Bush has borrowed more than all previous 42 Presidents. Combined.

Posted on August 16th, 2007 by pete

According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion.

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One Response to “Bush has borrowed more than all previous 42 Presidents. Combined.”

  1. Jeff Benjamin, on August 16th, 2007 at 9:08 pm Said:

    This is a fact from early 2005. After this was published, the deficit for FY 2005 was an additional $760 billion.

    Too bad everyone didn’t get the real facts when this was highlighted on Digg today. The number is closer to $2.8 trillion now, almost 3 times the combined debt prior to year 2000.

    http://www.treasurydirect.gov/govt/reports/pd/feddebt/feddebt.htm

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