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The debt ceiling was raised seven times under the Bush administration (from 2000-2008).

From a Sept 2008 CBS story: "Buried deep in the hundred pages of bailout legislation is a provision that would raise the statutory ceiling on the national debt to $11.315 trillion. It'll be the 7th time the debt limit has been raised during this administration. In fact it was just two months ago, on July 30, that President Bush signed the Housing and Economic Recovery Act, which contained a provision raising the debt ceiling to $10.615 trillion."

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Q: How many times has the debt ceiling been raised under Bush?
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How many time has congress raised he debt ceiling under Obama?

First, it should be noted that the debt ceiling has been repeatedly raised over the past four decades. Under President Reagan, for example, it was raised as much as 17 times. Under both President George H.W. Bush and President Clinton, it was raised four times. Under President George W. Bush, it was raised seven times. And so far, under President Obama, it has been raised on four occasions.


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The debt ceiling was raised in 2002 to $6.4 trillion, in 2003 to $7.384 trillion, in 2004 to $8.184 trillion, in 2006 to $8.965 trillion and in 2007 to $9.815 trillion. Bush was President during these years, but you must know the President can not raise the debt ceiling- only Congress can do that.


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