Democratic nominee Hillary Clinton tried to say during the third presidential debate that President Barack Obama cut the deficit during his presidency, a claim that appears to contradict the facts, according to the U.S. Treasury.
“When President Obama came into office, he inherited the worst economic disaster since the great depression. He has cut the deficit by two-thirds,” Clinton said during the debate in Las Vegas Wednesday evening.
The Federal Budget Deficit Totaled $459 Billion when Obama took office in 2008 according to the Office of Management and Budget, but Politico reported that the deficit was $600 billion as of July, up $162 billion from 2015.
Obama increased the overall National Debt by 84 percent in the nearly 8 years in office. In the beginning of 2009, the debt totaled $10.627 Trillion, and ballooned up to $19.766 as of Oct. 18, 2016.
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