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0 sats \ 2 replies \ @denlillaapan OP 18 Nov \ parent \ on: Debt Wager: U.S. National Debt Over 40trn by Independence Day Next Year? bitcoin
nope, this is a myth.
It was even my original MONEY CLASS!
#733580
Can you comment on the numbers from June 2024 shown here?
President Trump approved $8.4 trillion of new ten-year borrowing during his full term in office, or $4.8 trillion excluding the CARES Act and other COVID relief.
President Biden, in his first three years and five months in office, approved $4.3 trillion of new ten-year borrowing, or $2.2 trillion excluding the American Rescue Plan.
President Trump approved $8.8 trillion of gross new borrowing and $443 billion of deficit reduction during his full presidential term.
President Biden has so far approved $6.2 trillion of gross new borrowing and $1.9 trillion of deficit reduction.
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@remindme in 1 day
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