United States Govt's accumulated debts have grown by more than $7 trillion

The United States government's accumulated debts have grown by more than $7 trillion – with a 't' – since Barack Obama became president on January 20, 2009.

The sad milestone was revealed on Thursday July 31,2014 by the U.S. Department of the Treasury on a 'debt to the penny' website that calculates the debt at the end of every business day.

On  Barack Obama's first day in office the debt stood at $10.626 trillion.

On Thursday July 31,2014 it reached $17.687 trillion.