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As of April 2024, President Joe Biden has increased the national debt by $6.17 trillion throughout his presidency. Jump to insight. The debt increased by $8.18 trillion during Donald Trump’s...
The best way to measure debt by president is to add their budget deficits and compare it to the debt level when they took office. Five presidents who contributed the most, percentage-wise, to the national debt are Franklin D. Roosevelt, Woodrow Wilson, Ronald Reagan, George W. Bush, and Barack Obama.
U.S. national debt stands at over $35.95 trillion as of November 2024. A president’s decisions on how to spend government money, such as funding wars or providing government aid, affect the...
The national debt, the amount the federal government owes, has surpassed $35 trillion. All but two presidents since 1900 have contributed to the national debt.
To tackle the COVID-19 pandemic, national debt was increased by a further 18.01% totaling $4.25 trillion in additional debt from March 2020 to Jan 2021. Abraham Lincoln’s years in the Oval Office saw the largest percentage increase in National Debt under any President, increasing 2859% overall.
National Debt by President. Interactive chart illustrating the growth in national (public) debt by U.S. Presidential term. The y-axis shows the total percentage growth in national debt and the x-axis shows the time in office in months.
The national debt grew $2.41 trillion over the last 365 days, an increase of about $6.6 billion a day. The national debt must remain below the debt ceiling, a limit imposed by Congress on the amount the federal government can borrow.