The debt limit was increased twice in 2008, from 9,815B to 10,615B on July 30th. Then an additional increase to 11,315B on Oct. 3rd for the new fiscal year.
On February 17th, 2009, just 4 short months later it was increased again to 12,104B.
The last Debt Ceiling increase was February 12th, 2010, less than 1 year later. That time it was a whopping 2,190B jump from 12,104B to 14,294B.
We're broke again.
Obama has blown 2 trillion dollars and for what? Higher unemployment? An electric car from government motors that no one wants?