U.S. Government Printing Office: Production & Distribution of FY 2011 Federal Budget
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The debt when George W. Bush took office was $5.727 Trillion when he left it was $10.627. The debt/GDP increased by 27.1% in eight years of office (It was 83.4% when he left office).
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Obama claims that his spending is reasonable better than Reagan. He proposed 3.7 Trillion with a deficit of 1.4 Trillion for 2011. Currently based on debtclock org, the debt/GDP is 97.2%. Obama in two years of office increased the debt/GDP by 13.8%.
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Allen West 2012
Fashionificationful 1 year ago