[Congressional Record Volume 150, Number 102 (Wednesday, July 21, 2004)]
[House]
[Page H6447]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
FAILED REPUBLICAN ECONOMIC PLAN
(Mr. TANNER asked and was given permission to address the House for 1
minute and to revise and extend his remarks.)
Mr. TANNER. Mr. Speaker, it has been 1,168 days since President Bush
and the Republican Party embarked on their economic plan for our
country. During that time the national debt has increased by
$1,636,400,551,909.99.
According to the Web site for the Bureau of the Public Debt at the
U.S. Department of Treasury, yesterday the Nation's outstanding
privately held debt was $4,228,487,022,143.12. Foreign holdings, debt
held by foreign governments and others, not Americans, now total $1.5
trillion. This is an increase of $740 billion since January 2001 and is
now 41 percent of all privately held debt.
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