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- #201
As you well know, the budget is based on fiscal years not calendar years. And the yearly budget deficit is the yearly increase in the total debt for each budget, not the public debt.Thanks for that link.
I see Debt Held by the Public went (between 1/31/2001 and 1/31/2009)
from $3.388 Trillion to $6.317 Trillion. An increase of $2.929 Trillion.
I see Total Debt went (between 1/31/2001 and 1/31/2009)
from $5.716 trillion to $10.632 trillion. An increase of $4.916 Trillion.
I see Debt Held by the Public went (between 1/31/2001 and 5/31/2011)
from $6.317 Trillion to $9.723 Trillion. An increase of $3.406 Trillion.
I see Total Debt went (between 1/31/2008 and 5/31/2011)
from $10.632 Trillion to $14.345 Trillion. An increase of $3.713 Trillion.
Looks like Obama's first 28 months have beat Bush's 96 months when you look at Debt Held by the Public.
I'll bet by this time next year, Obama will have beat Bush's 8 year total for Total Debt as well.
So the Obama stimulus package passed on February 17, 2009 should count against Bush, because his budget ran until September 2009?
The Debt Held by the Public numbers and Total Debt numbers I posted are more accurate than adding each years "budget deficit" numbers together. My way takes into account "off-budget" trickery that politicians use. They can't trick us when we add up all the bonds they sell.
What the liberal cannot understand is the way different presidents deal with debt, social security, etc....
GWB did pretty good except his Medicare reform bill
It is way under budget, but it also has no real funding as was planned
it is with the 2 wars about all of GWB debt
with Katrina
9-11
creating homeland security
Whats Obama done?
well Iraq is over, thanks to the troops and GWB
UAW?
NEA?
what else?
Obama-care?