National Debt
There are a number of exhibits included in the budget that President Obama sent to Congress this week.
Look at the one above called Statutory Limits on Federal Debt. Scroll down and see how many times (and to what degree) Congress has voted to lift the debt ceiling on itself since 1940.
This year’s budget increases the limit over the 2009 amount by $1 trillion to $13T. The overall national debt is projected to be over $18T by 2015!
