Obama Says Reagan Raised Debt Ceiling 18 Times; George W. Bush Seven Times

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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BING NEWS:
  • The GOP’s Debt Ceiling War Is Not About Debt But About President Obama.
    During George W. Bush’s White House tenure, the debt ceiling was an absolute non ... 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 ...
    10/9/2013 - 2:52 pm | View Link
  • The GOP’s Debt Ceiling War is Not about Debt but About Obama
    During George W. Bush’s White House tenure, the debt ceiling was an absolute non ... 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 ...
    10/5/2013 - 8:00 am | View Link
  • Top 10 PolitiFact checks of claims by, and about, Barack Obama as he hies to Texas
    No. 7 Obama says Reagan raised debt ceiling 18 times; George W. Bush seven times. True. This July 2011 claim reflects the fact that raising the debt ceiling has historically been an issue tackled by Republicans and Democrats alike. President Reagan agreed ...
    05/7/2013 - 1:00 pm | View Link
  • Obama caves on debt ceiling
    The debt ceiling has been routinely raised more than 100 times without any strings attached, including seven times under George W. Bush and 18 times under Ronald Reagan, reaching $14.3 trillion in 2010. But this time around, right wing congressional ...
    08/1/2011 - 1:00 pm | View Link
  • Obama changes tone in public debate over debt ceiling
    But he strayed from the usual script when he got historical, noting that Republican hero Ronald Reagan and even George W. Bush had raised the debt ceiling 25 times between them. Calling for compromise, he quoted Thomas Jefferson: “Every man cannot have ...
    07/26/2011 - 12:24 am | View Link
  • More
BING SEARCH:
  • Debt Ceiling
    The debt ceiling was raised on seven occasions during President George W. Bush's two terms in office, from $5.95 trillion in 2001 to nearly double that, $11.315 ...
    07/29/2014 - 11:26 pm | View Website
  • Obama On Debt Ceiling, Then And Now | Start Thinking Right
    Tags: 2006, America has a debt problem, Americans deserve better, Bush, debt ceiling, Obama, post turtle, reckless fiscal policies, regrets vote against ...
    07/29/2014 - 10:43 pm | View Website
  • US Debt Ceiling Was Raised 18 Times While Ronald Reagan ...
    How Many Times was the Debt Ceiling of the United States Raised While Ronald Reagan Was in Office?
    07/29/2014 - 11:30 am | View Website
  • 15 Things The GOP Doesn't Want You To Know About Taxes And ...
    The experience of the past three decades shows that for the GOP, there are only two certainties in life: debt and tax cuts. But you'd never know that watching the ...
    07/29/2014 - 2:19 am | View Website
  • snopes.com: Obama on the Debt Limit
    Claim: In 2006, U.S. Senator Barack Obama spoke out against raising the U.S. government debt limit.
    07/28/2014 - 11:55 pm | View Website
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