Graph of the Day for February 11, 2010

"On the day my administration took office, we faced an additional $7.5 trillion in national debt by the end of this decade as a result of the failure to pay for two large tax cuts, primarily for the wealthiest Americans, and a new entitlement program. We also inherited the worst recession since the Great Depression-which, even before we took any action, added an additional $3 trillion to the national debt."  President Obama.


Source:  Veronique de Rugy, the American.


Hoven's Index for February 11, 2010


Amount of spending over next 10 years requested by President Obama, over what he requested last year:  $1.6 trillion.

The 2010 deficit projected by President Obama in 2009:  $1.2 trillion.

The 2010 deficit projected by President Obama in 2010:  $1.6 trillion. 

Source:  Veronique de Rugy, the American.


Graph of the Day Archive.

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