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According to the U.S. Treasury Department, America's first 42 Presidents, from George Washington (1789) to Bill Clinton (2000), borrowed a combined total of $1.01 trillion from foreign governments and financial institutions. From 2000 to 2006, the Bush White House has borrowed $1.05 trillion alone.
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We have borrowed in the last 5 years what we had previously borrowed in the first 211 years of our country...Your thoughts?