Surfing brought me to FARK and the tagline of:
It took the government 214 years to borrow the first $3 trillion, it took Obama only 22 months
I'm naturally inquisitive, of course, so I clicked to look at the numbers and was greeted with an inflammatory headline:
My first thought? That was fast!
Especially when I thought about the sketchy knowledge of how those numbers came to be. So off I went to Wikipedia to see what they had to say about the United States budget process. Fun fact:
The President submits the budget request each year to Congress for the following fiscal year, as required by the Budget and Accounting Act of 1921. Current law (31 U.S.C. 1105(a))[4] requires the President to submit a budget no earlier than the first Monday in January, and no later than the first Monday in February. Typically, Presidents submit budgets on the first Monday in February.
So Obama, being the new president as of January 20, 2009, submitted his first budget the following month (February 2009) for FY 2010.
Which began on October 1, 2010.
Which was 20 days ago.
So...unless the new projections for the Federal Debt are now approaching $55 Trillion and society has collapsed in a Beckian and goldlinian apocalypse of survivalist, orgasmic proportions, I would have to say that "CNS News" is a hyperbolic and misleading piece of crap.
Reality continues to have that famed Liberal Bias...