Independent Christian Voice


A crowning achievement: Bush breaks the record

From The Stakeholder:

Washington, D.C. - President George W. Bush and the current Administration have now borrowed more money from foreign governments and banks than the previous 42 U.S. presidents combined.

Throughout the first 224 years (1776-2000) of our nation's history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions according to the U.S. Treasury Department. In the past four years alone (2001-2005), the Bush Administration has borrowed a staggering $1.05 trillion.

Bushies and Republicans must be proud. The "fiscal conservative" party has accomplished in four years what it took all the previous administrations 224 years to achieve. Now that's leaving a lasting legacy.


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