20 Aug 2024 2:06 pm
*Huey » 20 Aug 2024, 1:45 pm » wrote: ↑ 5. Barack Obama (2009 to 2017)
When looking at which president added the most to the national debt in dollar amounts, President Barack Obama takes the lead.17 Obama’s efforts to spur recovery from the Great Recession through his $832 billion stimulus package and $858 billion in tax cuts contributed to the rise in national debt during his presidency.1221Committee for a Responsible Federal Budget. "Tax Cut Compromise a Costly “Deal”."
https://www.investopedia.com/us-debt-by ... ge-7371225
Obama incurred more debt than any other president
The post comes after weeks of standstill between President Joe Biden and House Speaker Kevin McCarthy over the issue of raising the debt ceiling, which limits how much the government can borrow, as USA TODAY reported. But contrary to the post’s claim, the total federal debt increased more under former President Barack Obama than it did under the Trump administration, according to David Primo, a political science and business administration professor at the University of Rochester.
https://www.usatoday.com/story/news/fac ... 252480007/
The debt Obama incurred didn't stop. Obamacare costs will rise forever.