Biden has added twice as much debt as Trump over same time period of first term

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ptif219

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Biden is a liar. He is outspending Trump big time

https://justthenews.com/government/...uch-debt-compared-trump-so-far-his-first-term



President Joe Biden has added twice as much debt in his roughly 2.5 years in the White House, compared to former President Trump over the same period.

The national debt surpassed $32 trillion Friday, reaching $32.03 trillion, according to Treasury Department data.

The national debt has increased by roughly $4.3 trillion from $27.7 trillion since Biden took office on Jan. 20, 2021.

The Democrat president had a Democratic-led House and Senate to work with until January 2023 when the GOP took the House majority.

The national debt increased $2.1 trillion from the time Trump was inaugurated on Jan. 20, 2017 to June 17, 2019 – from $19.9 trillion to $22 trillion.

Trump had a Republican-led House and Senate until January 2019 when the Democrats took the House majority.

When the coronavirus pandemic hit in March 2020, the national debt soared to record highs due to the massive stimulus bills passed by the Democratic-led House and Republican-led Senate and signed into law by Trump.

Biden and the Democratic-led Congress passed their own pandemic stimulus bill in 2021 as well.

The national debt jumped from $23.5 trillion in mid-March of 2020, at the onset of the pandemic, to $27.7 trillion when Trump left office.

Congress recently passed legislation to raise the nation's debt ceiling by roughly $4 trillion through next year.

Maya MacGuineas, president of the Committee for a Responsible Federal Budget, said Friday that it's past time for Congress to take action to lower the nation's deficit, which the Congressional Office projects will total $1.4 trillion for fiscal 2023.
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Nordberg said:
Biden proposed a tax on corporations and the wealthy tax evaders. The Repubs killed it. That would have cut his contribution to the debt drastically. Biden had it all figured out, but the Reds wanted to sabotage him as much as they could. I guess rightys love it that the wealthy and corporations do not have to pay taxes.
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Why not tell him to reduce spending instead of raising taxes
 
Nordberg said:
Biden proposed a tax on corporations and the wealthy tax evaders. The Repubs killed it. That would have cut his contribution to the debt drastically. Biden had it all figured out, but the Reds wanted to sabotage him as much as they could. I guess rightys love it that the wealthy and corporations do not have to pay taxes.
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wait, if he had it "all figured out" how could have Republicans fucked it up by not raising taxes?.......The Demmycunts controlled both houses of Congress.......I guess the lefties love it that Biden has outspent Trump because THEY didn't raise taxes.....
 
Nordberg said:
Biden proposed a tax on corporations and the wealthy tax evaders. The Repubs killed it.
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Good. Such a tax is unconstitutional.
Nordberg said:
That would have cut his contribution to the debt drastically.
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No. It makes no difference, even if you took ALL their wealth.
Nordberg said:
Biden had it all figured out,
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Biden can't figure out what planet he is on or how to tie his shoes. Hit greatest nemesis is a set of stairs and a teleprompter.
Nordberg said:
but the Reds wanted to sabotage him as much as they could.
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Biden can sabotage himself quite well enough on his own.
Nordberg said:
I guess rightys love it that the wealthy and corporations do not have to pay taxes.
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They do.
 
floridafan said:
Do you enjoy posting total bullshit? A ball game doesn't end in the 4th inning, its the final score that counts, and no matter how you spin it, Trump added $8 trillion to our deficit.
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nope......that ball game ended when the demmycrats took over Congress.......Pelosi went to the pitcher's mound and added $5T of that......
 
floridafan said:
Do you enjoy posting total bullshit? A ball game doesn't end in the 4th inning, its the final score that counts, and no matter how you spin it, Trump added $8 trillion to our deficit.
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The deficit is NOT the debt, dumbass. Since 2020, DEMOCRATS have added $6 trillion to the debt. In the period from 2016 to 2020, DEMOCRATS have added $7 trillion to the debt. Since Obama first took office, the debt as TRIPLED...almost all of it by a Democrat Congress.

DEMOCRATS added to the debt. Trump is not Congress.

Interest on servicing all this debt will soon become the 3rd largest budget item, exceeding the entire military budget.
The two LARGEST budget items (and have been for a long time) is communism in the form of Social Security and Medicare/Medicaid.

Source: Constitution of the United States, US Treasury Dept, Federal Reserve.
 
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Into the Night said:
The deficit is NOT the debt, dumbass. Since 2020, DEMOCRATS have added $6 trillion to the debt. In the period from 2016 to 2020, DEMOCRATS have added $7 trillion to the debt. Since Obama first took office, the debt as TRIPLED...almost all of it by a Democrat Congress.

DEMOCRATS added to the debt. Trump is not Congress.

Interest on servicing all this debt will soon become the 3rd largest budget item, exceeding the entire military budget.
The two LARGEST budget items (and have been for a long time) is communism in the form of Social Security and Medicare/Medicaid.

Source: Constitution of the United States, US Treasury Dept, Federal Reserve.
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IF, the Democrats added anything to the debt, the great Donald would have to approved it, would have to sign off on it, so once again its HIS debt.
 
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