Quote:
Originally Posted by dewilson58
Unfortunately, everyone does math differently. Attached are numbers from Forbes' January 2018 article:
Reagan
Started Presidency: $965 billion
Ended Presidency: $2.74 trillion
H.W. Bush
Started Presidency: $2.74 trillion
Ended Presidency: $4.23 trillion
Clinton
Started Presidency: $4.23 trillion
Ended Presidency: $5.77 trillion
W. Bush
Started Presidency: $5.77 trillion
Ended Presidency: $11.1 trillion
Obama
Started Presidency: $11.1 trillion
Ended Presidency: $19.85 trillion
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Wishing folks on here would use facts......PLEASE
As projected in the FY 2019 budget, Trump plans to add $8.282 trillion, a 41-percent increase from the $20.245 trillion debt at the end of Obama's last budget for FY 2017. He will add almost as much in four years as Obama did in eight. That would also make him the second-biggest contributor to the debt in history in just one term.
FY 2021 - $1.119 trillion.
FY 2020 - $1.198 trillion.
FY 2019 - $1.225 trillion.
FY 2018 - $1.233 trillion.
US Debt by President: By Dollar and Percent
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"This year, FY 2018, the federal government in its latest budget has estimated that the deficit will be $833 billion."
US Federal Deficit by Year - plus charts and analysis
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And since you are enamored with FORBES....
"The U.S. Federal deficit was $587 billion in Obama’s last year and it grew to $666 billion in Trump’s first year of his presidency. I’ve been reviewing a report from the U.S. Treasury Department, which shows that the U.S. Federal Deficit will probably increase this year (fiscal 2018), could come close to if not exceed $1 trillion in fiscal 2019 and will likely exceed $1 trillion in fiscal 2020 and beyond. And this is before the additional deficits created by the tax reform bill and the just passed two year budget. Note that the U.S. fiscal year ends in September."
Trump's Federal Budget Deficit: $1 Trillion And Beyond
Also.......
Don't Blame Obama For Doubling The Federal Deficit
Lets check on what the WH's own folks say..
"The White House’s midyear budget projections see federal deficits surpassing $1 trillion in 2019.
In an annual budget review, the White House’s Office of Management and Budget (OMB) estimated that new legislation enacted since the release of its February budget — alongside new projections on other spending and receipts — would add $101 billion more to the 2019 deficit, pushing it above $1 trillion."
White House budget projects $1 trillion deficit in 2019 | TheHill