US Public Debt Up 59% Under Obama

US debt has been increasing:

U.S. Debt Held by Public Tops $10T for 1st Time—Up 59 Percent Under Obama…

During Obama’s presidency, debt held by the public has now increased by $3.71694 trillion–or almost 59 percent from the $6.3073 trillion in debt held by the public that the government owed to its creditors on Jan. 20, 2009, when Obama was inaugurated.

Also, according to the most recent reports available from the Treasury and the Federal Reserve, approximately $6.1 trillion of that debt—or about 61 percent of it—is owned by foreign interests (led by the Chinese and the Japanese) and by the Federal Reserve….

The Treasury divides the debt of the U.S. government into two general categories: “debt held by the public” and “intragovermental” debt. http://cnsnews.com/news/article/us-debt-held-public-tops-10t-1st-time-mo

Now the total debt on the USA debt clock has raised closer to 37%, as opposed to 59%. But either way, that is a huge increase in the debt of the USA in not much more than 2 1/2 years.

The Bible lists debt as a curse for disobedience (Deuteronomy 28:42-51). Creditors rising “up suddenly” to “plunder” as discussed in Habakkuk 2 means the end of the USA.

The USA is the largest debtor nation in the history of the world and seems determined to fulfill the prophecies related to the end time debtor. It cannot borrow like it has indefinitely.

Events continue to align with biblically-understood prophecy.

Some items of possibly related interest may include:

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