Federal Debt Up $2.65 Trillion Since Biden’s Inauguration

The federal debt has increased by $2,650,725,664,597.74 since President Joe Biden was inaugurated on Jan. 20, 2021, according to the official numbers published by the U.S. Treasury.

At the close of business on Biden’s Inaugural Day, the federal debt stood at $27,751,896,236,414.77, according to the Treasury. At the close of business on Monday, the most recent day for which the numbers are available, the debt was $30,402,621,901,012.51.

The increase from the $27,751,896,236,414.77 debt on Biden’s Inaugural day to the $30,402,621,901,012.51 on Monday equals $2,650,725,664,597.74.

So far, the Treasury has published the tax, spending and deficit numbers for each of the first fourteen full months of Biden’s presidency (February 2021 through March 2022). In 13 of those 14 months, according to the latest Monthly Treasury Statement, federal spending has exceeded federal revenues and the federal government has run a deficit.