Federal Debt Up $2.65 Trillion Since Biden’s Inauguration

Posted on AllSides May 4th, 2022
From The Right
Photo by Julie Bennett/Getty Images

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,...

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