2016, Obama's last year, the deficit was $585b
Trump's first three years
The deficit in 2017 was $665b
The deficit in 2018 was $779b
The deficit in 2019 when the Democrats took over Congress $984.
The deficit in 2020 with a Democrat controlled Congress along with Trump initiatives to combat COVID was $3,132 because the government had to cover most of the population that the government was not allowing to work.
Obama's first four years:
The deficit in 2009 was $1,413b
The deficit in 2010 was $1,294b
The deficit in 2011 was $1,300b
The deficit in 2012 was $1,077b
Biden's first year:
The deficit in 2021 was $2772
The deficit this year is projected to be $1,000b which may or may not hold up. It won't be less than that.
Do you want to try again to demonize Republicans over the deficit issue?
The federal budget deficit rises when government spending is high, such as during wars or recessions. Budget deficits cause the national debt to grow.
www.thebalancemoney.com