0
During which presidents administration was the US completely debt free?
Wiki User
∙ 12y ago
Add your answer:
Earn +20 pts
How many times has the debt ceiling been raised under Bush?
The debt ceiling was raised seven times under the Bush administration (from 2000-2008).From a Sept 2008 CBS story: "Buried deep in the hundred pages of bailout legislation is a provision that would raise the statutory ceiling on the national debt to $11.315 trillion. It'll be the 7th time the debt limit has been raised during this administration. In fact it was just two months ago, on July 30, that President Bush signed the Housing and Economic Recovery Act, which contained a provision raising the debt ceiling to $10.615 trillion."
Which US President increased the most amount of national debt?
Barrak Hussein Obama has added more debt then all other U S Presidents combined
Did the British during seven year war debt?
doubled englands national debt
Have Japan and Germany ever completely recovered from their World War 2 debt?
Yes, Germany has and also, Tokyo, but Tokyo is starting to go back in debt.
During the 8 years of Ronald Reagan presidency the US national debt?
During the eight years of Ronald Reagan's presidency the US national debt experienced a three fold increase. In 1980 the debt stood at 712 Billion and rose to 2, 052 Trillion during his term
What was the national debt during Bush administration?
During the Bush administration, the national debt increased significantly. When George W. Bush took office in January 2001, the national debt was around $5.7 trillion, and by the time he left office in January 2009, it had increased to over $10.6 trillion.
When was Ottoman Public Debt Administration created?
Ottoman Public Debt Administration was created in 1881.
Secretary of Treasurer who cut the national debt by about one third during the Harding Administration?
Andrew W. Mellon
Who is the Secretary of Treasurer who cut the national debt by about one third during the Harding Administration?
andrew mellon andrew mellon
How much debt has Obama created?
The debt has grown about 25% during President Obama's administration, due mainly to the recession, the Bush tax cuts and two wars which Obama inherited.
US debt caused by presidents from 1980 to now equals national debt total now?
No.
Which statement is falseThe national debt dropped significantly during the Reagan years?
The national debt dropped significantly during the Reagan years.
What was presidents Harding and his cabinets primary goals?
reduce the national debt,?
What effect did the national debt have on France?
NOTHING the national debt was completely irrelevant.
Did Clinton help get out of debt?
I am not sure what you want to know. There was one 12-month period during Clinton's administration in which the US government took in more money than it spent. I do not believe that the surplus was used to pay down the national debt.
Did Clinton ever attain zero debt?
Yes, the United States had a surplus under Clinton. No -- the answer above confuses the "debt" with "annual deficit." Yes, Clinton ran an annual budget surplus during certain years of his administration, but no, he did not attain "zero debt." That term refers to the accumulated debt of the U. S. since the 18th century, and Clinton added somewhere between $1.6 trillion and $2 trillion to the debt between 1992 and 2000. For comparative purposes, during the 12 years of the Reagan and first Bush administrations, about $3.2 trillion was added to the debt, and during the 8 years of the George W. Bush administration, about $4.4 trillion was added. -Tedwin223 Improved answer. Actually Bill Clinton gave us a Surplus, giving us SPENDING MONEY! When Bush came into office we plunged into debt and got a trillion dollar deficit.
Is the economy in a mess?
Completely, we are completely in debt to china and our government continues to send our tax dollars to things that can be dealt with after our debt is paid off. All the debt that we leave behind will be left to our children, leaving them no future.
