The Federal Debt - Who's really to blame?

Don't expect to hear anything remotely close to this from Obama and Democrats' , but these are the facts, 

uncovered by our friend and associate, Jim Miller, while doing some research for one of his LTEs.  The 

debt numbers are taken from the Department of Treasury web site.  Here's the scoop  :

When George W. Bush was inaugurated in 2001, the Federal Public Debt (FPD) was $3.4 Trillion.  The

FPD increased to $4.9Trillion (an increase of $1.5 Trillion) by the time Democrats regained control of  

both houses of Congress in January, 2007.  In two years with a lame duck Republican president and a 

Congress controlled by Democrats, the FPD rose to $6.3 Trillion, an increase of $1.4 Trillion.  So, the 

debt  increased as much in 2 years of a Democrat-controlled Congress as it did in 6 years with a 

Republican-controlled Congress.

Since January, 2009, Democrats have controlled the White House and both houses of Congress.  The 

current FPD is $8.7 Trillion!  In just 18 months, the FPD has increased by $2.4 Trillion.  The 

Congressional Budget Office now predicts that the FPD will reach $20.3 Trillion in 2020!

Thanks, Jim!