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Of all the U.S. presidents, Barack Obama increased the national debt the most. From September 2009 to September 2017, the debt grew by $8.34 trillion, almost 70%.
Here are the budget deficits for each president back to Woodrow Wilson. Obama had the highest dollar increase, but Wilson had the biggest percentage rise.
The national debt has increased under most U.S. presidents. Here is how much each president's time in office added to the U.S. debt by percentage and dollar amounts.
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. Too much debt compared to a...
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 a look at which presidents ran the largest federal budget deficits in U.S. history and why, from World War I through President Biden's administration.
The best way to measure a President's debt is to add up his budget deficits. A President's budget reveals a particular administration's spending priorities. The deficit by each President reveals how much deficit was in each year's budget, which can increase the debt.
This report looks at the federal deficit or surplus during presidential administrations from 1981 to 2022 by fiscal year, which runs from October 1 through September 30 of each year. Presidents are sworn into office on January 20 of the year following a presidential election.
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 biggest federal deficit on record is $1,412,700,000,000. Republican George W. Bush was president for about a third of the 2009 fiscal year, and Democrat Barack Obama took office and was president for the remaining two thirds.