NATIONAL DEBT vs. PRESIDENTS vs. PARTY POWER IN CONGRESS (SENATE & HOUSE OF REPS)
This web page depicts actual facts concerning our U.S. National Debt and its relationship over time to those in power and key events in history.
Everyone who lives and works in the U.S. should be educated about these economic relationships and understand the implications outlined by
the data.  Likewise, everyone in the so called "global economy" will be directly affected if this problem continues unchecked.  It is not just a U.S.
issue.  It is a global issue.  With that in mind, let's begin with some honest facts and then look at the data and a graph supporting these facts...
True: The U.S. National Debt has been growing and growing for years and years (click on "The Picture" tab below).
False: While Bill Clinton was President the National Debt was reduced.
True:  The U.S. National Debt keeps increasing thanks to Congress and Congress alone; a mix of Democrats and, to a
lessor degree, Republicans (see data below).
False: Bad Presidents are the key reason this country gets deeper in debt.
True:  Congress and Congress alone apparently refuses to operate on a BALANCED BUDGET and to address the debt.
False: It is all the fault of President Bush and the Republicans.
True:  Congress and Congress alone votes to allow wars and provides funding for all wars, including recent efforts in
Iraq and Afghanistan.
False: Republicans take us to war and Democrats bring us home.
True:  535 people in Congress have racked up $16+ Trillion in U.S. National Debt (by end of 2012) and about 227.5 million
possible tax payers will owe that debt to other "investors" as a result (that is apx $62,000 per person over 20 yrs old in
the U.S.).
False: It is all the fault of the Republican party's failed economic policies.
Q: Assuming you look over all this information WHAT, if anything, can be done about this problem?
A: Make your Representatives STOP SPENDING MONEY THEY DO NOT HAVE!
NOTE: ALL TIME LINE DATA BEGINS APX ONE YEAR BEFORE THE START OF WORLD WAR II (SEP 1, 1939) ONWARD.
To better understand the National Debt visit this web page. . .
http://www.treasurydirect.gov/govt/resources/faq/faq_publicdebt.htm
* Source of Nation Debt numbers is. . .
http://www.treasurydirect.gov/govt/reports/pd/histdebt/histdebt.htm
** National Debt limits have been increased by Congress many times over the years.  Title 31, Subtitle III, Chapter 31, Subchapter 1,
Sec 3101 is where "debt limits" are addressed/ammended within U.S. Congressional statutes and may be reviewed here. . .
http://www.gpo.gov/fdsys/pkg/USCODE-2008-title31/html/USCODE-2008-title31-subtitleIII-chap31-subchapI-sec3101.htm
KEY		(Fiscal Yr)	NATIONAL DEBT **	NATIONAL *	(Color of Majority)	SENATE	SENATE	HOUSE	HOUSE	TOTAL	TOTAL	TOT
EVENTS	YR #	MO & YR	INCREASE/(DECREASE)	DEBT	CONGRESS #	# OF DEM	# OF REP	# OF DEM	# OF REP	DEM	REP	MISC	PRESIDENT (D or R)
GLASS-STEAGALL ACT OF 1932/1933 (FDIC) - Dems = Reps		1932/1933
U.S. "SOCIAL SECURITY" SYSTEM CREATED		1935
	1	June 30, 1938		$37,164,740,315.45	75th	76	17	334	88	410	105	16	Franklin D. Roosevelt (D) [1933+]
START WW II	2	June 30, 1939	$3,274,792,095.66	$40,439,532,411.11	76th	69	23	252	177	321	200	10
MANUFACTURING BASE OF COMPETITION DESTROYED	3	June 30, 1940	$2,527,998,626.57	$42,967,531,037.68	76th	69	23	252	177	321	200	10
	4	June 30, 1941	$5,993,912,498.03	$48,961,443,535.71	77th	66	28	267	162	333	190	8
	5	June 30, 1942	$23,461,001,580.51	$72,422,445,116.22	77th	66	28	267	162	333	190	8
	6	June 30, 1943	$64,273,645,213.68	$136,696,090,329.90	78th	58	37	222	209	280	246	5
	7	June 30, 1944	$64,307,296,891.23	$201,003,387,221.13	78th	58	37	222	209	280	246	5
END WW II / IRON CURTAIN BEGINS	8	June 30, 1945	$57,678,800,188.80	$258,682,187,409.93	79th	57	38	242	191	299	229	3	Harry S. Truman (D)
	9	June 30, 1946	$10,739,911,763.33	$269,422,099,173.26	79th	57	38	242	191	299	229	3
START MARSHAL PLAN (FIX EUROPE ECON) / COLD WAR	10	June 30, 1947	($11,135,716,064.59)	$258,286,383,108.67	80th	45	51	185	248	230	299	2
CONGRESS REDUCED DEBT	11	June 30, 1948	($5,994,136,595.68)	$252,292,246,512.99	80th	45	51	184	244	229	295	7
NATO FORMED	12	June 30, 1949	$478,113,347.34	$252,770,359,860.33	81st	53	43	263	171	316	214	1
START KOREAN WAR	13	June 30, 1950	$4,586,992,490.71	$257,357,352,351.04	81st	53	43	263	171	316	214	1
MARSHAL PLAN END / CONGRESS REDUCED DEBT	14	June 30, 1951	($2,135,375,536.11)	$255,221,976,814.93	82nd	48	48	235	199	283	247	1
(Europe states econ surpasses pre-war levels)	15	June 30, 1952	$3,883,201,970.50	$259,105,178,785.43	82nd	48	48	235	199	283	247	1
KOREAN WAR CEASE FIRE	16	June 30, 1953	$6,965,882,853.14	$266,071,061,638.57	83rd	47	48	213	221	260	269	1	Dwight D. Eisenhower (R)
	17	June 30, 1954	$5,188,537,469.89	$271,259,599,108.46	83rd	47	48	213	221	260	269	1
WARSAW PACT	18	June 30, 1955	$3,114,623,694.16	$274,374,222,802.62	84th	47	47	232	203	279	250	2
	19	June 30, 1956	($1,623,409,153.30)	$272,750,813,649.32	84th	47	47	232	203	279	250	2
LAST TIME CONGRESS EVER REDUCED DEBT	20	June 30, 1957	($2,223,641,752.89)	$270,527,171,896.43	85th	49	47	234	201	283	248	0
	21	June 30, 1958	$5,816,045,849.38	$276,343,217,745.81	85th	49	47	234	201	283	248	0
START VIETNAM WAR / AK & HI 49TH & 50TH STATES	22	June 30, 1959	$8,362,689,332.41	$284,705,907,078.22	86th	65	35	283	153	348	188	1
	23	June 30, 1960	$1,624,853,770.15	$286,330,760,848.37	86th	65	35	283	153	348	188	1
BERLIN WALL STARTED	24	June 30, 1961	$2,640,177,761.68	$288,970,938,610.05	87th	63	37	263	174	326	211	0	John F. Kennedy (D)
CUBIN MISSLE CRISIS	25	June 30, 1962	$9,229,884,110.82	$298,200,822,720.87	87th	63	37	263	174	326	211	0
	26	June 30, 1963	$7,658,810,275.54	$305,859,632,996.41	88th	66	34	258	177	324	211	0	Lyndon B. Johnson (D)
	27	June 30, 1964	$5,853,266,260.89	$311,712,899,257.30	88th	66	34	258	177	324	211	0
SOCIAL SECURITY ACT OF 1965 (MEDICARE AMENDMENTS)	28	June 30, 1965	$5,560,999,726.34	$317,273,898,983.64	89th	68	32	295	140	363	172	0
	29	June 30, 1966	$2,633,188,811.84	$319,907,087,795.48	89th	67	33	290	136	357	169	9
	30	June 30, 1967	$6,313,849,999.06	$326,220,937,794.54	90th	64	36	247	187	311	223	1
FED NAT MORTGAGE ASS (FNMA - FANNY MAE)	31	June 30, 1968	$21,357,468,631.34	$347,578,406,425.88	90th	64	36	247	187	311	223	1
	32	June 30, 1969	$6,141,847,415.53	$353,720,253,841.41	91st	57	43	243	192	300	235	0	Richard M. Nixon (R)
FED HOME LOAN MORTGAGE CORP (FHLMC - FREDDIE MAC)	33	June 30, 1970	$17,198,453,108.52	$370,918,706,949.93	91st	57	43	243	192	300	235	0
	34	June 30, 1971	$27,211,037,505.61	$398,129,744,455.54	92nd	54	44	255	180	309	224	2
	35	June 30, 1972	$29,130,716,484.96	$427,260,460,940.50	92nd	54	44	255	180	309	224	2
HUD CREATED	36	June 30, 1973	$30,881,144,371.59	$458,141,605,312.09	93rd	56	42	240	192	296	234	5
	37	June 30, 1974	$16,918,210,419.46	$475,059,815,731.55	93rd	57	40	236	182	293	222	20	Gerald R. Ford, Jr. (R)
VIETNAM WAR END	38	June 30, 1975	$58,129,184,268.45	$533,189,000,000.00	94th	60	37	291	144	351	181	3
	39	June 30, 1976	$87,244,000,000.00	$620,433,000,000.00	94th	61	37	291	144	352	181	3
	40	September 30, 1977	$78,407,000,000.00	$698,840,000,000.00	95th	61	39	292	143	353	182	0	James E. "Jimmy" Carter, Jr. (D)
	41	September 30, 1978	$72,704,000,000.00	$771,544,000,000.00	95th	61	39	292	143	353	182	0
START SOVIET/AFGHAN WAR / FEMA CREATED	42	September 30, 1979	$54,975,000,000.00	$826,519,000,000.00	96th	58	42	277	158	335	200	0
DEP INSTITUTIONS DEREG & MONITARY CONTROL ACT	43	September 30, 1980	$81,182,000,000.00	$907,701,000,000.00	96th	58	42	277	158	335	200	0
REAGAN TAX CUTS / ECON RECOVER ACT / ETC.	44	September 30, 1981	$90,154,000,000.00	$997,855,000,000.00	97th	46	53	244	191	290	244	1	Ronald W. Reagan (R)
NATIONAL DEBT EXCEEDS $1 TRILLION / TAX EQUITY ACT	45	September 30, 1982	$144,179,000,000.00	$1,142,034,000,000.00	97th	46	53	244	191	290	244	1
	46	September 30, 1983	$235,176,000,000.00	$1,377,210,000,000.00	98th	45	55	272	163	317	218	0
	47	September 30, 1984	$195,056,000,000.00	$1,572,266,000,000.00	98th	45	55	272	163	317	218	0
BALANCED BUDGET & EMER DEFICIT CONTROL ACT	48	September 30, 1985	$250,837,000,000.00	$1,823,103,000,000.00	99th	47	53	253	182	300	235	0
IMMAGRATION AND TAX REFORM ACTS	49	September 30, 1986	$302,199,616,658.42	$2,125,302,616,658.42	99th	47	53	253	182	300	235	0
	50	September 30, 1987	$224,974,274,294.58	$2,350,276,890,953.00	100th	55	45	258	177	313	222	0
SOVIET WITHDRAWAL FROM AFGHANISTAN	51	September 30, 1988	$252,060,821,088.16	$2,602,337,712,041.16	100th	55	45	258	177	313	222	0
BERLIN WALL REMOVED / END IRON CURTAIN	52	September 30, 1989	$255,093,248,146.16	$2,857,430,960,187.32	101st	55	45	261	174	316	219	0	George H. W. Bush (R)
GULF WAR (APX 1 YR LONG)	53	September 30, 1990	$375,882,491,589.93	$3,233,313,451,777.25	101st	55	45	261	174	316	219	0
WARSAW PACT / COLD WAR END	54	September 30, 1991	$431,989,899,919.78	$3,665,303,351,697.03	102nd	56	44	270	164	326	208	1
HURRICANE ANDREW	55	September 30, 1992	$399,317,303,824.63	$4,064,620,655,521.66	102nd	57	43	270	164	327	207	1
OMNI BUDGET RECONCILIATION ACT (TAX CHANGES) / NAFTA	56	September 30, 1993	$346,868,227,617.72	$4,411,488,883,139.38	103rd	57	43	258	176	315	219	2	William J. "Bill" Clinton (D)
CONTRACT WITH AMERICA (Republican Party)	57	September 30, 1994	$281,261,026,873.94	$4,692,749,910,013.32	103rd	53	47	256	177	309	224	2
LOBBYING DISCLOSURE ACT	58	September 30, 1995	$281,232,990,696.07	$4,973,982,900,709.39	104th	47	53	204	230	251	283	1
LINE ITEM VETO ACT / HEALTH INS PORT & ACCT ACT (HIPPA)	59	September 30, 1996	$250,828,038,426.34	$5,224,810,939,135.73	104th	47	53	198	234	245	287	3
BALANCED BUDGET ACT / TAXPAYER RELIEF ACT	60	September 30, 1997	$188,335,072,261.61	$5,413,146,011,397.34	105th	47	53	206	228	253	281	1
IRAQ LIBERATION ACT / LINE ITEM VETO ACT OVERRULED	61	September 30, 1998	$113,046,997,500.28	$5,526,193,008,897.62	105th	47	53	207	227	254	280	1
GRAMM-LEACH-BLILEY FIN SERVICES MODERNIZATION ACT	62	September 30, 1999	$130,077,892,717.81	$5,656,270,901,615.43	106th	45	55	211	223	256	278	1
COMMODITIES FUTURES MODERNIZATION ACT	63	September 30, 2000	$17,907,308,271.43	$5,674,178,209,886.86	106th	46	54	210	222	256	276	3
SEPT-11 / OPERATION ENDURING FREEDOM / BUSH TAX CUTS	64	September 30, 2001	$133,285,202,313.20	$5,807,463,412,200.06	107th	50	49	211	221	261	270	4	George W. Bush (R)
NOCHILD LEFT BEHIND / SARBANES-OXLEY / WAR ON TERROR	65	September 30, 2002	$420,772,553,397.10	$6,228,235,965,597.16	107th	50	48	209	223	259	271	5
OPER IRAQI FREEDOM / 2ND BUSH TAX CUTS	66	September 30, 2003	$554,995,097,146.46	$6,783,231,062,743.62	108th	48	51	205	229	253	280	2
	67	September 30, 2004	$595,821,633,586.70	$7,379,052,696,330.32	108th	48	51	206	227	254	278	3
HURRICANE KATRINA	68	September 30, 2005	$553,656,965,393.18	$7,932,709,661,723.50	109th	44	55	202	231	246	286	3
NEW IRAQ GOVERNMENT (U.S. ALLY)	69	September 30, 2006	$574,264,237,491.73	$8,506,973,899,215.23	109th	44	55	201	231	245	286	4
IRAQ TROOP SURGE	70	September 30, 2007	$500,679,473,047.25	$9,007,653,372,262.48	110th	49	48	233	201	282	249	4
ECONOMIC STIMULUS ACT / GLOBAL BAIL OUTS / ETC.	71	September 30, 2008	$1,017,071,524,649.92	$10,024,724,896,912.40	110th	49	49	235	199	284	248	3
	72	September 30, 2009	$1,885,104,106,599.30	$11,909,829,003,511.70	111th	57	40	256	178	313	218	4	Barack H. Obama II (D)
IRAQI FREEDOM END / OBAMA CARE	73	September 30, 2010	$1,651,794,027,380.00	$13,561,623,030,891.70	111th	56	42	255	179	311	221	3
WAR ON TERROR CONTINUES...	74	September 30, 2011	$1,228,716,969,108.30	$14,790,340,000,000.00	112th	51	47	193	241	244	288	3
SEP 2012 $16 TRILLION NATIONAL DEBT	75	September 30, 2012	$1,275,901,000,000.00	$16,066,241,000,000.00	112th	51	47	193	240	244	287	4