On the recordMarch 28, 2006
Absolutely. We have another chart that we talk about. The amount of debt that has been racked up in just the last few years, just in the last 4 or 5 years is actually greater than all of the 42 administrations before this one. I mean, that is a truly astonishing statistic. I was really incredibly surprised about that. We also try to boil down the difference between the debt and the deficit. The deficit is related to the fact that we spend more than we take in.
Source
govinfo.gov




