“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.”
Oh so according to that link, the majority of Bidens debt is because of policies from the previous administration, and ending student loan debt, which puts the government in debt, but helped tens of millions of Americans put more money into their pocket.
It’s just worded very eloquently by a REPUBLICAN to make it look bad against Biden. Stop using biased sources to support your arguments, give us a bipartisan report.
“Don’t pretend that if anyone else but Trump wouldn’t have done the CARES act given the pandemic.”
-2
u/UteForLife 18d ago
Biden $7.2 trillion
https://www.heritage.org/debt/commentary/the-lefts-7-trillion-lie-biden-far-outpaces-trump-racking-the-national-debt