President Barack Obama has been accused of running up trillions of dollars of debt, increasing the national debt to $15 trillion.
The House of Representatives is where all spending bills originate and it is a Republican-run House that has added trillions to the national debt.
The George W. Bush administration added $4 trillion to the national debt with undeclared and unpaid-for wars in Afghanistan and Iraq.
In 2000, before Bush, the Navy had four super aircraft carriers; there are now 10 super carrier battle groups. When you add up the cost of the carrier, their power plants, weapons systems, aircraft, missile cruisers, destroyers, frigates, three nuclear submarines and support ships, each battle group represents a cost of $1 trillion. The six battle groups added since 2000 added another $6 trillion to the national debt.
The Bush administration started the bailouts of banks and investment institutions. The Bush tax cuts obviously did not stimulate the economy and have cost the treasury trillions of dollars.
We have $4 trillion for unnecessary wars, $6 trillion for aircraft carrier battle groups, trillions in tax cuts and trillions in stimulus packages adds up to about $15 trillion wasted by the Bush administration that went directly to the national debt.
Republicans have intentionally bankrupted this country in an attempt to make it look like we cannot afford Social Security, Medicare and other social programs.
Today's Republican Party is the rising of the new Confederate States of America and it is carrying out the goals of that despicable rebel movement.
Judson Duncan, Monmouth