Saturday, June 16, 2007

President Bush And The National Debt

On the day President Bush took office, the National Debt stood at $5.7 trillion dollars. Six and a half years later, the National Debt is $8.8 trillion –- an increase of $3.1 trillion dollars since January 20, 2001. That amounts to a jump of 54% during Mr. Bush's watch. The National Debt has gone up more on his watch than under any other president.

The National Debt costs taxpayers $247.3 billion in interest payments. If you wanted to pay it off, dividing it equally among the U.S. population (estimated by the U.S. Census Bureau to be 302,103,675), it would come to $29,245.82 for every man, woman and child


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