The liberals have touted the 111th Congress as the most productive since the Great Society or even the New Deal. Whether or not you think the 111th Congress was productive or not, there is one thing this Congress will be remembered for – adding more debt onto our backs than EVER before.
CNS News, which does the job the regular mainstream news media refuses to do, notes the the 11th Congress has added more to the national debt than the first 100 Congresses combined.
The federal government has accumulated more new debt–$3.22 trillion ($3,220,103,625,307.29)—during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official debt figures published by the U.S. Treasury.
That equals $10,429.64 in new debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.
The total national debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.
In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has out-stripped its nearest competitor, the 110th, by an astounding $1.262 trillion in new debt.
During the 110th Congress—which, according to the Clerk of the House, officially convened on Jan. 4, 2007 and adjourned on Jan. 4, 2009–the national debt increased $1.957 trillion. When that Congress adjourned less than two years ago, it claimed the record as the most debt-accumulating Congress in U.S. history. As it turned out, however, its record did not last long.
Nancy Pelosi, current Speaker of the House, had this to say in 2007 on her first day on the job:
“After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” she said in an address from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt.”
And the Democrats wonder why people like the Tea Party are so darn upset?