$16,000,000,000. Sixteen Trillion dollars. Mainly because it costs money in order to actually invest in an economy. Obama has failed to chop the debt in half like stated, but succeeded in running the economy upwards, which will eventually pay off the debt.
Bush had bought plans we're forced to pay for, and was bought already into nine trillion dollars of debt when Obama came in.
In his first term the Debt increased by 6.9% and in the second term it incereased by 11.7%
the national debt was something used to create national debt
W Bush inherited a National Debt of $5.8 Trillion dollars. By the end of his time in office it had more than doubled to $11.9T.
What was the national debt in 2003?
$350,000,000 in national debt
The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.
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.
The national debt of this country is ridiculous.
the costs of running a war
subordinated term debt
During Roosevelt's first term in office, the nation's national debt reached a new high. Franklin D. Roosevelt was America's 32nd President.
He wanted to cut the national debt.