Roll Safe Think About It

Reagan took the deficit from 70 billion to 175 billion.
Bush 41 took it to 300 billion.
Clinton got it to zero.
Bush 43 took it from 0 to 1.2 trillion.
Obama halved it to 600 billion.
Trump’s got it back to a trillion.

Thanks for proving that you don't know the difference between the deficit and the debt. BHO doubled the US National Debt from 10 Trillion Dollars to 20 Trillion Dollars all by himself.

And Reagan tripled the debt. What's your point?

Republican's over the last 60yrs have consistently buried us in debt and deficits, twice that of Dems.

You can't have higher debt without deficits.

Why exactly did Obama double the debt? Couldn't be the fact that he began his term with a country on the verge of complete collapse?

Actually, Obama added closer to 9 Trillion dollars to the debt that was at 12 Trillion after Bush. Trump has contributed at least 6 Trillion in Debt in his first term while he claims to add an additional 9 Trillion in his second term. In the last 30 years, only Clinton had managed to add less than 1.5 Trillion dollars in debt. The surest way to avoid default is to prevent budget deficits that lead to debt. The federal government must raise revenue through taxes or cut spending. But because Obama raised the debt to more than 100 percent of gross domestic product after 2011, it will be difficult for any future President to cut spending enough to reduce the debt without the risk of default. And who refuses to to raise the revenue through taxes? Republicans. True, they are both to blame and while the Democrats are incredibly unpopular with their solutions, they are, unfortunately, better than what the Republican option appears to be which is to increase spending until eventually the country defaults on it's debt and then blame the Democrats for it.

What planet do you live on. The debt was 20T when DJT came in and it's 23 now; it was 10T when GWB left office. Republicans are no angels but all Democrats do is spend money and then raise taxes to spend more money. Get your facts straight.

Excuse me, I am wrong. Trump is PROJECTED to contribute at least 5 Trillion, not 6 Trillion. My bad. I did not dispute that the Debt was 20 Trillion. 9 Trillion and 12 Trillion would place it at 21 Trillion after Obama had left. Which I think you won't disagree with that correction since it adds 1 Trillion more to the overall debt under Obama.

Since Trump took office, the debt has raised 1.9 Trillion, which puts the Debt at about 23 Trillion as you so correctly said.

The current projection for 2019-2021 is as follows:

FY 2019 - $1.314 trillion.
FY 2020 - $1.281 trillion.
FY 2021 - $1.276 trillion.

This would put the debt at an additional 3.9 Trillion dollars. Which is a total of 5.8 Trillion, rounding it to 6 Trillion. However, the 2017 Fiscal Year still counts under Obama's increase of National Debt, so that would be 5.2 Trillion total for Trump. It would be inaccurate to call that 6 Trillion. Yet.

Facts now straight? Because I don't understand exactly what the Republican plan is to prevent the National Debt from defaulting without raising taxes.

Their plan is trickle down economics. The same tried and failed plan they've been using since Reagan tried it and tripled the debt. Reduce taxes and pay for it with increased revenue seen through greater expansion. The only problem is that is has never worked and has never paid for itself. Even Reagan finally increased taxes to try to bring his house back in order.

Correct! Which increases spending and the debt rather than reverses it.

Numbnut, Trump is spending money like water!

It's not the left overspending, it's the right. Trump has tripled the deficit from Obama's numbers.

I know the difference between debt and deficit. Yes, Obama racked up the debt. He ended office with 400 billion deficit. Trumps current year is going to be over 1 trillion.

It's math. Pretty simple. You keep spending money and cut the proceeds you take in, you create greater yearly deficit and greater overall debt.

Neither party is spending our money. WE'RE SPENDING OUR MONEY!! Half of American's have their hands out and are receiving some kind of handout. No one wants to have higher taxes to pay for the roads we drive on the infrastructure we all need so they are crumbling before our eyes. Everyone screams when anyone suggests things are going to cost more but no one wants to cut their own personal benefit they are getting as a handout.

https://usdebtclock.org/