Question

The U.S. national debt has more than doubled since the year 2000. Under President Bush, at the end of calendar year 2000, the debt stood at $5.629 trillion. Eight years later, the federal debt stood at $9.986 trillion.

a. true
b. false

Answer 1

True, the U.S. national debt has more than doubled since 2000, increasing from $5.629 trillion at the end of 2000 to $9.986 trillion by the end of 2008, and continuing to rise in subsequent years.

Step-by-step explanation:

The statement that the U.S. national debt has more than doubled since the year 2000 and the federal debt stood at $5.629 trillion at the end of calendar year 2000, is true. By the end of President Bush's term in 2008, the debt had indeed increased to $9.986 trillion.

By July 2015, the national debt had reached approximately $18.581 trillion and was expected to be around $21.694 trillion for the total government debt, including federal, state, and local, at the end of FY 2015.

The economic recession from 2007 to 2009 and the subsequent budget control efforts in the early 2010s saw annual deficits decrease significantly, but not enough to prevent the continued increase in total debt, which was almost $19 trillion by the end of 2015 and rose to $22 trillion by March 2021.