Alweysrite!
Gold Member
- Mar 31, 2026
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The national debt has increased by around $3.5 trillion under the Biden administration, as data from Statista shows, currently standing at $31.46 trillion. Year-on-year the debt has never decreased since 1957, according to Treasury data.
GOP BUDGET BUSTING 101
OK People let's get to the topic of debt, how we got here ($39+ trillion) and how GOP policy vs Democratic policies influenced it.
If you don't want to bring actual facts or data, just stand off
From 1945 to 1980 the US debt to GDP was shrinking. Measuring the debt via GDP accounts for population growth and inflation, and it's how every credible economist or nation measures revenues and expenses
US debt to GDP ABOUT 119% IN 1945, THE HIGHEST EVER TO THAT TIME
US DEBT TO GDP IN 1980 was 31%
What were we hearing from the GOP at that time? Let's take a ;look at Ronnie...
YET STILL THEY GRIFT IT
Who Added More to the National Debt - Trump or Biden? - Bill King Blog
www.billkingblog.com
But then, heading into the 2024 elections, Biden and the Democrats went on a spending binge, adding $4.8 trillion to the debt in 2023 and 2024, driving the debt-to-GDP ratio back to the nose-bleed level of 128%. Considering that the economy had largely recovered from the pandemic, that kind of fiscal stimulus made no economic sense and worked at cross purposes to the Federal Reserve’s efforts to reduce inflation.
The tweet stated: "BIDEN: 'In my first two years, I reduced the debt by $1.7 trillion.'
"That's a complete lie. Biden has not decreased the $31+ trillion national debt.
Fact Check: Did Joe Biden bring down national debt by $1.7 Trillion?
President Joe Biden's clash with House Republicans over the debt ceiling could lead to a default.



