Biden added 7T to the national debt
Posted on: August 28, 2024 at 15:48:12 CT
Spanky KU
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The CBO’s projection for 2021, the last fiscal year of the Trump administration, forecast the federal debt to reach about $35.3 trillion by 2031, that is, over the next decade.
3½ years into the Biden administration, the latest estimates from the CBO project the debt will hit over $42.5 trillion by 2031.