The national debt hit $19.5 trillion for the first time ever this week, a little more than seven months after it hit the $19 trillion mark. The debt clocked in at $19.51 trillion at the end of Wednesday, the Treasury Department reported Thursday afternoon.

Precise debt figures on any given day are released on the following business day. The national debt hit $19 trillion for the first time ever on Jan. 29. When President Obama took office in early 2009, the total debt was $10.63 trillion, which means it has almost doubled under his watch. READ MORE