Ever wonder where we get all the money to fund Obama’s overspending? A substantial amount of it comes from foreign entities. The largest foreign debt holder is China. And under President Obama that has risen 72%:
The U.S. government’s indebtedness to foreign interests has grown by 72.3 percent during President Barack Obama’s term in office. In January 2009, when Obama was inaugurated, the U.S. government owed $3.0717 trillion to foreign entities, according to the Treasury Department. That has increased by $2.2206 trillion—or 72.3 percent—to the record $5.2923 trillion reported for yesterday.