Boehner’s Spending Deals Have Increased Debt $3.8T in 3.8 Years

12/13/2014

(CNSNews.com) - The federal debt has increased by $3.8 trillion in the 3.8 years that have passed since House Speaker John Boehner cut his first spending deal with Senate Democrats and President Obama.

That works out to $32,938.38 for every household in the United States—including those taking federal welfare benefits—and $42,783.20 for every full-time year-round private-sector worker in the United States.

In fact, the $42,783.20 that the federal government has borrowed per full-time year-round private-sector worker since Boehner cut his first federal spending deal exceeds the $41,916 that according to the Census Bureau was the median annual earnings of full-time year-round private-sector wage and salary workers in 2013.

Boehner became speaker in January 2011, after the Republicans won a majority of the House of Representatives in the midterm elections of 2010. At that time, the government was operating under a continuing resolution that expired on March 4, 2011. Before that CR expired, Boehner cut a spending deal to fund the government after it expired.

Ever since March 4, 2011, all federal spending has been authorized by laws passed by the Republican-controlled House that Boehner leads.

At the close of business on March 4, 2011, the federal debt was $14,182,627,184,881.03, according to the Treasury. At the close of business on Dec. 9, 2014, it was $17,997,912,502,715.74.

From March 11, 2011 through Dec. 9, 2014, the debt increased $3,815,285,317,834.71.

1,376 days—or 3.8 years—transpired between March 4, 2011 and Dec. 11, 2014.

The $3.8 trillion in new debt that the federal government has accumulated under the spending deals approved by a Republican-controlled House of Representatives over the past 3.8 years equals $2,772,736,422.84 in new debt per day.

It also equals $32,938.38 in new debt for each of the 115,831,000 households the Census Bureau says were in the United States as of September, and $42,783.29 for each of the 89,177,000 full-time year-round private-sector workers that the Census Bureau says were in the United States in 2013.

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