If you thought Obama accomplished a lot during his first term, just wait for the next 4 years. According to CBO, we have accrued $120 billion in debt just for the month of October – the first month of FY 2013. The administration disingenuously claims that the deficit for this year will come in below $1 billion, but we are already on pace to easily surpass that mark, making this his 5th year of billion dollar deficits.
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