111th Congress Added More Debt Than First 100 Congresses Combined

$10,429 New Debt Per Person In The U.S. !!!

The federal government has accumulated more new debt, $3.22 trillion ($3,220,103,625,307.29), during the tenure of the 111th Congress than it did during the first 100 Congresses combined, according to official U.S. Treasury Debt Figures.

That comes to $10,429.64 in New Debt for each and every one of the 308,745,538 people counted in the United States by the 2010 Census.

The Total National Debt of $13,858,529,371,601.09 (or $13.859 trillion), as recorded by the U.S. Treasury at the close of business on Dec. 22, now equals $44,886.57 for every man, woman and child in the United States.

In fact, the 111th Congress not only has set the record as the most debt-accumulating Congress in U.S. history, but also has dwarfed the 110th Congress, by an astounding $1.262 trillion in New Debt.

During the 110th Congress the national debt increased $1.957 trillion. When that Congress adjourned, it held the record as the most debt-accumulating Congress in U.S. history.

As it turned out, that record did not last long.

With House Speaker Nancy Pelosi driving the car, (an analogy Obama so loved to use in his failed attempt to demonize Republicans in the midterm election), the federal government has run up $5.177 trillion in new debt. That is about equal to the total debt the federal government accumulated in the first 220 years of the nation's existence.

In her inaugural address as speaker, Pelosi vowed that Congress would engage in no new deficit spending. "After years of historic deficits, this 110th Congress will commit itself to a higher standard: Pay as you go, no new deficit spending,” she said in an address from the speaker’s podium. “Our new America will provide unlimited opportunity for future generations, not burden them with mountains of debt." 

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