Debt When Bush Left Office

George w bush 43 took it from 0 to 1 2 trillion this is in the ballpark.

Debt when bush left office. Bush and during the 2009 fiscal year it created a 1 16 trillion deficit. The latest number from the treasury department shows the national debt now stands at more than 9 849 trillion. On the day president bush took office the national debt stood at 5 727 trillion.

To put that into perspective when president george w. Fy 2009 1 632 trillion. Yes that s george bush ii.

Bush took office our national debt was 5 768 trillion. For bush the debt grew by 20 through the same date and ended up swelling by 36 at the end of fiscal 2008. Added 5 849 trillion a 101 increase from the 5 8 trillion debt at the end of clinton s last budget fy 2001.

Took office 20. Public debt as a share of gdp was at 95 7 percent in 1944 his last full calendar year in office. President obama is the second worst president in this category with public debt at 74 1 percent.

Because during a president s first year in office he doesn t control the debt. By the time bush left office it had nearly doubled to 10 626 trillion. One month after taking office in 2001 with a plan to cut taxes he said he would retire nearly 1 trillion in debt over the next four years.

The largest debt reduction ever achieved by any nation at any time instead the national debt went up by 2 trillion. That figure had swollen to 10 6 trillion by the time he left office an increase of about 4 9 trillion. He inherits his predecessor s budget.