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Saturday, June 2, 2012

Debt Up $1.59T Under GOP House—More in 15 Months Than First 97 Congresses Combined

This is the result of Progressives in charge of the House, Senate and White House. John Boehner may claim to be conservative but there is absolutely no way that he is. This debt has been approved by him and the other GOP leaders and there is no excuse. They are all intentionally destroying our country. May they be judged rightly for their deeds. - Reggie

(CNSNews.com) - The Republican-controlled House of Representatives, which took office in January 2011, has enacted federal spending bills under which the national debt has increased more in less than one term of Congress than in the first 97 Congresses combined.

In the fifteen months that the Republican-controlled House of Representatives--led by Speaker John Boehner--has effectively enjoyed a constitutional veto over federal spending, the federal government’s debt has increased by about $1.59 trillion.

Article 1, Section 9, Clause 7 of the Constitution says: “No Money shall be drawn from the Treasury, but in Consequence of Appropriations made by Law.” A law appropriating money cannot be enacted unless it is approved by the House.

The approximately $1.59 trillion in new debt accumulated since the Republican-controlled House gained a veto over federal spending legislation is more than the total increase in the federal debt between 1789, when the first Congress convened, and October 1984, when the 98th Congress was nearing the end of its second session.

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