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  2. 2008 United States federal budget - Wikipedia

    en.wikipedia.org/wiki/2008_United_States_federal...

    The 2008 United States Federal Budget began as a proposal by President George W. Bush to fund government operations for October 1, 2007 – September 30, 2008. The requested budget was submitted to the 110th Congress on February 5, 2007. [1] The government was initially funded through a series of four temporary continuing resolutions.

  3. National debt of the United States - Wikipedia

    en.wikipedia.org/wiki/National_debt_of_the...

    The United States federal government has continuously had a fluctuating public debt since its formation in 1789, except for about a year during 1835–1836, a period in which the nation, during the presidency of Andrew Jackson, completely paid the national debt.

  4. History of the United States public debt - Wikipedia

    en.wikipedia.org/wiki/History_of_the_United...

    According to the Congressional Budget Office, the United States last had a budget surplus during fiscal year 2001, though the national debt still increased. [47] From fiscal years 2001 to 2009, spending increased by 6.5% of gross domestic product (from 18.2% to 24.7%) while taxes declined by 4.7% of GDP (from 19.5% to 14.8%).

  5. National Debt Clock runs out of digits - AOL

    www.aol.com/news/2008-10-09-national-debt-clock...

    In 1980, Seymour Durst began sending holiday cards to senators and representatives reading "Happy New Year. Your share of the national debt is $35,000." A bit of an exaggeration at the time, but ...

  6. United States federal budget - Wikipedia

    en.wikipedia.org/wiki/United_States_federal_budget

    Under 2011 policies, the national debt would increase approximately $10 trillion over the 2012–2021 period, so this $4 trillion avoidance reduces the projected debt increase to $6 trillion. [101] The Center on Budget and Policy Priorities analyzed the plan and compared it to other plans in October 2012.

  7. Financial position of the United States - Wikipedia

    en.wikipedia.org/wiki/Financial_position_of_the...

    The net worth of the United States sharply declined to 5.2 times GDP by the end of 2008 due to declines in the values of US corporate equities and real estate in the wake of the subprime mortgage crisis and the 2007–2008 financial crisis. Between 2008 and 2009, the net worth of US households had recovered from a low of 3.55 times GDP to 3.75 ...

  8. ‘Black Swan’ author Nassim Taleb, who correctly called the ...

    www.aol.com/finance/black-swan-author-nassim...

    Currently the American national debt stands at $34.14 trillion —about $100,000 for every person in the U.S.—with the debt ceiling currently suspended until 2025 courtesy of a deal passed in ...

  9. National Debt and Deficit — What Is It and How Does ... - AOL

    www.aol.com/national-debt-deficit-does-affect...

    The national debt is the money the United States government owes its creditors. It borrowed that money on your behalf and in your name. That whole “of the people, by the people, for the people ...

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