0
Andrew Jackson did the best. He paid off the national debt except for a few small current bills. Of course, he had the benefit of funds received from selling government land such as the Louisiana Purchase. Mor recently, Bill Clinton had one 12-month period in which the debt was not increased.
What else can I help you with?
Has the national debt declined before any president left office?
Clinton
Did President Obama budget more money than any other President?
The budget that President Obama submitted will add more to the national debt than the debt created by all previous presidents.
What do you have to do to be able to serve as president?
Nothing look at some presidents in our past. Even our president now, he has spent more than any other president combined. And contributed 1/3 to our national debt.
Who is world debt all owed to?
The debt depends on what country. Ultimately any national debt is owed to the central banking. Private banks.
When can the president convene the National Security Council?
The president can convene the National Security council at any time.
What is public and national debt?
Public debt is the money owed by any one branch of the government. National debt is the money owed by all the branches of government.
Did any president increased the deficit more than Reagan?
Obama has increased the national debt more than any president ever by quite a bit. That pretty much implies increasing the "deficit" more than any president ever, also.Reagan may have been worse on a percentage basis; if I recall properly, the national debt approximately doubled during his tenure, and Obama has "only" increased it by about 1.5x. Of course, he's done it in only one term; if he get elected again, he's well on track to beat Reagan by the time he's done, and in terms of the actual dollar amount, he's already far ahead of Reagan.
What countries has the least debt?
Switzerland and the Vatican
What was the national debt when Obama took office?
Probably less than the debt he inherited when he took office in January 2009. The president says he came into office with a $1.3 trillion deficit and $8 trillion worth of debt over the next decade.
How does national debt affect the world today?
National debt can have several impacts on the world today. Firstly, high levels of national debt can lead to decreased investor confidence and higher borrowing costs for the country, potentially leading to economic instability. Secondly, excessive national debt can limit a government's ability to invest in social programs or infrastructure, which can have negative effects on the wellbeing of its citizens. Lastly, large amounts of national debt can create interdependency between countries, making them vulnerable to financial crises and contagion effects.
Where else can scientific notation be used?
any where you want to use it. national debt about 13 trillion dollars or 1.3 x 1013
What term refers to any liability owed by the US government?
The general classification is "national debt" but there are arcane exceptions in the accounting, since the term "federal debt" often applies only to the debts of the US Treasury.
