Posted inBiden, Joseph R Jr Bush, George W Federal Budget (US) Medicare National Debt (US) Obama, Barack Recession and Depression Stimulus (Economic) Taxation Trump, Donald J United States Economy United States Politics and Government
How the U.S. Government Amassed $31 Trillion in Debt
Two decades of tax cuts, recession responses and bipartisan spending fueled more borrowing — contributing $25 trillion to the total and setting the stage for another federal showdown.