View source for Myths/Obama/federal budget/more than previous 43 presidents

[[category:Sarah Palin]]
[[category:Barack Obama]]
[[category:Obama-Biden administration]]
[[category:deficit]]
{{hdr/myth|Obama has accumulated more debt than previous 43 presidents combined.}}
==Myth==
===Example===
* "Look at the debt that has been accumulated in the last two years. It's more debt under this president than all those other presidents combined."<ref name=pfact />
==Reality==
"...under Obama, the public debt rose by $3.411 trillion and the gross federal debt rose by $3.718 trillion. That’s a huge amount of money -- but it’s far less than what was accumulated by Obama’s 43 predecessors."<ref name=pfact />
==Footnotes==
<references>
<ref name=pfact>'''2011-06-01''' [http://www.politifact.com/truth-o-meter/statements/2011/jun/01/sarah-palin/sarah-palin-says-obama-has-accumulated-more-debt-p/ Sarah Palin says Obama has accumulated more debt than previous 43 presidents combined]: rated FALSE</ref>
</references>