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When Mr. Obama became president in January 2009, the total federal debt stood at $10.6 trillion. This week, it hit $16.7 trillion — an increase of 57 percent. In the same time frame under President George W. Bush, total federal debt rose 38 percent. Mr. Obama is shown here speaking about the budget and the partial government shutdown, Tuesday, Oct. 8, 2013, in the Brady Press Room of the White House in Washington. (AP Photo/Pablo Martinez Monsivais)
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Washington Mayor Vincent Gray, right, and Del. Eleanor Holmes Norton, D-D.C., left, make their way through the crowd after joining Senate Democrats outside the Capitol in Washington, Wednesday, Oct. 9, 2013, to urge House Speaker John Boehner of Ohio, and other House Republicans, to break the impasse on a funding bill and stop the government shutdown that is now in its second week. Gray said in a statement Tuesday that the shutdown, now in its second week, is having dire consequences in his city. He said D.C. is the only city in the country where residents are worried that their local government won't be able to provide basic services during the shutdown. (AP Photo/J. Scott Applewhite)
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House Speaker John Boehner of Ohio arrives on Capitol Hill in Washington, Wednesday, Oct. 9, 2013. President Barack Obama is pressuring Boehner to hold votes to avoid a potentially catastrophic default and re-open the federal government, as a new poll indicated Republicans could pay a political price for Washington's fiscal paralysis. (AP Photo/J. Scott Applewhite)
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**FILE** David Koch, executive vice president of Koch Industries, attends a meeting of the Economic Club of New York on April 11, 2011. (Associated Press)
