Nation's Debt Ceiling Raised 7 Times While Bush......

[LilOlLady]

July 11th, 2011 2:34 pm EST

Nation's Debt Ceiling Was Raised 7 Times While George W. Bush Occupied the White House



In terms of George W. Bush, the nation's debt limit was raised 7 times during his time in office (Bush was President from January 20th, 2001 to January 20th, 2009)
Here are the increases that were signed into law during his time as President of the United States:

P.L. 107-199
June 28th, 2002
New Limit: $6.4 trillion
Increase in Limit: $450 billion

P.L. 108-24
May 27th, 2003
New Limit: $7.384 trillion
Increase in Limit: $984 billion

P.L. 108-415
November 19th, 2004
New Limit: $8.184 trillion
Increase in Limit: $800 billion

P.L. 109-182
March 20th, 2006
New Limit: $8.965 trillion
Increase in Limit: $781 billion

P.L. 110-91
September 29th, 2007
New Limit: $9.815 trillion
Increase in Limit: $850 billion

P.L. 110-289
July 30th, 2008
New Limit: $10.615 trillion
Increase in Limit: $800 billion

P.L. 110-343
October 3rd, 2008
New Limit: $11.315 trillion
Increase in Limit: $700 billion

--

In case you were wondering, the nation's debt ceiling has been raised three times (with a fourth coming soon) under President Obama.
How Many Times Was The Debt Ceiling Raised While George W. Bush Was In Office?

 

[rightwinger]

That was when debt did not matter to Republicans

 

[CrusaderFrank]

July 11th, 2011 2:34 pm EST

Nation's Debt Ceiling Was Raised 7 Times While George W. Bush Occupied the White House



In terms of George W. Bush, the nation's debt limit was raised 7 times during his time in office (Bush was President from January 20th, 2001 to January 20th, 2009)
Here are the increases that were signed into law during his time as President of the United States:

P.L. 107-199
June 28th, 2002
New Limit: $6.4 trillion
Increase in Limit: $450 billion

P.L. 108-24
May 27th, 2003
New Limit: $7.384 trillion
Increase in Limit: $984 billion

P.L. 108-415
November 19th, 2004
New Limit: $8.184 trillion
Increase in Limit: $800 billion

P.L. 109-182
March 20th, 2006
New Limit: $8.965 trillion
Increase in Limit: $781 billion

P.L. 110-91
September 29th, 2007
New Limit: $9.815 trillion
Increase in Limit: $850 billion

P.L. 110-289
July 30th, 2008
New Limit: $10.615 trillion
Increase in Limit: $800 billion

P.L. 110-343
October 3rd, 2008
New Limit: $11.315 trillion
Increase in Limit: $700 billion

--

In case you were wondering, the nation's debt ceiling has been raised three times (with a fourth coming soon) under President Obama.
How Many Times Was The Debt Ceiling Raised While George W. Bush Was In Office?

"The fact that we are here today to debate raising America's debt limit is a sign of leadership failure. ... It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government's reckless fiscal policies." -- Barack Hussein “Shovel-ready was not as … uh .. shovel-ready as we expected (laughs)" Failed Leader Obama

 

[rightwinger]

Frank....you forgot to mention 57 States

 

[CrusaderFrank]

Frank....you forgot to mention 57 States

57 states was a gimme...he's moved well passed that. That just showed how stupid he was, now he's stupid and dangerous

[ame=http://www.youtube.com/watch?v=sVonk_OqEUU]‪Obama Jokes at Jobs Council 'Shovel-Ready Was Not as Shovel-Ready as We Expected' - President Obama‬‏ - YouTube[/ame]

 

[iamwhatiseem]

Booooosh racked up about $6 tril in 8 years...or about $63 billion a month.
Obama has racked up soon to be $4 tril in 2 1/2 years...or about $133 billion a month.

At this rate, Obama will add not $6 tril...but almost $13 trillion.

 

[CrusaderFrank]

Booooosh racked up about $6 tril in 8 years...or about $63 billion a month.
Obama has racked up soon to be $4 tril in 2 1/2 years...or about $133 billion a month.

At this rate, Obama will add not $6 tril...but almost $13 trillion.

And Dems keep snorting Hope Change straight out of the can

 

[peach174]

July 11th, 2011 2:34 pm EST

Nation's Debt Ceiling Was Raised 7 Times While George W. Bush Occupied the White House



In terms of George W. Bush, the nation's debt limit was raised 7 times during his time in office (Bush was President from January 20th, 2001 to January 20th, 2009)
Here are the increases that were signed into law during his time as President of the United States:

P.L. 107-199
June 28th, 2002
New Limit: $6.4 trillion
Increase in Limit: $450 billion

P.L. 108-24
May 27th, 2003
New Limit: $7.384 trillion
Increase in Limit: $984 billion

P.L. 108-415
November 19th, 2004
New Limit: $8.184 trillion
Increase in Limit: $800 billion

P.L. 109-182
March 20th, 2006
New Limit: $8.965 trillion
Increase in Limit: $781 billion

P.L. 110-91
September 29th, 2007
New Limit: $9.815 trillion
Increase in Limit: $850 billion

P.L. 110-289
July 30th, 2008
New Limit: $10.615 trillion
Increase in Limit: $800 billion

P.L. 110-343
October 3rd, 2008
New Limit: $11.315 trillion
Increase in Limit: $700 billion

--

In case you were wondering, the nation's debt ceiling has been raised three times (with a fourth coming soon) under President Obama.
How Many Times Was The Debt Ceiling Raised While George W. Bush Was In Office?

Both are to blame.
In 2006 the Dems took over congress and raised it in 2006,2007,and twice in 2008.

 

[iamwhatiseem]

This country is, and will remain FUBAR as long as the Kool Aid drinkers on both sides spend all of their time pointing fingers at each other.
What mice we are.

 

[Oddball]

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure....It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

 

[iamwhatiseem]

“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure....It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. … Leadership means that ‘the buck stops here.’ Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt and a failure of leadership. Americans deserve better. I therefore intend to oppose the effort to increase America’s debt limit.”

Be careful - you might upset the Obama worshipers...you know...like waking someone up while they are sleep walking...this could be dangerous.

They might go mindless....it could be like an zombie apocalypse!

 

[ShackledNation]

So Obama is doing what Bush did, and that is good because...?

Thankfully conservatives are finally realizing debt is not a good thing. I say better late than never. I only hope liberals will wake up soon too.

 

[Dr.House]

Obama Fluffers only recall the parts of the past that support their fluffee...