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Politics : Politics for Pros- moderated -- Ignore unavailable to you. Want to Upgrade?


To: ManyMoose who wrote (358618)4/10/2010 10:22:53 AM
From: Brumar894 Recommendations  Respond to of 794292
 
Federal debt held by the public, as percent of GDP:

Average from 1960 through 2000: 36.2%

In 2000 (after 6 years of a Republican-controlled Congress): 35.1%

In 2007 (last budget passed by Republican-controlled Congress): 36.9%

In 2008 (first budget passed by Democrat-controlled Congress): 40.8%

In 2009 (first year of Obama's stimulus): 53.0%

Projected for 2016, with Obama's proposals: 79.6%

Projected for 2020, with Obama's proposals: 90%



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