1986 - 1997
US Debt 1940-1960 1961-1971 1971-1979 1979-1986 This Page

DATE STATUS DEBT CEILING
May 15, 1987"Temporary"$US 2,320,000,000,000
August 10, 1987"Temporary"$US 2,352,000,000,000
September 29, 1987Permanent$US 2,800,000,000,000
October 19, 1987:   Wall street crash - Dow falls 508 points or 22.62%
August 7, 1989"Temporary"$US 2,870,000,000,000
November 8, 1989Permanent$US 3,122,700,000,000
November 1989:   Berlin Wall falls - collapse of Communism - end of "Cold War".
August 9, 1990"Temporary"$US 3,195,000,000,000
Sept. 1990:   Budget "train wreck" in Congress - National Parks and Washington museums closed.
October 28, 1990"Temporary"$US 3,230,000,000,000
November 5, 1990Permanent$US 4,145,000,000,000
April 6, 1993"Temporary"$US 4,370,000,000,000
August 10, 1993Permanent$US 4,900,000,000,000
November 1994:   Historic Republican landslide - majorities in both Houses
March 29, 1996Permanent$US 5,500,000,000,000
November 1996:   Bill Clinton (Democrat) elected for a second term as President.
August 5, 1997Permanent$US 5,950,000,000,000

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