PrintApril 10, 2010
Graph of the Day for April 10, 2010
"It's a little hard for me to take criticism from folks about this recovery package after they presided over a doubling of the national debt." President Obama.
Source: House Republican Committee on the Budget, Rep. Paul Ryan, ranking member.
Hoven's Index for April 10, 2010
Federal debt held by the public, as percent of GDP:
Average from 1960 through 2000: 36.2%
In 2000 (after 6 years of a Republican-controlled Congress): 35.1%
In 2007 (last budget passed by Republican-controlled Congress): 36.9%
In 2008 (first budget passed by Democrat-controlled Congress): 40.8%
In 2009 (first year of Obama's stimulus): 53.0%
Projected for 2016, with Obama's proposals: 79.6%
Projected for 2020, with Obama's proposals: 90%
Sources: US Statistical Abstract (Table 458) and CBO.
Graph of the Day Archive.
