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he made 14,000,000,000,000 or 14 trillion dollars!
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∙ 12y ago
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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.
When in the history of the US was there no national debt?
I'm not sure but I know we didn't have Much before George W Bush came into office
What debt did George W. Bush incur during his term as president?
George Walker Bush increased the national debt by $4.9 million dollars. Doubling it during his presidency.
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.
How did bush inherit a 5.8 trillion dollar debt if Clinton left office debt free?
Don't confuse the national debt with the national deficit. The national debt is the accumulated debt carried from year to year. The deficit is the difference between tax revenue and government expenditure in a given year. Clinton was able to get expenditures below revenus while he was in office (known as a budget surplus), but he was not able to eliminate the debt. Clinton inherited a massive debt from GHW Bush (which he inherited from Reagan), and passed an only slightly smaller debt to GW Bush.
Did president obama or bush increase the deficit the most?
In 2001, the national debt Bush inherited was around $5.7T, give or take. When Bush left office in 2009, the debt was nearly $11T. That's an increase of 89 percent. Under Obama, the debt has increased from about $11T to about $15T, about 40 percent. And what's behind that increase? The Bush tax cuts for the 1% and the worst financial crash since the 1930s (Thank you Bush).
What are some helpful hints for to prepare for debt negotiation?
You need to make sure you have all your facts. Know how much debt you are in, how much you owe, the rate of interest and your monthly payments. Then you can negotiate your debt.
How much of money collected in taxes in 2008 was spent?
More than all of it...by a bunch. That is what Deficit Spending is...that the Bush administration did so much of the Govt is now very, very in debt.
How much does George W. Bush make?
400,000 dollars a year
How much is Britain's debt to china?
Enough to make 3 Britain
How much money does Sophia bush make a year?
3.8 million dollars
How much money do the Alaskan bush people make each episode?
30000
