The largest chunk of Obama's national debt was written on Palin's hand

Updated

Try not to choke on your coffee, but the nonpartisan Congressional Budget Office (CBO) projected that the Obama administration policies would dump $9.7 trillion onto the national debt by 2020. The projected national debt by 2020, according to the CBO, would top $20.3 trillion.

Yeah, that's a lot. Put another way, if you had $9.7 trillion and you wrote me a check for $1 trillion, you'd still have $8.7 trillion and I'd be a brand new trillionaire, thank you.

Suffice to say, this projected national debt -- at the equivalent of around 90% of the American economy -- is unacceptable. There's no conceivable justification for digging a hole that deep and thus leaving our national sovereignty to the whimsy of foreign lenders.

Advertisement