Since President Joe Biden was inaugurated, the federal debt has increased by more than $7 trillion.
On Jan. 20, 2021, the day of Biden’s inauguration, it was $27,751,896,236,414.77, according to data published by the U.S. Treasury Department. As of this Fourth of July, it was $34,847,568,990,054.13.
That is an increase of $7,095,672,753,639.36—in less than four years.
No other president has increased the debt that much between his inauguration and the Fourth of July in his fourth year in office.
When President Donald Trump was inaugurated on Jan. 20, 2017, the debt was $19,947,304,555,212.49. On the Fourth of July in 2020—the year of the COVID-19 pandemic—it was $26,447,922,718,271.66.
That was an increase of $6,500,618,163,059.17.
When President Barack Obama was inaugurated on Jan. 20, 2009, the debt was $10,626,877,048,913.08. On the Fourth of July…
