10 sats \ 3 replies \ @oliverweiss 3h \ on: Debt Wager: U.S. National Debt Over 40trn by Independence Day Next Year? bitcoin
36trn only? How much trns have been added in the last four years? Trump “contributed” with like 8 trns or similar figure during his administration - yeah, this Trump who had nothing to do with the inflation whatsoever. Is it possible to bet on the us debt in four years.
nope, this is a myth.
It was even my original MONEY CLASS!
#733580
reply
Can you comment on the numbers from June 2024 shown here?
President Trump approved $8.4 trillion of new ten-year borrowing during his full term in office, or $4.8 trillion excluding the CARES Act and other COVID relief.
President Biden, in his first three years and five months in office, approved $4.3 trillion of new ten-year borrowing, or $2.2 trillion excluding the American Rescue Plan.
President Trump approved $8.8 trillion of gross new borrowing and $443 billion of deficit reduction during his full presidential term.
President Biden has so far approved $6.2 trillion of gross new borrowing and $1.9 trillion of deficit reduction.
reply
@remindme in 1 day
reply