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As DNC Starts, Debt Clock to Break $16T

And another dubious record is out today...

By Evann Gastaldo,  Newser Staff

Posted Sep 4, 2012 12:26 PM CDT

(Newser) – A couple milestones will probably be hit as the Democratic National Convention kicks off in North Carolina—and not good ones. The Treasury Department's official national debt clock is currently sitting at $15.99 trillion, meaning it should click over to $16 trillion today, Fox News reports. We're guessing the Democrats won't make as big a deal of the clock as did the Republicans—who featured two debt clocks at their convention last week. And another dubious landmark is out today: Food stamp usage hit 46.7 million people in June, a record. That's 3.3% higher than participation from a year prior, Bloomberg reports

This Feb. 1, 2010, file photo shows the National Debt Clock in New York.
This Feb. 1, 2010, file photo shows the National Debt Clock in New York.   (AP Photo/Mark Lennihan, File)
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Fox News reports on the national debt.   (Fox News)

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COMMENTS
Showing 3 of 44 comments
HANKHILL
Sep 5, 2012 9:40 AM CDT
obummer done did it!
loyalamerican
Sep 4, 2012 10:09 PM CDT
I wonder where it would be without the two bush's 3 wars?
ren1999
Sep 4, 2012 8:22 PM CDT
Obama is the most fiscally conservative President in recent history.  He spent half of what Reagan and Bush 2 spent.
 

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