Tea Party Nation—Alan Caruba, February, 11, 2014
His namesake legacy legislation, Obamacare, is wreaking havoc on the lives of millions of Americans who have lost or will lose their healthcare plans that have been replaced with those whose cost is far higher. It is costing the nation jobs, reducing further the income of millions. The Congressional Budget Office just released a report predicting it will cost 2.3 million jobs and add $1 trillion in projected deficits.
As reported by CNSnews on February 6, “The debt of the
U.S. government has increased
$6.666 trillion since President Barack Obama took office on Jan. 20, 2009, according
to the latest numbers released by the Treasury Department. It stands at
$17,293,019,654, 981.61. The total debt of the nation did not exceed $6.666
trillion until 2003. The U.S.
has accumulated as much debt as it did since its founding.
While in office in his first term, the
credit rating was reduced for the first time in its history.