Obama By The Numbers

Obama By The Numbers

$45.4 Trillion:  

 Total Federal Spending Proposed By Obama’s FY2013 Budget Through 2022. (CBO, 3/16/12)

$25. 9 Trillion:  

 Projected Federal Debt In 2022 Due To Obama’s Binge Spending. (OMB, 2/13/12)

$15.6 Trillion:  

 Current National Debt ($ 15,671,202,480,642.98 ). (U.S. Treasury Department, Accessed 5/7/12)

$10.3 Trillion:  

 Amount Obama’s FY2012 Budget Would Add To The Debt Through FY2022. (OMB, 2/13/12)

$6.4 Trillion:  

 Cumulative Deficits Over FY2013-2022. (CBO, 3/16/12)

$5.0 Trillion:  

 Added To The National Debt Since Obama Took Office, More Than Any Other President In History. (U.S. Treasury Department, Accessed 5/7/12)

$4.8 Trillion:  

 Total Interest Payments On The National Debt Due To Obama’s Proposed Budget, FY2013-2022. (CBO, 3/16/12)

$2.6 Trillion:  

 True Cost Of ObamaCare Once Fully Implemented. (Office Of The Speaker Of The U.S. House Of Representatives, Report, 1/6/11)

$1.9 Trillion:  

 Higher Taxes In Obama’s Budget. (OMB, 2/13/12)

$1.75 Trillion:  

 Annual Cost Of Federal Regulations. (Small Business Administration, September 2010)

$1.416 Trillion:  

 Federal Budget Deficit For FY2009 – Highest In U.S. History.(CBO, 10/7/10)

$1.298 Trillion:  

 Federal Budget Deficit For FY2011 – Second Highest In U.S. History. (CBO, 10/7/11)

$1.294 Trillion:  

 Federal Budget Deficit For FY2010 – Third Highest In U.S. History. (CBO, 10/7/10)

$1.253 Trillion:  

 Projected Federal Budget Deficit For FY2012. (CBO, 3/16/12)

$1.18 Trillion:  

 Total Cost Of Obama’s First Stimulus With Interest. (CBO, 1/31/12, CBO, 1/27/09)

$1.18 Trillion:  

 American Debt Held By China. (U.S. Treasury Department, Accessed 5/7/12)

$831 Billion:  

 Price Tag Of Obama’s First Failed Stimulus. (CBO, 1/31/12)

$721 Billion:  

 Deficits Incurred During The First Seven Months Of FY2012.(CBO, 5/7/12)

$575 Billion:  

 Amount Of Medicare Cuts In ObamaCare. (CMS Chief Actuary Richard S. Foster, Memo, 4/22/10)

$491.7 Billion:  

 Amount Of Taxes In ObamaCare. (Letter to Speaker Nancy Pelosi, 3/18/10; Joint Committee On Taxation, 3/2/10)

$447 Billion:  

 Price Tag Of Obama’s Second Stimulus. (The White House, 9/8/11)

$347.1 Billion:  

 Debt Service Costs For Borrowing To Pay For Obama’s First Stimulus. (CBO, 1/27/09)

$231 Billion:  

 Burden Of New Regulations Imposed In 2011. (American Action Network, 1/2/12)

$175 Billion:  

 Increased Spending In Obama’s Second Stimulus. (CBO, 10/5/11)

$150 Billion:  

 Taxpayer Funds For Fannie Mae And Freddie Mac. (Reuters, 3/25/12)

$24 Billion:  

 Stimulus Funds Sent To Tax Cheats. (Government Accountability Office, April 2011)

$21.7 Billion:  

 Amount Government Expects To Lose On Bailouts Of Auto Industry. ( U.S. Treasury Department , 4/10/12)

$1.3 Billion:  

 Amount Taxpayers Will Not Recover From Bailout Of Chrysler.(FactCheck.org, 6/6/11)

$535 Million:  

 Stimulus Loan To The Failed Solar Company Solyndra. (The Oakland Tribune, 11/4/10)

133 Million:  

 Annual Paperwork Burden Hours Imposed By Regulators In 2011. (American Action Network, 1/2/12)

$106.3 Million:  

 Obama Campaign Cash Raised By Bundlers. (Federal Election Commission, FEC.gov, Accessed 5/7/12; “Obama For America And Obama Victory Fund 2012 Volunteer Fundraisers,”BarackObama.com, Accessed 5/7/12)

97.3 Million:  

 Number Of Americans That Qualify As Low-Income. ( The Associated Press , 12/15/11)

88.4 Million:  

 Americans Not In The Labor Force, An All-Time High. (Bureau of Labor Statistics, Accessed 5/7/12)

49.1 Million:  

 Number Of Americans Living In Poverty (Supplemental Poverty Measure). (US Census Bureau, 11/7/11)

46.3 Million:  

 Number Of Americans Receiving Food Stamps In February 2012. (Department Of Agriculture, Accessed 5/7/12)

46.2 Million:  

 Record Number Of Americans Living In Poverty (Official Measure). (U.S. Census Bureau, 9/13/11)

22.7 Million:  

 Americans Unemployed, Underemployed Or Marginally Attached To The Labor Force. (Bureau of Labor Statistics, Accessed 5/7/12)

$18 Million:  

 Cost Of The Stimulus Website Recovery.org. (ABC News’ “The Note,” 7/8/09)

12.5 Million:  

 Unemployed Americans. (Bureau of Labor Statistics, Accessed 5/7/12)

7.9 Million:  

 Americans Working Part-Time For Economic Reasons. (Bureau of Labor Statistics, Accessed 5/7/12)

6.3 Million:  

 Number Of Americans That Fell Into Poverty Since Obama Took Office. (U.S. Census Bureau, 9/13/11)

5.6 Million:  

 Number Of Mortgages Either 30 Days Delinquent Or In Foreclosure. (Lender Processing Services, 4/24/12)

5.1 Million:  

 Americans Unemployed 27 Weeks Or Longer. (Bureau of Labor Statistics, Accessed 5/7/12)

4 Million:  

 Workers Granted Waivers So That ObamaCare Would Not Outlaw Their Health Care Plan. (HHS.gov, Accessed 5/7/12)

3.7 Million:  

 Americans Unemployed 52 Weeks Or Longer. (Bureau of Labor Statistics, Accessed 5/7/12)

2.3 Million:  

 Foreclosure Starts During 2011. ( Lender Processing Services , 1/20/12)

1.59 Million:  

 Personal Bankruptcies In 2010. ( United States Courts , 2/15/11)

$1.5 Million:  

 Stimulus Funds Sent To Indonesia To Discourage Air Pollution In Jakarta. (The Daily Caller, 7/7/11)

1.47 Million:  

 Personal Bankruptcies In 2009. ( United States Courts , 2/15/11)

1.35 Million:  

 Personal Bankruptcies In 2011. (Los Angeles Times , 1/5/12)

1,000,000:  

 Construction Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 5/7/12)

968,000:  

 Discouraged Workers That Have Given Up Looking For Work.(Bureau of Labor Statistics, Accessed 5/7/12)

605,000:  

 Manufacturing Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 5/7/12)

572,000:  

 Jobs Lost Since Obama Took Office. (Bureau of Labor Statistics, Accessed 5/7/12)

567,000:  

 Jobs Lost Since Obama Took Office That Were Filled By Women. (Bureau of Labor Statistics, Accessed 5/7/12)

342,000:  

 Number Of Americans That Dropped Out Of The Labor Force In April. (Bureau of Labor Statistics, Accessed 5/7/12)

89,000:  

 The Number Of Stimulus Checks Sent To Dead Or Incarcerated People. ( The Wall Street Journal , 10/7/10)

81,405:  

 Record Number Of Pages Added To The Federal Register In 2010. ( Competitive Enterprise Institute , 2011)

58,400:  

 Number Of Heavy And Civil Engineering Construction Jobs Lost Since The Stimulus Was Passed. (Bureau of Labor Statistics, Accessed 5/7/12)

$50,758:  

 Your Share Of The National Debt. (U.S. Treasury DepartmentAccessed 5/7/12; U.S. Census Bureau, Accessed 5/7/12)

45,696:  

 Pages Of New Rules Added To The Federal Register During Obama’s First Two Years In Office. ( Competitive Enterprise Institute , 2011)

$25,000:  

 Average Student Loan Debt Burden. ( The Associated Press , 4/3/12)

23,000:  

 The Number Of Jobs Obama Knew His Drilling Moratorium Would Kill. ( The Wall Street Journal , 8/21/10)

$16,388:  

 Increase In Your Share Of The National Debt Since Obama Took Office. (U.S. Treasury Department Accessed 5/7/12; U.S. Census Bureau, Accessed 5/7/12)

$15,500:  

 Annual Cost Per Household From Federal Regulations. (Small Business Administration, September 2010)

$11,300:  

 Negative Effect Of Debt On Gross National Product Per Person In 2035. (CBO, 6/22/11)

$10,585:  

 Cost Per Employee That Federal Regulations Place On Small Businesses. (Small Business Administration, September 2010)

10,000:  

 Jobs Lost In The Wind Energy Industry Since Obama Took Office. (Reuters, 4/13/12)

$4,300:  

 Decline In Median Household Income Since Obama Took Office. ( Bloomberg , 4/30/12)

3,700:  

 Number Of Tax Delinquents Who Received Stimulus Funds.(Government Accountability Office, April 2011)

2060:  

 Year Federal Spending Will Reach 50 Percent Of GDP. (CBO, 6/22/11)

2037:  

 Year That Federal Debt Will Reach 200 Percent Of GDP. (CBO, 6/22/11)

2033:  

 Year That The Social Security Trust Fund Will Be Exhausted.(The Trustees Of Social Security & Medicare, 4/23/12)

2022:  

 Year That The CBO Predicts Medicare’s Trust Fund Will Be Exhausted. (CBO, 4/10/12)

2016:  

 Year That The Social Security Disability Trust Fund Will Be Exhausted. (The Trustees Of Social Security & Medicare, 4/23/12)

1,722:  

 Number Of Waivers Granted To Unions And Businesses So That ObamaCare Would Not Outlaw Their Health Care Plans.(HHS.gov, Accessed 5/7/12)

1,603:  

 Number Of Regulations That Would Impact Small Businesses Proposed By Obama Administration In First Two Years In Office. ( Competitive Enterprise Institute , 2011)

1,106:  

 Days Since Harry Reid’s Senate Has Passed A Budget Resolution. (S. Con. Res. 13, Roll Call 173 ; 4/29/09)

408:  

 Number Of Regulations Proposed By Obama During First Two Years That Have An Economic Impact Of Over $100 Million. (Competitive Enterprise Institute , 2011)

113:  

 Number Of Current Or Former Registered Lobbyists Who Have Gone Through The Obama Administration’s Revolving Door.(Center For Responsive Politics,Opensecrets.org, Accessed 5/7/12)

106.2%

 Federal Debt As A Share Of GDP At The End Of 2013. (CBO, 2/13/12)

92:  

 Number Of Bank Failures In 2011. (FDIC, Accessed 2/3/12)

80%:  

 Small Businesses That Could Be Forced To Change Health Care Plans As A Result Of ObamaCare. (NFIB, 7/11)

79%:  

 Stimulus Funds For Wind, Solar And Geothermal Energy Projects That Went To Foreign Firms. ( Investigating Reporting Workshop/ABC’s World News Tonight/Watchdog Institute , 2/8/10)

76%:  

 Americans Who Say The Economy Is Still In A Recession. ( The Washington Post, 4/11/12)

72.5%:  

 Federal Debt Held By The Public As Share Of GDP By End Of The Year. (CBO, 1/31/12)

63.6%:  

 Labor Force Participation Rate, The Lowest Level Since 1981.(Bureau of Labor Statistics, Accessed 5/7/12)

63%:  

 Americans Who Say Higher Gas Prices Have Had A “Great Deal” Or “Quite A Bit” Of Impact On Them And Their Families .( NBC News/Wall Street Journal Poll , 1000 A, MoE 3.1%, 4/13-17/12)

62%:  

 Share Of Americans Who Own Homes, Lowest Level Since 2001. ( Gallup , 4/26/12)

62%:  

 Voters Who Think The Federal Debt Will Increase As A Result Of Obama’s Fiscal Policies. (Pulse Opinion Research, 1,000LV, MoE 3 %, 3/15/12)

56%:  

 Americans Who Disapprove Of Obama’s Handling Of The Economy. ( Quinnipiac University Poll , 2577 RV, MoE 1.9%, 4/11-17/12)

48.5%:  

 Households That Receive Some Form Of Government Assistance. ( The Wall Street Journal , 10/5/11)

47.5%

 Increase In Total National Debt Under Obama. (U.S. Treasury Department, Accessed 5/7/12)

39.1:  

 Number Of Weeks That It Takes To Find A Job. (Bureau of Labor Statistics, Accessed 5/7/12)

39:  

 Record Number Of Straight Months With Unemployment Rate Above 8 Percent. (Bureau of Labor Statistics, Accessed 5/7/12)

34.2%:  

 Households That Receive Either Food Stamps, Subsidized Housing, Cash Welfare Or Medicaid. ( The Wall Street Journal , 10/5/11)

31.1%:  

 Unemployed Workers Out Of Work For Over A Year. (Bureau of Labor Statistics, Accessed 5/7/12)

29%:  

 Share Of Existing Home Sales In February That Were Distressed Properties (Foreclosures And Short Sales). ( National Association Of Realtors , 4/19/12)

27%:  

 Share Of Households That Would Have Their Taxes Raised By Obama’s FY2013 Budget. (Tax Policy Center, 3/15/12)

22.8%:  

 Share Of Active Residential Mortgages That Are Underwater. (Zack’s Equity Research , 3/5/12)

18%:  

 Amount GNP Would Be Lowered Due To Debt’s Effect On Economic Growth By 2035. (CBO, 6/22/11)

17%:  

 Cut To Medicare Benefits When Trust Fund Is Exhausted.(House Ways & Means Committee Hearing, 6/22/11)

15.1%:  

 Americans Living In Poverty. (U.S. Census Bureau, 9/13/11)

11.1%:  

 What The Unemployment Rate Would Be If The Labor Force Participation Rate Was The Same As It Was When Obama Took Office. (Bureau of Labor Statistics, Accessed 5/7/12)

9%:  

 Increase In The Cost Of Health Care Premiums In 2011. ( Kaiser Health News , 9/27/11)

8.1%:  

 Unemployment Rate. (Bureau of Labor Statistics, Accessed 5/7/12)

7.09%:  

 Percent Of Home Loans Delinquent In March. (Lender Processing Services, 5/2/12)

6.9%:  

 Increase In The Price Of Groceries In The Past Year. ( Los Angeles Times , 4/25/12)

4:  

 Record +$1 Trillion Deficits On Obama’s Watch. (OMB, 2/13/12)

2.3%:  

 Decline In Median Household Income In 2010. (U.S. Census Bureau, 9/13/11)

0:  

 Other People Obama Will Have Left To Blame For The Failures Of His Economic Policies In 2012. (The American People, 11/6/12)

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