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"Official National Debt"
[not counting off-budget items, future guaranteed expenses such as S.S., civil pensions, military pensions, etc., etc., etc.] Under Bill Clinton. FY Nat. Debt INCREASE from Gov't Interest Paid ($Bil.) previous FY Reported on Nat. Debt ($Bil.) ($Bil.) ($Bil.) 1994 4,692.8 281.3 203.3 296.3 1995 4,974.0 281.2 164.0 332.4 1996 5,224.8 250.8 107.5 344.0 1997 5,413.1 188.3 022.0 355.8 1998 5,526.2 113.1 * +069.2 363.8 1999 5,656.3 130.1 * +125.6 353.5 2000 5,674.2 017.9 * +236.4 362.0 2001 5,807.5 133.3 * +127.3 359.5 Dubya 2002 6,228.2 420.7 157.7 332.5 2003 6,783.2 555.0 375.3 324.6 2004 7,131.1 347.9 only half-way through FY 2004! [3/31/04] (from FY 2003 ending Sept. 30, 2003) Source: "2004 World Almanac," pp. 117-118, and "National Economic Trends" (June 2004; updated via e-mail 6/25/04, p. 17), from The Federal Reserve Bank of St. Louis. Ahh, yes...the Konservative approach...spend like a drunken sailor, but pay no mind about the debts you run up. |
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