Before you start celebrating over the Reid-Boehner debt deal …

More Hyscience Aug 1, 2011, 8:58 pm

… perhaps you might want to keep in mind that the $2.4 Trillion Reid-Boehner Deal – is the largest debt-limit INCREASE in U.S. History:

In fact, according to records published by the Congressional Research Service, if the current bill is passed and the debt limit is increased by $2.4 trillion, the two largest debt-limit increases in U.S. history would come in back-to-back years, both during the presidency of Barack Obama.

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The deal takes our total national debt to $16.7 trillion … and you better believe that Barack Obama plans to spend every dime of the difference between where it stands now and the total limit between now and the time he leaves office!

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  • Description: … perhaps you might want to keep in mind that the $2.4 Trillion Reid-Boehner Deal – is the largest debt-limit INCREASE in U.S. History: In fact, according to records published by the Congressional Research Service, if the current bill is passed and the debt limit is increased by $2.4 trillion, the two largest debt-limit increases in U.S. history would come in back-to-back years, both during the presidency of Barack Obama.Read