Debt Ceiling Raised Seven Times Under Obama, Costing $43,000 Per Household

Written by Amy Payne

Did you know that since President Obama came into office, the debt limit has been raised seven times?

With those increases, Congress has added $43,000 in debt for every American household in just the last four years.

And now the debt limit deadline is looming again. Treasury will run out of tricks to keep paying the bills on October 17, Secretary Jack Lew announced yesterday.

Instead of pursuing... http://blog.heritage.org/2013/09/26/morning-bell-43000-per-household/?ut...