During Ronald Reagan's presidency from 1981 to 1989, the U.S. national debt increased significantly, with much of the borrowing attributed to various factors, including tax cuts and increased military spending. By the end of his administration, the national debt had more than doubled, partly due to borrowing from foreign countries, including China. However, specific figures detailing how much was borrowed directly from China during Reagan's presidency can be challenging to pinpoint, as foreign debt accumulations are often reported collectively rather than by individual country.
I asked the question to get an answer, not give one!
The romans
from china
China.
According to CNN its $10 billion a month. That is $120 billion a year. Sharon Vining
30
Because the people in power are stupid.
Chinese food 😏
Reagan's brother was born September 16,1908. Ronald Reagan was born
Depends on how much you borrow from it.
Nobody decides how much money the government has to borrow. When the government wants to borrow money it has to issue or create debt with the US Treasury.
I have not read that Bush ever borrowed money from China. Of course, the US government regularly borrows from China by selling bonds to the highest bidders. China can and does buy US bonds from time to time.