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.

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.

Graph and download economic data for Federal Surplus or Deficit - from 1901 to 2024 about budget, federal, and USA.

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.

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.

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.

Analysis of ‘🪧 U.S. Presidents and Debt’ provided by Analyst-2 (analyst-2.ai), based on source dataset retrieved from https://www.kaggle.com/yamqwe/u-s-presidents-and-debte on 13 February 2022.

--- Dataset description provided by original source is as follows ---

About this dataset

All U.S. presidents since WWII and their impact on the U.S. debt

This dataset lists each president's impact on the U.S. debt since World War II to the present (2016), starting with Harry S. Truman to Barack Obama. The data is presented in two different ways:

• By President - inclusive of all terms served
  • Lists the term debt increase percentage
• Annual breakdown - from 1949 to 2016
  • Lists the annual debt increase percentage

The data also includes some meta information such as the term periods and lifespan, age, and party of each president.

Source

This dataset was created by Kevin Nayar and contains around 0 samples along with Party, Date Died, technical information and other features such as: - Age - Party - and more.

How to use this dataset

• Analyze Date Died in relation to Age
• Study the influence of Party on Date Died
• More datasets

Acknowledgements

If you use this dataset in your research, please credit Kevin Nayar

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--- Original source retains full ownership of the source dataset ---

Graph and download economic data for Federal Debt: Total Public Debt (GFDEBTN) from Q1 1966 to Q1 2025 about public, debt, federal, government, and USA.

By 2034, the gross federal debt of the United States is projected to be about 54.39 trillion U.S. dollars. This would be an increase of around 21 trillion U.S. dollars from 2023, when the federal debt was around 33 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.

Summarizes the U.S. government's total outstanding debt at the end of each fiscal year from 1789 to the current year.

Total outstanding debt of the U.S. government reported daily. Includes a breakout of intragovernmental holdings (federal debt held by U.S. government) and debt held by the public (federal debt held by entities outside the U.S. government).

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.

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.

During the first five months of 2020, democratic presidential candidate Michael Bloomberg spent 4.36 million U.S. dollars on Facebook ads related to the topic of economy. Current president of the United States, Donald Trump, ranked third, having spent 733 thousand dollars on Facebook ads related to economy issues.

The United States recorded a trade deficit of 71.52 USD Billion in May 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.

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

Graph and download economic data for Gross Federal Debt (FYGFD) from 1939 to 2023 about gross, debt, federal, and USA.

Interactive chart of historical data comparing the level of gross domestic product (GDP) with Federal Debt.

In the 2020 U.S. presidential race, Democratic candidates spent a total of roughly **** billion U.S. dollars, more than any other election. The total spending of presidential candidates is reflected in the number of major presidential candidates running. See here for more information on how many candidates have run in past U.S. elections.

The Politbarometer has been conducted since 1977 on an almost monthly basis by the Research Group for Elections (Forschungsgruppe Wahlen) for the Second German Television (ZDF). Since 1990, this database has also been available for the new German states. The survey focuses on the opinions and attitudes of the voting population in the Federal Republic on current political topics, parties, politicians, and voting behavior. From 1990 to 1995 and from 1999 onward, the Politbarometer surveys were conducted separately in the eastern and western federal states (Politbarometer East and Politbarometer West). The separate monthly surveys of a year are integrated into a cumulative data set that includes all surveys of a year and all variables of the respective year. The Politbarometer short surveys, collected with varying frequency throughout the year, are integrated into the annual cumulation starting from 2003.