$7.7 trillion: Federal debt increase during Trump's presidency
Trump's first budget projected the gross federal debt would be $23.1 trillion on Sept. 30, 2021.
Trump-approved tax cuts, spending increases and a pandemic later, and we're at $27.7 trillion and could be nearing $30 trillion by end of 2021.
Trump-approved tax cuts, spending increases and a pandemic later, and we're at $27.7 trillion and could be nearing $30 trillion by end of 2021.
There are also millions of fewer people employed today than were employed in January 2017 — a rare negative job result for an entire presidency — amid still-expanding pandemic.
How much is $7.7 trillion?
It's enough to buy every single American above the age of 5 a brand new Honda Accord.
It's enough to buy every single American above the age of 5 a brand new Honda Accord.
10-year gross cost of the Affordable Care Act's insurance subsidies/Medicaid: ~$2 trillion.