Jan 14, 2021 · One of President Donald Trump’s lesser known but profoundly damaging legacies will be the explosive rise in the national debt that occurred on his watch. The financial burden …

May 22, 2023 · Treasury Department data shows the gross federal debt rose by about $7.8 trillion on Trump’s watch. But that wasn’t the biggest increase of any president in raw dollars.

Oct 8, 2021 · Deficits — Trump left office almost four months after the U.S. recorded its largest annual deficit of $3.1 trillion in fiscal year 2020.

Feb 19, 2025 · Trump has called for a series of steep tax cuts — from extending his expiring 2017 tax law to eliminating taxes on tips, overtime pay and Social Security benefits — that would …

Nov 7, 2024 · As of April 2024, President Joe Biden has increased the national debt by $6.17 trillion throughout his presidency. The debt increased by $8.18 trillion during Donald Trump’s …

Feb 8, 2025 · Over the past 60 years, nearly every U.S. president has run a record budget deficit at some point, with former Presidents Donald Trump, Barack Obama, and Joe Biden running …

Jan 10, 2024 · In the recent GOP primary presidential debate, former United Nations Ambassador Nikki Haley claimed that President Trump added $8 trillion to the national debt while Florida …

Feb 5, 2025 · The U.S. goods trade deficit increased in 2024 to a record $1.2 trillion, putting a target on countries around the world as President Donald Trump considers new tariffs.

6 days ago · Trump, who on Tuesday imposed 25% tariffs on almost all imports from Canada (10% on energy), has repeatedly said this year that the US has a “$200 billion” trade deficit …

Oct 14, 2024 · President Trump continued the trend of pushing the deficit higher as he sought massive tax cuts and increased defense spending. His first budget for the 2018 fiscal year …