I.O.U.

piggybank.jpg The current administration under President George W. Bush has managed to borrow more foreign capital than all 42 previous United States presidents combined.

According to the Treasury Department, from 1776-2000, the first 224 years of U.S. history, 42 U.S. presidents borrowed a combined $1.01 trillion from foreign governments and financial institutions, but in the past four years alone, the Bush administration borrowed $1.05 trillion.

Source: [cnsnews.com]

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