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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...
Between the end of fiscal year 2020 and the end of fiscal year 2021, the national debt grew $1.5 trillion, a 5.6% increase year over year. For fiscal year 2022, President Joe Biden's budget included a deficit of $1.84 trillion; the deficit was $1.7 trillion for fiscal year 2023.
Here is how much each president's time in office added to the U.S. debt by percentage and dollar amounts. The national debt has increased under most U.S. presidents.
National debt during Joe Biden’s presidency has increased by $4.7 trillion since he took office, an increase of 16.67% as of September 2023. During Donald Trump’s whole presidency, the U.S. national debt increased by $8.18 trillion, a percentage increase of 40.43%. This is less than Barack Obama (69.98%) and George W. Bush (105.8%).
The national debt grew by more than $8.1 trillion during Donald Trump’s presidency, the largest four-year increase in the nation’s history. More than 40% of the debt is a result of coronavirus...
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.
The U.S. national debt climbed to $34 trillion for the first time in December 2023, up from about $31.42 trillion one year earlier. The debt-to-GDP ratio gives insight into whether the U.S. can cover all its debt.
Graph and download economic data for Federal Debt: Total Public Debt from Jan 1962 to Oct 2024 about public, debt, federal, government, USA, 10-year, maturity, Treasury, interest rate, interest, and rate.
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.
Now that President Trump has signed the two-year spending bill and the borrowing limit has been suspended, the question remains: Just how big is the debt owed by the federal government? The...