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How many times was the debt ceiling raised under reagen?
The National Debt Ceiling was raised 18 times while Reagan was president.
How many times has the debt ceiling been raised since the inception of the debt ceiling?
102 times
What president raised the debt ceiling most?
The President cannot raise the debt ceiling. It is set by Congress.
How many time has president reagon raise the debt ceiling?
The debt ceiling has been raised 90 times since 1939 (including August 2011). Reagan holds the record - 18 times.
When was the debt ceiling last raised?
At the time of this writing (July, 2011), the most recent increase in the U.S. debt ceiling (to $14.3 trillion) was passed by Congress and signed into law on February 12, 2010.
How many times has Obama raised the national debt ceiling?
The President cannot raise the debt ceiling. Only Congress can do that.
How many times did Ronald Reagan increase the debt ceiling?
Reagan raised the dept ceiling 18 times.
How many times was the debt ceiling raised when Bill Clinton was in office?
Eight times
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."
What does monetization of the debt mean?
It means that money is printed and injected into the banking system such that more funds are available to pay down the national debt (potentially speaking). Even so, the overall debt ceiling usually needs to be raised - when the economy is in a downturn. The current debt ceiling is at 13 trillion plus dollars - and by January, 2011, will need to be raised (by the Congress) to 14 trillion plus dollars, in order that the U.S. not enter into default on its debt obligations (because this would cause a worldwide economic collapse - no exaggeraton here).
What years did George W. Bush raise the debt ceiling?
The debt ceiling was raised in 2002 to $6.4 trillion, in 2003 to $7.384 trillion, in 2004 to $8.184 trillion, in 2006 to $8.965 trillion and in 2007 to $9.815 trillion. Bush was President during these years, but you must know the President can not raise the debt ceiling- only Congress can do that.
How many time has congress raised he debt ceiling under Obama?
First, it should be noted that the debt ceiling has been repeatedly raised over the past four decades. Under President Reagan, for example, it was raised as much as 17 times. Under both President George H.W. Bush and President Clinton, it was raised four times. Under President George W. Bush, it was raised seven times. And so far, under President Obama, it has been raised on four occasions.
