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Debt Limit Increases the Most Under President Obama

Created on January 28, 2014

Debt Limit Increases the Most Under President Obama

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GROWTH IN DEBT LIMIT BY ADMINISTRATION, IN TRILLIONS OF DOLLARS

President Obama, after less than five years in office, has already increased the debt limit by more than any other President in U.S. history, including President George W. Bush over eight years in office. By the end of Obama's term, the debt limit would top $18.3 trillion, increasing by another $1.2 trillion from today's level, without fiscal restraint.

Keywords: Obama, Bush, Clinton, Bush, Reagan, Carter, Ford

Source: Historical data from the Office of Management and Budget and projections from the Congressional Budget Office.

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