And it took him only 39 months.
(CNSNews.com) — In the 39 months since Barack Obama took the oath of office as president of the United States, the federal government’s debt has increased by $5,027,761,476,484.56.
That is $16,043.39 for every one of the 313,385,295 people the Census Bureau now estimates live in the United States.
At the close of business on Jan. 20, 2009, the day Obama was inaugurated, the federal government’s debt was $10,626,877,048,913.08, according to the U.S. Treasury. As of the close of business on April 16, 2012 — as many Americans were working to finalize their 2011 tax returns to meet an April 17 filin deadline — the debt reached $15,654,638,525,397.64.
The $5,027,761,476,484.56 in additional debt that the U.S. government has taken on during the 39 months that Obama has been president is more debt than the federal government accumulated in the first 219 years of the Republic.