WebDec 23, 2015 · The nation owed $10.6 trillion on Jan. 20, 2009, when he was sworn in, and has added another $5.4 trillion since – more than Bush piled up in two terms. "Instead of working in a bipartisan way to... WebMar 13, 2013 · On July 3, 2008 -- the day before Independence Day -- Barack Obama said that adding $4 trillion in debt was irresponsible and "unpatriotic. Obama: The problem is, is that the way Bush has done it ...
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WebNov 8, 2024 · The US national debt in 2008 was $10 trillion and has more than doubled since. Note that the US government’s fiscal year ends in September. (Statista) 2. In September 2024, the total US national debt hit $30.9 trillion. The main reason for the growth of US debt over the years has been the spending on new governmental … WebAug 14, 2024 · When George W. Bush occupied the White House, the national debt rose 34.7% in his first term and 43.1% in his second. Republicans controlled Congress in all but his final two years. Under... how fast does a m16 bullet travel mph
How the U.S. Government Amassed $31 Trillion in Debt
WebOur federal budget will run a deficit of more than $1 trillion this year, and the national debt exceeds $23 trillion. Worse yet, our deficits and debt are projected to increase year after year, as far as the eye can see. America’s fiscal outlook is the definition of unsustainable. While many Americans may not personally feel the effects of ... WebApr 5, 2024 · The national debt was at $28.4 trillion when fiscal year 2024 began on Oct. 1, 2024. On Feb. 14, 2024, the debt hit $30 trillion for the first time. 2 Budget deficits add to … WebThe President's budget for 2008 totals $2.9 trillion. Percentages in parentheses indicate percentage change compared to 2007. This budget request is broken down by the … how fast does a mclaren senna go