Wednesday, September 14, 2011
Our Debt Ceiling Limit Has Doubled in The Past 7 Years...
After increasing the nation's debt ceiling limit to $15.2 trillion per the legislation signed by President Obama on 08/02/11, we have more than doubled our debt ceiling limit in less than 7 years.
The debt ceiling was $7.4 trillion as of 10/31/04.
Source: Treasury Department
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