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Obama Budget Increases Debt Share to $189,000 per Household

Obama Budget Increases Debt Share to $189,000 per Household

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An analysis by GOP Senate Budget Committee staff finds that each American household’s share of the U.S. national debt would jump to $189,000 under President Barack Obama’s newly released 2014 budget.

Presently, each household’s share of the debt is $133,000. The Obama budget would raise that figure $56,000 per household over the decade.


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