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Democratic president with Democratic Congress: 9.8%; Republican president with split Congress: 5.8%; Republican president with Democratic Congress: 4.9%; Bloomberg News reported in November 2021 that Democratic presidents held seven of the top ten positions of S&P 500 returns during the first year of a presidential term, measured from their ...
Gross US Federal Debt as a Percentage of GDP, by political party of President Debt held by the public reached a high of 49.5% of GDP at the beginning of President Clinton 's first term. However, it fell to 34.5% of GDP by the end of Clinton's presidency due in part to decreased military spending, increased taxes (in 1990 , 1993 and 1997 ), and ...
The length of a full four-year term of office for a president of the United States usually amounts to 1,461 days (three common years of 365 days plus one leap year of 366 days). The listed number of days is calculated as the difference between dates, which counts the number of calendar days except the first day (day zero).
Between 1989-2020, the national debt soared by more than 800% as Congresses and presidents from both parties approved massive spending increases and massive tax cuts at the same time.
The federal government ran deficits under Presidents George W. Bush and Barack Obama, and during Trump's first term, and yet inflation remained under control until 2021.
(The Center Square) – The latest federal numbers show the U.S. deficit is soaring as President Joe Biden heads out of office. The U.S. Congressional Budget Office released its monthly budget ...
In the context of the politics of the United States, term limits restrict the number of terms of office an officeholder may serve. At the federal level, the president of the United States can serve a maximum of two four-year terms, with this being limited by the Twenty-second Amendment to the United States Constitution that came into force on February 27, 1951.
The 2020 deficit, in terms of its relationship to the economy, represented 15.2% of total gross domestic product, the sum of all the goods and services produced by the country.