The national debt was about $5.77 trillion when GWB took office in 2001.
This question is much too vague, and doesn't specify which president. If speaking of the current president Barack Obama, he was a senator from Illinois before he became President.
You have to pay off your debt before you can invest! Or you can't invest as much because of the debt.
The son of William Howard Taft, Robert Taft ,was an influential Senator and much considered as a presidential candidate. John Quincy Adams , son of John, was also a Senator before he became president.
It would depend on the person as to how much debt one would have to have before filing for bankruptcy. Some people can have more debt than others and be ok with it, while others would feel the need to file.
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Dolley Madison was the wife to James Madison, and did much to define the First Lady role. She also assisted the widowed Thomas Jefferson, whose wife died before he became president.
id say 20,000 or higher.
Lincoln. When he died he was 40,000 in debt. Not much today, but a lot in his time.
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.
King George didn't do much before he became famous he because king at an early age
Purpose to report is to show that how much portion of long term debt will be paid or payable in current accounting year that's why that portion became current liability and not long term liability.
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