IT'S OFFICIAL! Obama’s Now Borrowed More Than All Presidents from Washington to W...

AP

AP

The federal government has now borrowed more money during Barack Obama’s time as president than it did in the period lasting from the time President George Washington took the oath office until July 2, 2001, more than five months into the first term of President George W. Bush.

At the close of business on Jan. 20, 2009, when President Barack Obama was inaugurated, the national debt stood at $10,626,877,048,913.08, according to the Treasury. At the close of business this Thursday, it stood at $16,323,083,449,604.98.

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