Bush's Administration debt

Bush's Administration debt - John Matias DSI#D03156412...

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John Matias DSI#D03156412 ACCT212 Who is George Walker Bush? George Walker Bush (born July 6, 1946) is an American politician who served as the 43rd President of the United States from 2001 to 2009. Before that, he was the 46th Governor of Texas, serving from 1995 to 2000. Bush was born in New Haven, Connecticut. He is the eldest son of Barbara Bush and 41st President George H. W. Bush, making him the second American president to have been the son of a former president. He is also the brother of Jeb Bush, former Governor of Florida. After graduating from Yale University in 1968 and Harvard Business School in 1975, Bush worked in oil businesses. He married Laura Welch in 1977 and ran unsuccessfully for the House of Representatives shortly thereafter. He later co-owned the Texas Rangers baseball team before defeating Ann Richards in the 1994 Texas gubernatorial election. In a close and controversial election, Bush was elected President in 2000 as the Republican candidate, defeating Vice President Al Gore in the Electoral College. http://en.wikipedia.org/wiki/George_W._Bush What is his role with the economic crisis? With no fanfare and little notice, the national debt has grown by more than $4 trillion during George W. Bush's presidency. It's the biggest increase under any president in U.S history. On the day President Bush took office, the national debt stood at $5.727 trillion. The latest number from the Treasury Department shows the national debt in 2007 stands at more than $9.849 trillion. That's a 71.9 percent increase on Mr. Bush's watch. The bailout plan now pending in Congress could add hundreds of billions of dollars to the
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Bush's Administration debt - John Matias DSI#D03156412...

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