Report Highlights Stark Differences in National Debt Growth Under Trump and Biden
New analysis reveals Trump added $8.4 trillion to the national debt, nearly double Biden's $4.3 trillion addition.
- The Committee for a Responsible Federal Budget report compares fiscal policies of Trump and Biden.
- Trump's debt increase includes $3.6 trillion in COVID-19 relief and $1.9 trillion from tax cuts.
- Biden's contributions feature $2.1 trillion in COVID-19 relief and $620 billion in student debt actions.
- The national debt has surpassed $34 trillion, with interest payments nearing $900 billion annually.
- Upcoming elections and expiring tax cuts set the stage for significant fiscal policy debates.