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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.
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