CBO: Obama’s Policies to Increase National Debt 47 Percent to $21.7 Trillion by 2022

CNS News | Jan 31, 2012

By Matt Cover

(CNSNews.com) The Congressional Budget Office projects that the national debt under President Obama’s policies will rise to $21.665 trillion by 2022, according to its updated budget outlook.

The updated outlook, released Tuesday, found that current Obama administration policies will result in a 50 percent increase in debt held by the public and a 40 percent increase in intra-governmental debt held in the trust funds of entitlement programs.

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1 Comment on "CBO: Obama’s Policies to Increase National Debt 47 Percent to $21.7 Trillion by 2022"

  1. Don’t think we’ll have to worry about it because we may not be around that long given the state of the world these days.

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