Barrak Hussein Obama has added more debt then all other U S Presidents combined
Yes, several times. Most recently, President Clinton was able to balance the budget in his administration, despite having inherited a deficit from President George H.W. Bush. It was not several times and Clinton didn't do it. In fact the national debt was $5,727,776,738,304.64 when Clinton left office. Clinton left office with about a $1.5 trillion increase to the national debt. The only time the national debt has been paid off was in 1835 under President Andrew Jackson.
The President cannot raise the debt ceiling. It is set by Congress.
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Most likely the United States with our multi-trillion dollar national debt.
The United States and Japan. they hold most of the national debt. right now, but I believe that China is getting up there.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
The National Debt is the money owed by the US government to the Federal Reserve for printing money. Most of the money that is spent is spent on military and welfare. To see current statistics on the National Debt, see the Related Links to see the National Debt Clock keeping track of the debt in our country.
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).
I know factually who holds our biggest debt; that would be China
It depends on what country you are referring to. Here are the top 6 countries that have the most external debt in US dollars. There are other countries that have a higher debt to GDP ratio though. The U.S. currently has a national debt around 17.5 trillion dollars. The United Kingdom has a national debt of around 10.1 trillion dollars. Germany has a national debt of around 5.7 trillion dollars. France has a national debt of around 5.3 trillion dollars. Japan has a national debt of around 3 trillion dollars. China has a national debt around 3 trillion dollars.
He streamlined the bureaucracy and increased the sales of federal land. -Novanet