Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.
By 2035, the gross federal debt of the United States is projected to be about 59.3 trillion U.S. dollars. This would be an increase of around 24 trillion U.S. dollars from 2024, when the federal debt was around 35 trillion U.S. dollars. The federal debt of the U.S. The federal debt, also called the national debt or public debt, is the amount of debt held by the United States government. This debt may be to other countries, or to different departments within the government itself. The public debt of the United States has increased significantly over the past 30 years, as it was around 3.2 trillion U.S. dollars in 1990 and surpassed 30 trillion dollars for the first time in 2022. When broken down per capita, the national debt amounted to about 80,885 U.S. dollars of debt per person in the United States in 2021. The problem of the federal debt Over the past decade, the federal debt limit in the United States has increased significantly. The U.S. debt ceiling can only be changed by an act of Congress which is then signed by the president. The raising of the ceiling has become a recurring political issue in recent years, especially during times when the Presidency and chambers of Congress are controlled by different parties. The debt ceiling is a tool that allows the Treasury to issue bonds without congressional approval, allowing for efficiency in the way that the government pays for programs and services. It is thought to be further valuable in that it keeps federal finances in check. However, when the two parties are unable to come to an agreement on raising the debt ceiling, the government comes to a shutdown because they can no longer fund themselves. The Republican Party in particular often positions itself against raising the federal debt ceiling, characterizing themselves as the party of fiscal conservativism. However, analyses have shown that both parties have contributed to the country's debt in almost equal measures.
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Graph and download economic data for Federal Surplus or Deficit - from Oct 1980 to Jul 2025 about budget, federal, and USA.
In September 2024, the national debt of the United States had risen up to 35.46 trillion U.S. dollars. The national debt per capita had risen to 85,552 U.S. dollars in 2021. As represented by the statistic above, the public debt of the United States has been continuously rising. U.S. public debt Public debt, also known as national and governmental debt, is the debt owed by a nations’ central government. In the case of the U.S., national debt is owed by the federal government to Treasury security holders. Generally speaking, government debt increases with government spending, and can be decreased through taxes. During the COVID-19 pandemic, the U.S. government increased spending significantly to finance virus infrastructure, aid, and various forms of economic relief. International public debt Venezuela leads the global ranking of the 20 countries with the highest public debt in 2021. In relation to the Gross Domestic Product (GDP), Venezuela's public debt amounted to around 306.95 percent of GDP. Eritrea was ranked fifth, with an estimated debt of 170 percent of the Gross Domestic Product. The national debt of the United Kingdom is forecasted to grow from 87 percent in 2022 to 70 percent in 2027, in relation to the Gross Domestic Product. These figures include England, Wales, Scotland as well as Northern Ireland. Greece had the highest national debt among EU countries as of the 4th quarter of 2020 in relation to the Gross Domestic Product. Germany ranked 13th in the EU, with its national debt amounting to 69 percent of GDP in the same time period. Tuvalu was one of the 20 countries with the lowest national debt in 2021 in relation to the GDP, while Macao had an estimated level of national debt of zero percent, the lowest of any country. The data refer to the debts of the entire state, including the central government, the provinces, municipalities, local authorities and social insurance.
In 2023, the U.S. government had a budget deficit of 1.69 trillion U.S. dollars. This is compared to 2000, when the government had a budget surplus of 0.24 trillion U.S. dollars.
U.S. Government budget
The government budget is a financial statement that demonstrates the government’s suggested revenues and spending for the financial year. Budget surpluses occur when income exceeds expenditures. Budget deficits occur when spending exceeds income. The budget balance of the U.S. government has fluctuated since 2016, and is expected to decrease slightly by 2026.
Military spending
Defense outlays in the United States amounted to 714 billion U.S. dollars in 2020. It is expected to continue to increase over the next several years. The United States currently has the largest defense budget in the world, and is the largest employer in the world. The military budget funds the Army, Marine Corps, Navy, and Air Force. The amount of funding that goes towards the Department of Defense is heavily criticized by Democrats in the United States, because they believe that the funding should be more evenly distributed towards other social welfare programs such as public health insurance and education.
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Graph and download economic data for Federal Surplus or Deficit [-] as Percent of Gross Domestic Product (FYFSGDA188S) from 1929 to 2024 about budget, federal, GDP, and USA.
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The United States recorded a Government Debt to GDP of 124.30 percent of the country's Gross Domestic Product in 2024. This dataset provides - United States Government Debt To GDP - actual values, historical data, forecast, chart, statistics, economic calendar and news.
Summarizes the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year.
Ronald Reagan's performance as President, his health, and his age were a central focus of this survey. Respondents also were questioned regarding the nation's economy, their personal financial situations and expectations, their impressions of a number of public figures, the federal budget deficit, government spending policies, education, 'Star Wars,' cancer, American and Soviet spying, and major league baseball. Demographic characteristics of respondents also were recorded.
The forecasted budget balance for the U.S. government is predicted to fluctuate between the fiscal years of 2025 and 2035. This forecast predicts a deficit of 2.7 trillion U.S. dollars by fiscal year 2035. A fiscal year covers the period from October 1 to September 30 of a given year.
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Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q2 2025 about public, debt, federal, government, and USA.
https://www.icpsr.umich.edu/web/ICPSR/studies/3711/termshttps://www.icpsr.umich.edu/web/ICPSR/studies/3711/terms
This poll is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked to give their opinions of President George W. Bush and his handling of the presidency, foreign policy, and the economy. In addition, respondents were asked to give their opinions of the current economy, and whether it was getting better or worse. Respondents were asked to rate the Democratic and Republican parties as favorable or unfavorable, to indicate whether they believed that Democrats or Republicans had clear plans for the United States and whether there were differences in what each party stood for, and to specify the most important difference between the two parties. Respondents were asked if they voted for United States House of Representatives, what issue was the most important in deciding their vote for House representatives, whether their vote for Congress was a vote for or against President Bush and his policies, whether they would vote for President Bush again in 2004, whether the Democrats should nominate Al Gore, whether they were pleased or disappointed by the outcome of the November elections, and whether it was better or worse to have a president from the same political party that controlled Congress. Respondents were asked to give their opinions on Republicans' control of Congress: whether the United States would be more secure from terrorist attacks, whether the economy would improve, whether taxes would increase or decrease, whether the respondents' families' financial situations would improve, whether big business would have more influence in Washington, whether federal courts would be more conservative, how likely war in Iraq was a result of Republican control in Congress, and whether environmental problems would improve. Respondents were asked how much they believed President Bush cared about their needs and problems and those of Blacks, whether they had confidence in President Bush to deal with an international crisis and the economy, whether his political views were liberal, moderate, or conservative, and whether the religious right had too much or too little influence on the Bush administration. Respondents were asked to give their opinions on tax issues, particularly on: whether the tax cuts were a good idea, whether the tax cuts made a difference in the amount of money retained after taxes, whether they believed the government could reduce the federal budget deficit while cutting taxes, whether they preferred a tax cut or reduced deficit, the effect of the tax cuts on the economy, who benefited most from the tax cuts, whether the tax cuts should be made permanent, and whether using the budget surplus to cut taxes was the best thing to do. Opinions were elicited regarding the environment: whether the federal government was doing enough regulating environmental and safety practices of business, whether requirements and standards can be set too high, whether or not the Arctic National Wildlife Refuge in Alaska should be approved for oil drilling, whether producing energy or protecting the environment was more important, and what President Bush believed was more important. Respondents were asked whether Social Security would have money available upon their retirement, whether allowing individuals to invest their Social Security taxes on their own was a good idea, and whether the government should make up any losses incurred. On the subject of courts, respondents were asked whether newly court-appointed judges should be reviewed and confirmed by Congress, whether Congress should review and approve judges appointed by President Bush, and whether President Bush's nominees would be more conservative than tolerable. Regarding estate taxes, respondents were asked if they believed that there should be an estate tax for thelargest estates or no estate tax whatsoever, and whether they approved of President Bush's or the Democrats' proposal on estate taxes. Respondents were asked to give opinions on terrorism: whether the Bush administration had a clear plan, whether the government would fail to enact strong anti-terrorism laws or the new anti-terrorism laws would excessively restrict the average person's civil liberties, whether they were willing to allow government agencies to monitor phone calls and emails, and whether t
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Direction of country (1); Barack Obama job performance (1); Obama handling economy (1); Obama handling foreign policy (1); Obama handling war in Afghanistan (1); Congressional job performance (1); rating public figures, groups, organizations (12); role of government (1); Obama re-elected for president (1); party control of congress (1); confidence in congress (1); Republican congress bring right change (1); partisanship (1); party vote in primary election (1); Republican 2012 presidential nominees (3); candidate positions affecting vote (1); Tim Pawlenty vs. Barack Obama (1); Mitt Romney vs. Barack Obama (1); candidates possessing skills for presidency (1); positions for presidential candidates (1); Romney's stance on healthcare (1); party with influence on special interest groups/lobbyists (1); party influenced by special interest groups/lobbyists (1); economic outlook (1); personal economic situation (1); effects of stimulus (1); Obama administration responsible for economic situation (1); George W. Bush administration responsible for economic situation (1); economic situation inherited by Obama (1); role of government/congress in handling economy/budget deficit (1); economic recession (1); heading toward another recession (1); government loans to auto companies (1); cutting federal spending (1); recent events affecting respondent (1); federal debt ceiling (2); Medicare (3); reducing troops in Afghanistan (1); death of Osama bin Laden (1); Obama handling situation in Libya (1); military operations in Libya (1); television news source (1).
This poll is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of political, social, and economic issues. Conducted by ABC News in August of 1992, the poll focused on topics such as the effect of Ross Perot's withdrawal from the presidential race on voting preferences, evaluations of the current presidential and vice-presidential candidates, perceived responsibility for current economic conditions, and the federal government's lack of action on major problems facing the nation, the economy, and the budget deficit. Respondents were asked to rate the likelihood of their voting in the upcoming presidential election in light of their personal daily schedules and to indicate their voting preferences and strength of support for Bush, Clinton, and Perot. The poll also assessed how favorably respondents viewed the current presidential and vice-presidential candidates, and whether the respondent was satisfied that each candidate had the honesty, integrity, and ability to understand the problems of the average American and to serve effectively as president. Respondents were also asked to indicate which candidate would do the best job of dealing with family values, foreign affairs, the economy, the budget deficit, bringing needed change to government, and taxes. Bush and Clinton were also evaluated with regard to whether they had a vision for the future of the country, would get things done, and could be trusted in a crisis. Respondents were asked whether Bush or the Democrats in Congress were most responsible for the current economic conditions and the federal government's failure to act on major problems. With respect to the economy, respondents were asked whether they would be willing to contribute a percentage of their tax returns if it lowered the deficit by the same percent, whether the economy was getting better or worse, and which was more important: cutting federal taxes or spending more on domestic problems. Other items included respondents' assessments of the economic level of people Bush cared most about, and whether the United States should bomb Iraq if it believed Iraq was not in compliance with the terms of the cease-fire agreement. Demographic information includes political affiliation, political conservatism/liberalism, education, age, race, and gender.
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This poll, conducted January 14-18, 2005, is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked to give their opinions of President George W. Bush and his handling of the presidency and issues such as the campaign against terrorism and the situation in Iraq. Those polled stated their opinions of Vice President Dick Cheney and the Republican and Democratic parties, how well the United States Congress was doing its job, and whether things were currently going better in the United States than five years ago. Respondents voiced their concerns about the most important problem facing the country, the condition of the national economy, their own household's financial security, and whether various things such as the federal budget deficit would be different by the end of President Bush's second term in office. Views were sought on Iraq's upcoming elections, how much the Bush Administration knew about the presence of weapons of mass destruction in Iraq prior to the war, whether military action should have been taken against Iraq, and whether the United States was winning the war on terrorism. Additional questions focused on abortion, Social Security and other retirement savings, federal income tax cuts, the recent flat tax rate proposal, the type of Supreme Court Justices that President Bush would be likely to nominate, the upcoming presidential inauguration, the recent tsunami in South Asia, and the effect of new technologies on respondents' lives. Demographic variables include age, sex, race, household income, education level, political party affiliation, political philosophy, religious affiliation, marital status, whether there were children in the household, and for whom the respondent voted in the 2004 presidential election.
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The United States recorded a trade deficit of 78.31 USD Billion in July of 2025. This dataset provides the latest reported value for - United States Balance of Trade - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.
https://www.icpsr.umich.edu/web/ICPSR/studies/3460/termshttps://www.icpsr.umich.edu/web/ICPSR/studies/3460/terms
This poll is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked to give their opinions of President George W. Bush and his handling of the presidency, the campaign against terror, foreign policy, the economy, and the general direction of the country, as well as their views of Vice President Dick Cheney, Congress, and Senate majority leader Tom Daschle. Respondents were asked for their opinions of the most important issue facing the country, the condition of the economy and whether it was changing, how much they trusted the government, what size government was ideal, whether Bush would compromise with Democrats in Congress to get things done, whether Democrats would compromise with Bush, whether either of them should compromise, and which one would more likely balance the budget. Respondents' opinions were probed regarding the Republican party, the Democratic party, and which was more likely to ensure prosperity, improve education, properly handle Social Security, ensure a strong military, ensure fair taxes, improve the health care system, protect the environment, balance the federal budget, deal with terrorism, and properly spend taxpayer money. Respondents were then asked about changes needed to the health care system, the importance of reducing prescription drug costs for the elderly, the importance of protecting the environment, how much Bush really controlled his administration, how respondents viewed his political philosophy and leadership qualities, their confidence in his abilities to make good decisions about the economy, how much he cared about people like them, which social class was favored by his administration, and how much big business influenced the Bush administration and Congress. Opinions were elicited about the state of the federal budget, how the recent tax cuts affected the economy, how fair the tax cuts were, whether the tax cuts were the best use of the surplus, whether tax cuts were worth the risk of a budget deficit, why a deficit was projected, whether a deficit was a good or bad thing, whether the war on terrorism was hurting domestic programs, whether tax cuts were hurting domestic programs, whether a candidate that advocated a balanced budget or tax cuts was preferred, and the bankruptcy of the energy trading Enron Corporation. Respondents were queried about who they thought had more seats in the House of Representatives, whether it mattered which political party controlled Congress, whether it was right to attack Afghanistan and countries hiding terrorists, how confident respondents were in the United States government's ability to capture terrorist Osama Bin Laden, the status of the war in Afghanistan, and the likelihood of another terrorist attack in the United States. Additional topics covered the state of respondents' personal finances, whether they would watch the January 29, 2002, State of the Union Address, and their voting intentions in the 2002 congressional elections. Background information on respondents includes gender, marital status, political party, political orientation, voter registration and participation history, children in household, religion, education, age, race, Hispanic origin, and household income.
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This poll is part of a continuing series of monthly surveys that solicit public opinion on the presidency and on a range of other political and social issues. Respondents were asked to give their opinions of President George W. Bush and his handling of the presidency, the economy, education, environmental issues, the federal budget, the campaign against terrorism, and Social Security, as well as their views on Congress, the Republican party, the Democratic party, First Lady Laura Bush, and Senate Majority Leader Tom Daschle. Those queried were asked which domestic and foreign policy issues should receive the administration's attention, which political party could be trusted to address these issues, and on what topics Bush should focus in his upcoming State of the Union speech. Respondents were asked to identify Bush's two most significant accomplishments and to assess his job performance during his first year in office. They were also asked whether Bush understood the problems of the average American, and whether big business, environmental groups, the oil/gas industry, and/or the American people had the appropriate amount of influence in the Bush administration. Opinions were elicited on the state of the nation's economy, how long the current economic recession would last, whether military spending or spending on social programs should be reduced to balance the federal budget, and whether the Bush administration was responsible for the budget deficit. Respondent views were sought on the 2001 collapse of the energy trading giant Enron Corporation. Topics covered whether the Enron situation was an isolated incident, whether new laws regulating corporate accounting practices or the enforcement of existing laws were necessary, the Bush administration's dealings with Enron, whether recipients of campaign contributions from Enron should disclose communications with Enron officials, and whether a full-scale federal investigation should be conducted. A series of questions addressed the ongoing war on terrorism. Topics covered respondent confidence in the ability of the United States government to prevent further terrorist attacks against Americans and to capture/kill Osama Bin Laden, whether his capture was necessary for the war to be considered a success, possible military action against Iraq to force Saddam Hussein from power, and whether non-citizens charged with terrorism should be put on trial in the United States court system or in a military tribunal. A series of questions focused on the benefits given to families of the victims of the September 11, 2001, terrorist attacks. Items focused on whether payments should be reduced for families that had other sources of financial benefits, whether victims of previous terrorist attacks should be paid similar benefits, and whether payments should be made to the families and victims of all future terrorist attacks. Respondents expressed their degree of confidence in the federal government's ability to actually solve a problem. Those queried gave their opinions on the amount of waste in military and domestic program spending by the United States government, whether they would rather work in the public or private sector, and whether a smaller government with fewer services or a larger government with many services was preferred. A series of questions focused on Saudi Arabia. Topics covered whether Saudi Arabia was an ally or enemy of the United States, the importance of maintaining good relations with them, and whether the United States was dependent on the oil it buys from Saudi Arabia. In addition, respondents were asked to give their views on whether the federal government should allow oil drilling in the Arctic National Wildlife Refuge in Alaska. Background information on respondents includes age, gender, political party, political orientation, voter registration and participation history, education, race, Hispanic descent, marital status, children in household, religion, labor union membership, urban/suburban/rural area of residence, whether close family/friends lost a job in the previous six months, and household income.
The United States federal government budget has allotted around ** billion dollars toward its 2025 civilian federal agency information technology budget. As leadership and government priorities change, the IT budgets allocated to different departments tend to follow suit. The Department of Energy's IT budget increased significantly by ** percent compared to the previous year, with *** billion U.S. dollars allocated in FY 2025. Similarly, the IT budget of the Department of Homeland security also increased by ** percent compared to the previous year, to around ** billion U.S. dollars for FY 2025. Meanwhile, the Office of Personnel Management saw its IT budget shrink the most among the civilian federal government agencies, decreasing by a staggering ** percent compared to FY 2024. Since the 2022 federal budget, figures do not include the portion of the budget allocated to the Department of Defense or other classified IT spending. U.S. government budget In the United States, huge shares of government expenditures go towards the Department of Health and Human Services as well as the Social Security Administration. Due in part to the country’s continually increasing budget, the government has run at an annual deficit since 2002, with its 2024 deficit estimated to over be around *** trillion dollars. Cybersecurity budget One of the main facets of the U.S. government IT budget is spending related to cybersecurity. Over ** billion U.S. dollars have been allocated towards cybersecurity in 2024. The Departments of Homeland Security and Justice have unsurprisingly had the highest cybersecurity budgets across all departments, given the sensitive nature of their work.
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Algeria Central Administration: Cash Deficit/Surplus data was reported at -833.300 DZD bn in 2022. This records an increase from the previous number of -1,618.900 DZD bn for 2021. Algeria Central Administration: Cash Deficit/Surplus data is updated yearly, averaging -156.200 DZD bn from Dec 1997 (Median) to 2022, with 26 observations. The data reached an all-time high of 1,154.700 DZD bn in 2006 and a record low of -2,621.700 DZD bn in 2015. Algeria Central Administration: Cash Deficit/Surplus data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Algeria – Table DZ.F001: Central Administration: Revenues and Expenditures.
Adding to national debt is an inevitable fact of being President of the United States. The extent to which debt rises under any sitting president depends not only on the policy and spending choices they have made, but also the choices made by presidents and congresses that have come before them. Ronald Reagan and George W. Bush President Ronald Reagan increased the U.S. debt by around **** trillion U.S. dollars, or ****** percent. This is often attributed to "Reaganomics," in which Reagan implemented significant supply-side economic policies in which he reduced government regulation, cut taxes, and tightened the money supply. Spending increased under President George W. Bush in light of the wars in Iraq and Afghanistan. To finance the wars, President Bush chose to borrow the money, rather than use war bonds or increase taxes, unlike previous war-time presidents. Additionally, Bush introduced a number of tax cuts, and oversaw the beginning of the 2008 financial crisis. Barack Obama President Obama inherited both wars in Iraq and Afghanistan, and the financial crisis. The Obama administration also did not increase taxes to pay for the wars, and additionally passed expensive legislation to kickstart the economy following the economic crash, as well as the Affordable Care Act in 2010. The ACA expanded healthcare coverage to cover more than ** million more Americans through programs like Medicare and Medicaid. Though controversial at the time, more than half of Americans have a favorable view of the ACA in 2023. Additionally, he signed legislation making the W. Bush-era tax cuts permanent.