Mr. Bernstein was the chair of President Joe Biden’s Council of Economic Advisers from 2023 to 2025. Budget hawks have fretted for decades about America’s deficits and debt, repeatedly advising our ...

U.S. national debt stands at over $36.2 trillion as of May 2025. A president’s decisions on how to spend government money, such as funding wars or providing government aid, affect the national debt.

The nonpartisan Congressional Budget Office is required by law to provide economic analyses on major legislation.

President Trump’s new spending bill will increase federal deficits, adding to a debt load that’s already grown more than 50% since 2020.

Donald Trump's 'One Big Beautiful Bill Act' cleared both chambers of Congress and now awaits the president’s signature to ...

It would add $3 trillion to the national debt. But it’s not too late to change ... overtime and other priorities put forward by Congress and the president; increase spending for ...

From Inauguration Day to May 5, debt held by the public rose by $37,238,323,646.66. Because this accounts for an influx of revenue around April Tax Day, the comparable window to compare Trump’s ...

So indeed, about $588 billion (+7%) more was added to the national debt during the Biden administration than during the first Trump term. However, as a percentage, the national debt increased by ...

On July 1, Balaji posted on X, stating, "The US is broke," and claimed there is "real debt" in excess of $175 trillion, ...

General U.S. debt and presidents statistics. During Barack Obama’s presidency, the U.S. total outstanding debt increased by almost $8.34 trillion, the biggest dollar increase of any president.