Trump ran up national debt twice as much as Biden: new analysis

Former President Trump ran up the national debt by about twice as much as President Biden, according to a new analysis of their fiscal track records.

Why it matters: The winner of November's election faces a gloomy fiscal outlook, with rapidly rising debt levels at a time when interest rates are already high and demographic pressure on retirement programs is rising.

Both candidates bear a share of the responsibility, as each added trillions to that tally while in office.

But Trump's contribution was significantly higher, according to the fiscal watchdogs at the Committee for a Responsible Federal Budget, thanks to both tax cuts and spending deals struck in his four years in the White House.