Douglas Alexander: “It has been 1,167 days since President Bush and the Republican Party…”

On the recordJuly 20, 2004

It has been 1,167 days since President Bush and the Republican Party embarked on their economic plan for our country. During that time, the national debt has increased by $1,663,467,070,131.85. According to the Web site for the Bureau of Public Debt at the Treasury Department, yesterday the Nation's outstanding privately held debt was $4,228,533,122,486.63. Foreign holdings of U.S. privately held debt now total $1.75 trillion. This is an increase of $740 billion since January of 2001 and is 41 percent of all privately held debt.

Said by

Douglas Alexander

Labour Party

Source

govinfo.gov

Editor's note · Context

Discussing the impact of the Republican economic plan on national debt.

Share on X Share on Facebook Email this quote

Douglas Alexander: “It has been 1,167 days since President Bush and the Republican Party embarked on their economic plan for our country.…”

Editor's note · Context