National Debt When Clinton Left Office

Clinton signed north american free trade agreement nafta into law along with many other free trade agreements.

National debt when clinton left office. Of that 5 6 trillion some 4 5 trillion was owed to social security and some small a. The us national debt just pushed past 22 trillion here s how trump s 2 trillion in debt compares with obama bush and clinton bob bryan 2019 02 20t16 50 08z. Yes that s george bush ii.

Fy 2001 133 billion fy 2000 18 billion. Added 1 396 trillion a 32 increase from the 4 4 trillion debt at the end of george h w. From january 20 2017 to november 1 trump piled 3 1 trillion onto.

By 2006 he should have known better. He also enacted significant welfare reform. President obama is the second worst president in this category with public debt at 74 1 percent.

The debt held by the public is 1 7 trillion lower than was projected when president clinton took office. The treasury has tracked the daily accumulation of debt since january 1993 when president bill clinton was in the white house. When bill clinton left office the national debt was about 5 6 trillion.

Debt held by the public a primary measure of the national debt fell relative to gdp throughout his two terms from 47 8 in 1993 to 31 4 in 2001. Bush s last budget fy 1993. In his last few years in office he had a budget surplus rather than a budget deficit.

The largest debt reduction in history. So the debt goes up in any given year by the amount of the deficit or it decreases by the amount of any surplus. Over the last two years america has paid down 140 billion in public debt the largest debt pay down ever.