As Barack Obama approaches his 100th day as president, the United States has witnessed the most debt-riddled first 100 days of any administration in American history, according to the Republican Study Committee.
Obama has vaulted far past the debt numbers accumulated by his two predecessors in their first 100 days (in fact past their entire first years!), the RSC says. In just 100 days, Obama has left future generations $564 billion in new debt. Unfortunately for taxpayers, this is only a preview of what is to come, the RSC says.
More from the RSC release:
As American taxpayers continue to hand over their money to pay for President Obama's reckless spending agenda, it is appropriate to compare his first 100 days to those of previous administrations. The chart above shows the debt accumulated in President Obama's first 100 days compared to those of Presidents Bill Clinton and George W. Bush. Even given the size and scope of President Obama's reckless spending agenda, the figures are sure to surprise. (Source: Bureau of Public Debt)
Obama even blows away the competition when comparing his first 100 days to his predecessors' first full year.
Clinton's 1st YEAR: $312 Billion
Bush's 1st YEAR: $194 Billion
Obama's 1st 100 DAYS: $564 Billion