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Jan 4, 2024 · Key Takeaways. U.S. national debt stands at over $33.99 trillion as of January 2024. A president’s decisions on how to spend government money, such as funding wars or providing government aid,...
Dec 20, 2021 · 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.
Jun 10, 2023 · Key points. The national debt, which has surpassed $30 trillion, shows how much the federal government owes. All but two presidents since 1900 have contributed to the national debt, some more...
Abraham Lincoln’s years in the Oval Office saw the largest percentage increase in National Debt under any President, increasing 2859% overall. However, Martin Van Buren is the President who spent the most consistently with average yearly debt increasing 375.32% compared to Lincoln’s 148.36%.
Feb 12, 2024 · Almost every U.S. president in the last half-century has run a record budget deficit at one time or another, but the largest deficits in U.S. history were run by former President Donald Trump and...
Jul 29, 2019 · Obama left the presidency with a deficit of approximately $584.6 billion, which is more than halving $1.41 trillion. The deficit was even lower in 2015 at around $441.9 billion.
Mar 31, 2023 · 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, and by August 2022, the national debt had grown to $30.8 trillion.
May 28, 2021 · Elections. Federal Budget Receipts and Outlays: Coolidge - Biden. Last Updated. May 28, 2021. Notes. 1 The Fiscal Year begins on October 1 of the previous year. For example, Fiscal Year 2009 begins on October 1, 2008. For this reason, budget years appear to not correspond with a president's administration.
Feb 3, 2023 · Both Democratic presidents since 1980 with completed terms decreased the federal deficit while in office: Bill Clinton had a 150% decrease to end his presidency with a federal surplus of $128 billion, and Barack Obama decreased the deficit by 53%.
The current level of the national debt as of December 2023 is 34,001,494.00 million dollars. 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.
