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The USA debt and Deficit History
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To Date: 07/28/2008 |
Current Debt: |
$ 9,537,495,474,288.77 |
$ 9537 Billion |
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Total
Added to Debt by George W. Bush (Rep): |
$ 3,866,935,571,995.66
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$ 3866 Billion |
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Date From - To |
Total Added to Deficit |
Biggest Contributor to Debt |
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6/1/2001 - 7/28/2008 |
$ 3,866,935,571,995.66
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George W. Bush (Republican) |
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The Year: Date From - To |
Total Added for That Year |
Political Leader and Party |
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11/2/1994 - 11/2/1995 |
$ 252,231,548,660.07
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Bill Clinton (Democrat) |
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11/2/1995 - 11/2/1996 |
$ 262,875,456,321.25
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Bill Clinton (Democrat) |
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11/2/1996 - 11/2/1997 |
$ 181,610,986,096.06
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Bill Clinton (Democrat) |
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11/2/1997 - 11/2/1998 |
$ 111,958,494,913.11
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Bill Clinton (Democrat) |
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11/2/1998 - 11/2/1999 |
$ 129,371,746,986.71
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Bill Clinton (Democrat) |
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11/2/1999 - 11/2/2000 |
$ 23,316,325,043.41
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Bill Clinton (Democrat) |
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11/2/2000 - 11/2/2001 |
$ 115,007,559,800.39
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George W. Bush (Republican) |
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11/2/2001 - 11/2/2002 |
$ 451,488,026,666.04
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George W. Bush (Republican) |
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11/2/2002 - 11/2/2003 |
$ 596,988,225,314.70
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George W. Bush (Republican) |
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11/2/2003 - 11/2/2004 |
$ 574,373,324,147.24
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George W. Bush (Republican) |
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11/2/2004 - 11/2/2005 |
$ 591,898,481,179.93
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George W. Bush (Republican) |
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11/2/2005 - 11/2/2006 |
$ 572,179,354,535.86
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George W. Bush (Republican) |
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11/2/2006 - 11/2/2007 |
$ 485,163,563,684.07
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George W. Bush (Republican) |
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11/2/2007 - To Date |
$ 458,671,603,770.03
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George W. Bush (Republican) |
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Bill Clinton last year and George W. Bush first 8 mths before tax cuts. Period (11/2/1999 - 6/1/2001) |
$ 2,150,892,146.61
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$ 2 Billion |
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Bill Clinton last year and George W. Bush first 8 mths before tax cuts. Period (11/2/1999 - 6/4/2001) |
$ 372,828,521.60
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$ 372 Million |
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This makes the
Bill Clinton
Administrations
claim that the deficit had been balanced in their last year and before
the George Bush tax cuts.
(less then $1 Billion for
20 months) |
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Description of Time Period |
Total Added (numbers) |
Total Added (currency) |
Monthly Average |
Yearly Average |
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Bill Clinton (Democrat) Total added for last year in office. Period
(11/2/1999 - 11/2/2000) |
23,316,325,043.41 |
$ 23,316,325,043.41
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$ 1,943,027,086.95
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$ 23,316,325,043.41
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George Bush (Republican) Total added for 7 first months before tax cuts:
Period (11/2/2000 - 6/1/20001) |
-21,165,432,896.80 |
$ (21,165,432,896.80) |
$ (3,023,633,270.97) |
$ (36,283,599,251.66) |
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George Bush (Republican) Total added (6/1/2001 - 3/19/2003) for 21.65
month period from tax cuts to declaration of war on Iraq: Period
6/1/2001 - 3/19/2003 |
789,973,666,945.80 |
$ 789,973,666,945.80
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$ 36,488,391,082.95
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$ 437,860,692,995.36
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The Total added during the 5 year Iraq war: Period (3/19/2003 -
3/19/2008) |
2,922,598,929,445.29 |
$ 2,922,598,929,445.29
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$ 48,709,982,157.42
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$ 584,519,785,889.06
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Description of Estimate Used |
Tax Cut
Cost |
Iraq War Cost |
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Estimate using Tax Cuts month AVG cost: |
$ 2,979,277,131,922.61
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$ 742,367,874,737.43
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$ 2979 Billion |
$ 742 Billion |
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Estimate using Iraq War monthly AVG cost: |
$ 2,988,349,542,191.56
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$ 733,295,464,468.48
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$ 2988 Billion |
$ 733 Billion |
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$$$