Author Topic: US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most  (Read 161 times)

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Online libertybele

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Interesting -- Trump raised the debt ceiling the least.

US Presidents Raised the Debt Ceiling 42 Times in Recent History — Here’s Who Raised It the Most

No topic has been hotter in mid-May 2023 than the debt ceiling, even though many people don’t fully understand what it is. In a nutshell, the debt ceiling is a line in the sand regarding the amount that the U.S. government is allowed to borrow. If it is exceeded, the government effectively shuts down. Without the ability to borrow more money, the government typically can’t pay federal employees, keep federal buildings open or meet its monthly entitlement payments. This means that recipients of everything from Social Security to Medicare and Medicaid may not get paid..............

As both Republican and Democratic presidents have been in power since 1981, both parties have presided over a rise in the debt ceiling. In all, since President Ronald Reagan first took office in 1981, U.S. presidents have raised the debt ceiling 42 times — with Reagan himself raising the ceiling the most times............

Donald Trump — 2 Times

George H.W. Bush — 4 Times

Bill Clinton — 4 Times

George W. Bush — 7 Times

Barack Obama — 7 Times

Ronald Reagan — 18 Times

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https://www.yahoo.com/finance/news/us-presidents-raised-debt-ceiling-110017986.html

Romans 12:16-21

Live in harmony with one another; do not be haughty, but associate with the lowly, do not claim to be wiser than you are.  Do not repay anyone evil for evil, but take thought for what is noble in the sight of all.  If it is possible, so far as it depends on you, live peaceably with all…do not be overcome by evil, but overcome evil with good.

Online libertybele

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All in all this makes Trump looks pretty decent as far as raising the debt ceiling, compared to Reagan, Bush and O'Bammy.
Romans 12:16-21

Live in harmony with one another; do not be haughty, but associate with the lowly, do not claim to be wiser than you are.  Do not repay anyone evil for evil, but take thought for what is noble in the sight of all.  If it is possible, so far as it depends on you, live peaceably with all…do not be overcome by evil, but overcome evil with good.

Offline Kamaji

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And how much was the ceiling raised each time?