Federal Debt Has Now Climbed $3 Trillion Under Biden

E

Earl

Well-known member
Federal Debt Has Now Climbed $3 Trillion Under Biden

Americans that work have to pay for ALL those that do not work and do not want to work.


- The federal debt has now increased by more than $3 trillion during President Joe Biden’s time in office, according to the numbers published by the U.S. Treasury on its “Debt to the Penny” webpage.

On Jan. 20, 2021, the day Biden was inaugurated, the total federal debt was $27,751,896,236,414.77. As of the close of business on Aug. 25, 2022, the latest day for which the Treasury has released the debt numbers, the total federal debt stood at $30,824,380,608,762.88.
That debt of $30,824,380,608,762.88 is $3,072,484,372,348.11 more than the $27,751,896,236,414.77 in total federal debt at the time of Biden’s inauguration.


https://www.cnsnews.com/article/wash...on-under-biden
 
Last edited:
United States Gross Federal Debt to GDP - Trading Economics
https://tradingeconomics.com › United States
In the long-term, the United States Gross Federal Debt to GDP is projected to trend around 138.50 percent of GDP in 2023 and 139.40 percent of GDP in 2024,

Our national debt will exceed the total of goods and services by 38% in 2023.

Chapter 11 bankruptcy.
 
United States Gross Federal Debt to GDP - Trading Economics
https://tradingeconomics.com › United States
In the long-term, the United States Gross Federal Debt to GDP is projected to trend around 138.50 percent of GDP in 2023 and 139.40 percent of GDP in 2024.

United States Government debt accounted for 126.8 % of the country's Nominal GDP in Jun 2022, compared with the ratio of 128.9 % in the previous quarter.

https://www.ceicdata.com/en/indicator/united-states/government-debt--of-nominal-gdp

Our national debt will exceed the total of goods and services by 38% in 2023.

Chapter 11 bankruptcy
 
Please update your email address with Das Zentralbüro, bitte. Deficits and debts only matter when a (D) is president.
 
This is the typical extreme right wing fake news site.

CNS News

Overall, we rate CNS News Questionable based on extreme right-wing bias, promotion of propaganda, and numerous failed fact checks.

Reasoning: Propaganda, Some Fake News
Bias Rating: FAR RIGHT
Factual Reporting: LOW
Country: USA
Press Freedom Rank: MOSTLY FREE
Media Type: Website
Traffic/Popularity: Medium Traffic
MBFC Credibility Rating: LOW CREDIBILITY

https://mediabiasfactcheck.com/cns-news/
 
Since this obscenity who is now president has a national debt that exceeds the GDP by 26% and is projected to be 38% by next year, the exigency exits now, not in the past.
 
Trumpet said:
This is the typical extreme right wing fake news site.

CNS News

Overall, we rate CNS News Questionable based on extreme right-wing bias, promotion of propaganda, and numerous failed fact checks.

Reasoning: Propaganda, Some Fake News
Bias Rating: FAR RIGHT
Factual Reporting: LOW
Country: USA
Press Freedom Rank: MOSTLY FREE
Media Type: Website
Traffic/Popularity: Medium Traffic
MBFC Credibility Rating: LOW CREDIBILITY

https://mediabiasfactcheck.com/cns-news/
Click to expand...

Refute the figures, Trumper.

I will wait.
 
Earl said:
Refute the figures, Trumper.

I will wait.
Click to expand...

Earl, why would anyone with any commonsense waste their time trying to refute the disinformation from a well known fake news site?????????????????
 
Trumpet said:
Earl, why would anyone with any commonsense waste their time trying to refute the disinformation from a well known fake news site?????????????????
Click to expand...

They are cold hard statistics, Trumper.

If you have a different source that shows them wrong, list them.

I’ll wait.
 
Trumpet said:
Just to list a few sites, and there are plenty more sites about the debt raising under Trump.

Market Realist

Why the U.S. National Debt Rose to $7.8 Trillion Under Trump

https://marketrealist.com/p/national-debt-under-trump/


President Trump's Impact on the National Debt

The national debt increased by almost 36% during Trump's tenure

https://www.thebalance.com/trump-plans-to-reduce-national-debt-4114401
Click to expand...

Those figures for Trump are for four years, Trumper.

My figures for Biden are for 1 year 8 months.

United States Gross Federal Debt to GDP - Trading Economics
https://tradingeconomics.com › United States
In the long-term, the United States Gross Federal Debt to GDP is projected to trend around 138.50 percent of GDP in 2023 and 139.40 percent of GDP in 2024.

United States Government debt accounted for 126.8 % of the country's Nominal GDP in Jun 2022, compared with the ratio of 128.9 % in the previous quarter.

https://www.ceicdata.com/en/indicato...of-nominal-gdp

Our national debt will exceed the total of goods and services by 38% in 2023.
 
You must log in or register to reply here.
Back
Top