thinkprogress.org— The debt was $5.7 trillion when Bush took office; the bailout legislation passed by the Senate last night would raise the debt ceiling further to $11.315 trillion. The Wonk Room has more.
Oct 3, 2008View in Crawl 4
Why is it so many diehard fans of Reagan and Bushes claim to side with Fiscal Conservatism but utterly fail to understand debt vs. deficit, savings vs. surplus?
That's an oversimplification of the issue.If today's bailout happened after Obama takes office mere months from now, would you blame it on the Democratic party if the same people voted in favor of it?
thuktunOct 3, 2008
Why is it so many diehard fans of Reagan and Bushes claim to side with Fiscal Conservatism but utterly fail to understand debt vs. deficit, savings vs. surplus?
aserer511Oct 3, 2008
...f**k.
mugupoOct 3, 2008
When Bush leave the office, he has double out debts....
brad3378Oct 4, 2008
That's an oversimplification of the issue.If today's bailout happened after Obama takes office mere months from now, would you blame it on the Democratic party if the same people voted in favor of it?