January 30, 2023

Just the facts

Newsweek -  According to the U.S. Department of the Treasury, during the four years of the Trump administration, the national debt rose by $7.8 trillion. That addition makes up 24.8 percent of the country's current $31 trillion debt. Notably, during the end of Trump's presidency, the Coronavirus Relief and Spending Bill was passed, adding roughly $3.7 trillion to the national debt. Using the same metric provided by the Treasury, former President Barack Obama contributed what amounts to 29.7 percent of the present national debt by adding $9.3 trillion. Biden is presently responsible for 11.7 percent of the national debt, contributing over $3.6 trillion.


No comments: