Boehner-Obama Spending Deals Have Increased Debt $3,970,023,503,348.07

By Terence P. Jeffrey | October 26, 2015 | 2:42pm EDT
(AP Photo)

(CNSNews.com) - The federal debt has increased by $3,970,023,503,348.07 since House Speaker John Boehner cut his first spending deal with President Barack Obama in 2011.

That equals $33,832.64 for every household in the United States.

After the Republicans won a majority of the House of Representatives in the 2010 elections, Boehner was elected speaker in January 2011. At that time, the government was operating under a continuing resolution that expired on March 4, 2011. Before that CR expired, Boehner cut a spending deal that President Obama signed to fund the government after that date.

Ever since March 4, 2011, all federal spending has been authorized by laws that first passed a Republican-controlled House led by Boehner and then were signed by President Obama.

At the close of business on March 4, 2011, the federal debt was $14,182,627,184,881.03, according to the Treasury. At the close of business on Oct. 22, 2015, it was 18,152,650,688,229.10.

From March 4, 2011 through Oct. 22, 2015, the debt increased $3,970,023,503,348.07

As of June, according to the Census Bureau, there were 117,343,000 households in the United States. The $3.97 trillion in new debt that the federal government has accumulated under the spending deals approved by a Boehner-led, Republican-controlled House of Representatives equals $33,832.64 per household.

CNSNews Reader,

The media are hard at work weaving a web of confusion, misinformation, and conspiracy surrounding the COVID-19 pandemic.

CNSNews covers the stories that the liberal media are afraid to touch. It drives the national debate through real, honest journalism—not by misrepresenting or ignoring the facts.

CNSNews has emerged as the conservative media’s lynchpin for original reporting, investigative reporting, and breaking news. We are part of the only organization purely dedicated to this critical mission and we need your help to fuel this fight.

Donate today to help CNSNews continue to report on topics that the liberal media refuse to touch. $25 a month goes a long way in the fight for a free and fair media.

And now, thanks to the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you can make up to a $300 gift to the 501(c)(3) non-profit organization of your choice and use it as a tax deduction on your 2020 taxes, even if you take the standard deduction on your returns.

— The CNSNews Team

DONATE

Connect

Sign up for our CNSNews Daily Newsletter to receive the latest news.