Myths/Obama/federal budget/more than previous 43 presidents

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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."[1]

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."[1]

Footnotes