"Under Obama’s proposal, federal spending will rise from $3.8 trillion in 2013 to $5.8 trillion in 2022, an increase of 53 percent. He plans to spend a total of $47 trillion over the next decade, adding a cumulative $6.7 trillion to the federal budget deficit. If enacted, the White House plan would increase the debt held by the public—the amount owed by American taxpayers—from $12.6 trillion to $19.4 trillion over that same period, a 54 percent increase. As a share of GDP, the public debt is projected to increase from 74.2 percent to 76.5 percent by the end of the 10-year budget window."