Total Federal Debt Spikes $5T Under Biden
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(Worthy News) – The federal debt has now increased more than $5 trillion during President Joe Biden’s administration, according to data released by the U.S. Treasury.
When Biden was inaugurated on Jan. 20, 2021, the total federal debt was $27,751,896,236,414.77, according to the Treasury. By Aug. 22, 2023, it had climbed to $32,759,307,280,146.99—an increase of $5,007,411,043,732.22.
On Aug. 23, the debt declined modestly to $32,740,372,767,613.62, which brought the Biden-era increase back below the $5-trillion threshold (to $4,988,476,531,198.85). But then on Aug 24, it climbed again to $32,777,879,728,405.51; and on Aug. 25, it climbed to $32,810,223,546,146.86. [ Source: Daily Caller (Read More…) ]
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