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U.S. Republicans attack Obama as public debt tops 16 trillion USD

(Xinhua)

14:05, September 05, 2012

WASHINGTON, Sept. 4 (Xinhua)-- U.S. Republicans hammered President Barack Obama's handling of economy Tuesday after figures showed that the nation's public debt surpassed 16 trillion U.S. dollars.

According to the Treasury's figures, the total outstanding U.S. public debt hit 16 trillion dollars Tuesday, an increase of more than 5 trillion dollars compared with the level when Obama took office in 2009.

U.S. House Speaker John Boehner called the news "another sad reminder" of Obama's broken promise to cut government spending.

"Instead of working in a bipartisan way to fulfill his promise, the president went on a 'stimulus'-fueled spending binge that stuck every American man, woman and child with a 50,000 dollars share of this 16 trillion dollars national debt," Boehner said in a statement.

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