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PolitiFact New Jersey: Lance says national debt has increased $3.4 trillion since Obama's been president

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The national debt has grown $3.4 trillion during the 29 months that Barack Obama has been president, according to U.S. Rep. Leonard Lance (R-7th Dist.). Lance is right, but should the president shoulder all the blame for it? PolitiFact New Jersey spoke with a number of policy experts of varying political backgrounds and all say that while Obama's policies...

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The national debt has grown $3.4 trillion during the 29 months that Barack Obama has been president, according to U.S. Rep. Leonard Lance (R-7th Dist.).

Lance is right, but should the president shoulder all the blame for it?

PolitiFact New Jersey spoke with a number of policy experts of varying political backgrounds and all say that while Obama's policies are partly to blame, the president isn't responsible for the entire increase.

Read our Half True ruling on Lance's statement at PolitiFactNJ.com, and then join the conversation on it here at NJ.com.

Congressman-Leonard-Lance-Ledger.JPGCongressman Leonard Lance faces The Star-Ledger's Truth-O-Meter.... and gets a mixed ranking.

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