Obama Debt

The Math That Seems Simple Obama added 9 trillion in debt during his term.

Obama debt. In total debt levels increased by 834 trillion 70 from 119 trillion in 2009 to 202 trillion in 2017. This makes him the President with the eleventh largest increase in National Debt in Presidential history. The President could request a further increase of 500 billion which is subject to a congressional motion of disapproval which the President may veto in which case a two-thirds majority in Congress would be needed to override the veto.

None of them because there are three ways to look at the debt added by any president. President Obama holds the title for growing the national debt the most dollar-wise. President Barack Obama on Tuesday signed into law a last-minute compromise plan to raise the nations 143 trillion debt ceiling narrowly averting what could have been an unprecedented default.

Obama and the Debt. Under President Obama the national debt grew the most dollar-wise 86 trillion but was fifth in terms of percentage. On January 2 2015 that debt was in excess of 13T.

Trump realDonaldTrump November 30 2017 Hes right. When Obama took office on Jan. Former President Obama left office having added 93 trillion to the national debt according to numbers from the Treasury Department.

Graph and download economic data for Federal Debt Held by the Public FYGFDPUN from Q1 1970 to Q3 2020 about public debt federal and USA. Feb 13 2020 debt was 2330529715113397. President Trump has only been in office for about 10 months.

Depending on who you ask President Barack Obama added anywhere from 28 trillion to 9 trillion to the national debt. When he left the White House on January 20 2017 it was 19947 trillion. Gross federal debt which includes the amount owed to Social Security and other government accounts nearly but did not quite double.