Bush left us with a $10.6 Trillion debt which is actually $15.6 Trillion in spending since he started out with a $5 Trillion surplus.
Republicans have always been the big government spenders.
10.6 is actually 15.6? Is this the new Core Curriculum math?
Bush left office with the debt at 10T. Obama still has 2 years to go and it's already 18T. Facts are just not kind to Democrats.
I'd love to see where you got your numbers Rabbi.
According to the US Treasury
On October 1st 2001, which is the first day of GWB's first fiscal year the debt stood at-
5,806,151,389,190.21
Om October 1st 2009, which is the first day of Obama's first fiscal budget the debt was at-11,909,829,003,511.75
Debt to the Penny Daily History Search Application
Not to be ignored, there was the Obama stimulus of $792 billion that was legislated in early 2009. The stimulus was to be dispersed over a set number of years and only what was spent goes against each fiscal year. According to the legislation 24% of the stimulus was too be spent during Bush's last fiscal year. So it would be fair not to count the ARRA money spent during Bush's last fiscal year against Bush. 24% of $792 billion is 190.080 billion dollars that should be deducted from Bush's total, which brings Bush's total debt down to $5.913.598 trillion. So under W, the National Debt basically doubled.
Somebody brought up some kind of fiscal surplus, there was never anything close to any kind of surplus.
Below is a chart of how much of the stimulus was to be spent according to the legislation.
How Much of the Stimulus Money has Already Been Spent Rutledge Capital
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