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 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
  • 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 three ...
    10/4/2013 - 1:00 pm | View Link
  • Obama plays hardball on debt ceiling, but can’t explain away the position he took as Senator
    Once the ceiling is raised ... Reagan in 1985, President George Herbert Walker Bush in 1990, President Clinton in 1997 all signed deficit reduction deals that were contingent upon or in the context of raising the debt ceiling. You yourself four times ...
    01/14/2013 - 9:50 am | 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:
  • US Debt Ceiling History
    Read about the US debt ceiling history. Learn about the statutory cap on federal borrowing. See how much the government limit on debt was through the years.
    08/30/2014 - 3:31 pm | 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 ...
    08/30/2014 - 9:33 am | View Website
  • Bush Deficit vs. Obama Deficit in Pictures
    UPDATE: This graph is now over two years old. For up to date information see this post: The Truth about Obama’s Budget Deficits, in Pictures
    08/30/2014 - 8:00 am | View Website
  • Politics News and U.S. Elections Coverage
    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.
    08/30/2014 - 6:48 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.
    08/30/2014 - 5:44 am | View Website
  • More

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