In a televised address to the nation on July 25, 2011, to discuss the pending deadline on the debt ceiling, President Barack Obama made his pitch for a "balanced" approach to reducing the deficit -- one that includes spending cuts as well as revenue increases from tax increases for wealthier Americans.

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    During George ... debt into a non-issue solely to appease a GOP president. The debt ceiling has been raised 74 times since March 1962 that includes 18 times under Ronald Reagan, eight times under Bill Clinton, seven times under Bush, and three times under ...
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  • Every Change In The Debt Ceiling Since 1940 [CHARTS]
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    George W. Bush Navigator. A list of resources about George W. Bush as selected by editors of The New York Times. Bush White House Archives; Book Reviews from The Times
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    Get the latest breaking politics news and political coverage of U.S. elections. Get updates on President Obama's White House, Congress and more at ABC News.
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