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Thursday, January 06, 2011

Final Tab for Pelosi's Speakership: $5.34 Trillion in New Debt

From Terence Jeffrey, writing at CNSNews.com on the disastrous four-year tenure of Nancy Pelosi as Speaker of the House:
In the 1,461 days that Rep. Nancy Pelosi (D.-Calif.) served as speaker of the House, the national debt increased by a total of $5.343 trillion ($5,343,452,800,321.37) or $3.66 billion per day ($3.657,394,113.84), according to official debt numbers published by the U.S. Treasury.

Pelosi was the 52nd speaker of the House. During her tenure, she amassed more debt than the first 49 speakers combined.

The total national debt did not climb above $5.343 trillion (the amount amassed during Pelosi’s four years as speaker) until Feb. 26, 1997, when Rep. Newt Gingrich (R.-Ga.) was serving as the nation’s 50th House speaker.
Final Tab for Pelosi's Speakership: $5.34 Trillion in New Debt — Or $3.66 Billion Per Day | CNSnews.com

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