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$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.
What else can I help you with?
Which term describes the amount of money the nation owes?
Debt
What was the national debt during the George W Bush years?
In his first term the Debt increased by 6.9% and in the second term it incereased by 11.7%
What was the national debt in 1791?
the national debt was something used to create national debt
What was the national debt at the end of bush term?
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 term describes the amount of money a nation owes?
The term that describes the amount of money a nation owes is "national debt." This debt is the total of all outstanding loans and financial obligations incurred by the government, typically resulting from borrowing to finance budget deficits. National debt can include both public debt, which is owed to external creditors, and intragovernmental debt, which is owed to various government agencies.
National debt in 2003?
What was the national debt in 2003?
What is the amount national debt in Peru?
$350,000,000 in national debt
What is the US national debt?
The US National Debt is nearly $16,963,703,000, or 16.9 trillion dollars.
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.
What is a sentence for the word national debt?
The national debt of this country is ridiculous.
Which of the following is not a reason the national debt rose during Ronald Reagan’s term as President?
the costs of running a war
What reached a new high during Roosevelts first term as president?
During Roosevelt's first term in office, the nation's national debt reached a new high. Franklin D. Roosevelt was America's 32nd President.
