President Joe Biden repeated this claim in Virginia Beach this afternoon. We earlier rated it Half True. “One quarter” of today’s $31.4 trillion federal debt “was accumulated in the four years of my predecessor,” Donald Trump.
ssor, Donald Trump, with a significant share of the blame for the nation’s $31.4 trillion federal debt.
We found that Biden is right on the numbers, but placing the full blame on Trump, as he seemed to do in his remark,is misguided., when Trump was inaugurated in January 2017, the gross federal debt stood at $19.9 trillion. When Biden took office, it was $27.8 trillion. So, the $7.9 trillion added on Trump’s watch was about 25% the amount of today’s total debt.
Generations of politicians in both parties approved and modified these programs long before Trump took office.
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