Dave Manuel Logo
Friday, August 22, 2014
Click Here to Subscribe to My Free Newsletter

DaveManuel.com BLOG POSTS
FRONT PAGE
ABOUT
SEARCH
CONTACT ME
SPECIAL FEATURES
ARTICLE ARCHIVE
BLOG POSTS
DICTIONARY
POL. NET WORTH
OTHER NET WORTH
U.S. DEBT CLOCK
NEWSLETTERS
DEALS
U.S. UNEMPLOYMENT
NEWSLETTER
INTERNATIONAL
ADVERTISE
ARTICLE FEED
BLOG FEED



July 11th, 2011 2:34 pm EST - By

Nation's Debt Ceiling Was Raised 7 Times While George W. Bush Occupied the White House




One of the most common questions that I have emailed to me is - how many times was the debt ceiling raised while George W. Bush occupied the White House?

To start, it's important to realize that both Republican and Democratic presidents have signed off on raising the nation's debt limit. Congress has enacted "74 separate measures that have altered the limit on federal debt" since March of 1962.

As the nation's debt load has surged from $1 trillion to $10 trillion to its current level of $14.3 trillion, the debt ceiling limit has also been raised accordingly.

--

George Bush raising the debt ceiling - IllustrationIn terms of George W. Bush, the nation's debt limit was raised 7 times during his time in office (Bush was President from January 20th, 2001 to January 20th, 2009).

Here are the increases that were signed into law during his time as President of the United States:

P.L. 107-199
June 28th, 2002
New Limit: $6.4 trillion
Increase in Limit: $450 billion

P.L. 108-24
May 27th, 2003
New Limit: $7.384 trillion
Increase in Limit: $984 billion

P.L. 108-415
November 19th, 2004
New Limit: $8.184 trillion
Increase in Limit: $800 billion

P.L. 109-182
March 20th, 2006
New Limit: $8.965 trillion
Increase in Limit: $781 billion

P.L. 110-91
September 29th, 2007
New Limit: $9.815 trillion
Increase in Limit: $850 billion

P.L. 110-289
July 30th, 2008
New Limit: $10.615 trillion
Increase in Limit: $800 billion

P.L. 110-343
October 3rd, 2008
New Limit: $11.315 trillion
Increase in Limit: $700 billion

--

In case you were wondering, the nation's debt ceiling has been raised three times (with a fourth coming soon) under President Obama.

Source: FAS.org - The Debt Limit: History and Recent Increases (*.pdf)




Most Recent Articles
Los Angeles Clippers - Team Logo
Posted on: 2014-08-19 18:32:00
Steve Ballmer Looking To Resurrect His Image as New Owner of Los Angeles Clippers
Stock Market Rise - Question Mark - Composite - Illustration
Posted on: 2014-08-17 20:32:00
Gallup: 52% of Americans Believe That Now is a Good Time To Invest in Financial Markets
Berkshire Hathaway Logo - Small Size
Posted on: 2014-08-14 21:55:00
Berkshire Hathaway Tops $200,000/Share For The First Time
King Digital Entertainment plc - Logo
Posted on: 2014-08-12 17:38:00
Maker of "Candy Crush Saga" Crushed After Q2 Earnings Report
Hemp Leaf - Illustration
Posted on: 2014-08-10 18:51:00
SEC Nabs Four For Manipulation of Medical Marijuana Stocks






Twitter

410



BLOG POSTINGS

Las Vegas: Democrats Currently The Favorites To Win in 2016

Los Angeles Clippers Likely To Fetch $1 Billion+ in Sale

Mark Cuban Not Sweating His Lack of Involvement in Box IPO

Vince McMahon a Billionaire Once Again

Parsing Obama's 2014 State of the Union Address

NHL Franchise Values Continue To Soar

Twitter To Trade Under TWTR Symbol

Shares of Tesla Drop on Downgrade, Car Fire

More Problems Arise For JC Penney

AMC Networks Basks In Glow of "Breaking Bad" Finale



POLITICAL NET WORTH

Ted Cruz Net Worth

Marco Rubio Net Worth

Hillary Clinton Net Worth

John Boehner Net Worth

Paul Ryan Net Worth

Rick Santorum Net Worth

Newt Gingrich Net Worth

Mitt Romney Net Worth

Ron Paul Net Worth

Joe Biden Net Worth



OTHER NET WORTH

Lionel Messi Net Worth

Rand Paul Net Worth

Dr. Dre Net Worth

Wayne Rooney Net Worth

Johnny Manziel Net Worth

Stephanie McMahon Net Worth

Satya Nadella Net Worth

Paul Allen Net Worth

Adam Silver Net Worth

Peyton Manning Net Worth

Jay-Z Net Worth

Winklevoss Twins Net Worth

Chris Christie Net Worth

Adrian Peterson Net Worth



MOST RECENT DICTIONARY ENTRIES

Downtrend

Battlebus

Ballot Box

Market Timer

Annex

Cold Storage

Asset Allocation

Surge Pricing

Vault Cash

Hot Wallet




CREDIT CARDS AND OTHER SERVICES

The Top Three Online Stock Brokers In Canada

The Top Two Forex Brokers in Canada

PersonalLoans.com Review

Economist GMAT Tutor Review

MyHosting.com Promo Code

Media Temple Special Offer Code

Etoro - Tap Into The Power of the World's Largest Social Investment Network

Certified Hosting Promo Code

Yahoo! Web Hosting Coupon Code

Hostpapa Coupon Code

Hostgator Coupon Code

Fatcow Discount Coupon Code




SPECIAL FEATURES

United States Debt Clock

Where Did The DJIA/NASDAQ/S&P 500 Trade On..

Historical GDP Numbers for the United States

Historical Spending Increases

US Government Spending Breakdown 1962-2015

History of Deficits and Surpluses in the U.S.

History of Debt In The United States

Historical Gold Prices

Largest Foreign Holders of US Debt

Inflation Calculator

What Did It Cost?

Hedge Fund Filings

Historical Unemployment Rates in the United States

Historical State Unemployment Rates

Canada Debt Clock

A History of Bank Failures in the United States

Dow Jones Historical Data

Nasdaq Historical Data

S&P 500 Historical Data

Compound Interest Calculator

Median Household Income History

House of Representatives History

Historical Unemployment Rates in Canada

UK Debt Clock

Intragovernmental Holdings

Historical Fed Funds Rate

Historical Bitcoin Prices

Financial Twitter Alerts




ARTICLE ARCHIVES

Blog Posts

Company Reviews

Daytrading

General Knowledge

General Market News

Health + Fitness

Hedge Fund News

Internet Companies

Making Money Online

Motivational

Online Forex Trading

Real Estate News

Stock Market Education

Stock Market Scandals

The Economic Meltdown

Trader Profiles



DaveManuel.com - Copyright 2014, All Rights Reserved | Advertise | Privacy Policy | Disclaimer