…..Panic?

— Katie Pavlich (@KatiePavlich) September 4, 2012

http://twitter.com/JasonBWhitman/statuses/243092420814839808

What does $16 trillion debt mean to you? $50,906 per American. Median income (2011)? $51,413. http://t.co/nXaIzo4N #teaparty #tcot

— Michael Q Sullivan (@MQSullivan) September 4, 2012

#Forward! RT @AmyKremer $16,000,000,000,000.00 or $16T! Welcome to America where we are going over the fiscal cliff!

— Teri Christoph (@TeriChristoph) September 4, 2012

It's now OFFICIAL. National debt is over $16 trillion, and debt per taxpayer has crossed $140,000. Nice work, Obama. #nationaldebt #tcot

— Ken Gardner (@kesgardner) September 4, 2012

Apologists for the administration were quick to follow their leader and set the blame elsewhere.

****** Folks out here trynna make my president look stupid like he put the country in 16 Trillion $ worth of debt on his own !

— Female Problems ° (@ATypicalFemale) September 4, 2012

Sooo the 16 Trillion Dollar deficit is supposed to be all Obamas fault? Republicans are funny! Let's go back to the Bush era when it started

— Royce IG= RoyceReed (@Roycelr) September 4, 2012

Go back to the Bush era? Can we do that?

Read more: http://twitchy.com/2012/09/04/federal-debt-officially-passes-16-trillion-mark-as-democrats-launch-convention/


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