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
- ↑ 1.0 1.1 2011-06-01 Sarah Palin says Obama has accumulated more debt than previous 43 presidents combined: rated FALSE