Saturday, November 05, 2005

We're No. 1, We're No. 1....

Washington, D.C. - President George W. Bush and the current Administration have now borrowed more money from foreign governments and banks than the previous 42 U.S. presidents combined.

Throughout the first 224 years (1776-2000) of our nation's history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions according to the U.S. Treasury Department. In the past four years alone (2001-2005), the Bush Administration has borrowed a staggering $1.05 trillion.

You da man, George.


Blogger Iwanski said...

The media usually loves tragedy. The deficit is a truly horrific story almost no one talks about.

4:13 PM  

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