The Reagan-Bush national debt now stands at 15.443 TRILLION DOLLARS. Ronald Reagan tripled the national debt back in the 1980s. George W. Bush has nearly tripled it with his reckless tax cuts, along with decreased revenues due to high unemployment, increased payout for unemployment benefits, the two wars, and Medicare Part D. We now pay $500 billion a year just on interest on the debt. Republicans have blocked all efforts to get the deficits under control.
The estimated population of the United States is 312,291,923 so each citizen’s share of this debt is $49,453.56.
The National Debt has continued to increase an average of 4 BILLION DOLLARS PER DAY since September 28, 2007!