Who really raised "the debt" of the USA: Answer: Ronald Reagan: (...and this debt is not paid by the wealthy....it's paid by the working stiff Regular Joe....) Voodoo Economics indeed....Amount Each President Added to the Debt per Fiscal Year Since 1960:
Amount Each President Added to the Debt per Fiscal Year Since 1960:
President Barack Obama: Added $5.081 trillion,
a 44% increase to the $11.657 trillion debt level attributable to President Bush at the end of his last budget, FY 2009.
• FY 2013 - $672 billion.
• FY 2012 - $1.276 trillion.
• FY 2011 - $1.229 trillion.
• FY 2010 - $1.652 trillion.
•FY 2009 - $253 billion. (Congress passed the Economic Stimulus Act, which spent $253 billion in FY 2009. This rare occurrence should be added to President Obama's contribution to the debt.)
President George W. Bush: Added $5.849 trillion,
a 101% increase to the $5.8 trillion debt level at the end of Clinton's last budget, FY 2001. • FY 2009 - $1.632 trillion. (Bush's deficit without the impact of the Economic Stimulus Act).
• FY 2008 - $1.017 trillion.
• FY 2007 - $501 billion.
• FY 2006 - $574 billion.
•FY 2005 - $554 billion.
•FY 2004 - $596 billion.
•FY 2003 - $555 billion.
•FY 2002 - $421 billion.
President Bill Clinton: Added $1.396 trillion,
a 32% increase to the $4.4 trillion debt level at the end of Bush's last budget, FY 1993. •FY 2001 - $133 billion.
•FY 2000 - $18 billion.
•FY 1999 - $130 billion.
•FY 1998 - $113 billion.
•FY 1997 - $188 billion.
•FY 1996 - $251 billion.
•FY 1995 - $281 billion.
•FY 1994 - $281 billion.
President George H.W. Bush: Added $1.554 trillion,
a 54% increase to the $2.8 trillion debt level at the end of Reagan's last budget, FY 1989. •FY 1993 - $347 billion.
•FY 1992 - $399 billion.
•FY 1991 - $432 billion.
•FY 1990 - $376 billion.
President
Ronald Reagan : Added $1.86 trillion,
186% increaseto the $998 billion debt level at the end of Carter's last budget, FY 1981. •FY 1989 - $255 billion.
•FY 1988 - $252 billion.
•FY 1987 - $225 billion.
•FY 1986 - $297 billion.
•FY 1985 - $256 billion.
•FY 1984 - $195 billion.
•FY 1983 - $235 billion.
•FY 1982 - $144 billion.
President Jimmy Carter: Added $299 billion,
a 43% increase to the $699 billion debt level at the end of Ford's last budget, FY 1977. •FY 1981 - $90 billion.
•FY 1980 - $81 billion.
•FY 1979 - $55 billion.
•FY 1978 - $73 billion.
President Gerald Ford: Added $224 billion,
a 47% increase to the $475 billion debt level at the end of Nixon's last budget, FY 1974. •FY 1977 - $78 billion.
•FY 1976 - $87 billion.
•FY 1975 - $58 billion.
President Richard Nixon : Added $121 billion,
a 34% increase to the $354 billion debt level at the end of LBJ's last budget, FY 1969. •FY 1974 - $17 billion.
•FY 1973 - $31 billion.
•FY 1972 - $29 billion.
•FY 1971 - $27 billion.
•FY 1970 - $17 billion.
President Lyndon B. Johnson : Added $42 billion,
a 13% increase to the $312 billion debt level at the end of JFK's last budget, FY 1964. •FY 1969 - $6 billion.
•FY 1968 - $21 billion.
•FY 1967 - $6 billion.
•FY 1966 - $3 billion.
•FY 1965 - $6 billion.
President John F. Kennedy : Added $23 billion,
a 8% increase to the $289 billion debt level at the end of Eisenhower's last budget, FY1961. •FY 1964 - $6 billion.
•FY 1963 - $7 billion.
•FY 1962 - $10 billion.
President Dwight Eisenhower: Added $23 billion,
a 9% increase to the $266 billion debt level at the end of Truman's last budget, FY 1953. •FY 1961 - $3 billion.
•FY 1960 - $2 billion.
•FY 1959 - $8 billion.
•FY 1958 - $6 billion.
•FY 1957 - $2 billion surplus.
•FY 1956 - $2 billion surplus.
•FY 1955 - $3 billion.
•FY 1954 - $5 billion.
President Harry Truman: Added $7 billion,
a 3% increase over FDR's debt level of $259 billion at the end of FY 1945. •FY 1953 - $7 billion.
•FY 1952 - $4 billion.
•FY 1951 - $2 billion surplus.
•FY 1950 - $5 billion.
•FY 1949 - slight surplus.
•FY 1948 - $6 billion surplus.
•FY 1947 - $11 billion surplus.
•FY 1946 - $11 billion.
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