The Bush And Obama Era of Debt: When Bush’s term started Jan. 20, 2001, the gross federal debt was $5.73 trillion. At the end of his term, Jan. 20, 2009, the gross federal debt was $10.63 trillion. This means that the debt just about doubled under Bush. The gross federal debt under Obama -- as of April 7, 2015 -- is $18.15 trillion. So, the debt is a little more than triple what the debt was when Bush took office in 2001, $5.63 trillion.

Politifact reports:

When Bush’s term started Jan. 20, 2001, the gross federal debt was $5.73 trillion. At the end of his term, Jan. 20, 2009, the gross federal debt was $10.63 trillion. This means that the debt just about doubled under Bush.

The gross federal debt under Obama -- as of April 7, 2015 -- is $18.15 trillion. So, the debt is a little more than triple what the debt was when Bush took office in 2001, $5.63 trillion.

No vicious cut in government spending for you! Just a reminder, the next time some leftist talks about slashes in government spending. For the Paul Krugmans out there: how come all that government spending has produced only one single year of GDP since 2000? What better proof than this that increases in government spending don't lead to high levels of economic growth?