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<< Political Timelines

Republican Deficits

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October 1st, 2022

(Biden) 2022 Deficit: $1.375 Trillion (-$1.325 Trillion)

For fiscal year 2022, the US deficit fell by $1.325 Trillion, the biggest decrease in US history.
Sources: CNBC
October, 2021

(Biden) 2021 Deficit: $2.7 Trillion (-$360 Billion)

For fiscal year 2021, the US deficit fell by $360 billion in Biden's first year.
Sources: AP News
October 1st, 2021

All House and Senate Republicans Vote to Default on Debt They Created

Sources: Business Insider
August 10th, 2021

After Passing Tax Cuts For the Rich While Ignoring the Growing Deficit Under Trump, Republicans Are Trying to Prevent the Infrastructure Bill Out of Concern for...the Deficit

October, 2020

(Trump) 2020 Deficit: $3.1 Trillion (+$2.116 Trillion)

The biggest deficit in US history is recorded for fiscal year 2020.
Sources: CBO.gov
July 13th, 2020

(Trump) 2020 First 9-Months Deficit: $2.7 Trillion (+$1.716 Trillion)

Sources: Washington Post
March 27th, 2020

2020 Deficit Could Approach $4 Trillion

Sources: Forbes
October 1st, 2019

(Trump) 2019 Deficit: $984 Billion (+$205 Billion)

Sources: Yahoo Finance MSNBC Newsweek
October 1st, 2018

(Trump) 2018 Deficit: $779 Billion (+$113 Billion)

Sources: crfb.org NY Times
October 1st, 2017

(Trump) 2017 Deficit: $666 Billion (+$79 Billion)

Sources: MarketWatch CNN
October 1st, 2016

(Obama) 2016 Deficit: $587 Billion

Sources: crfb.org
April 2nd, 2016

Trump Promises to Eliminate the Debt in 8 Years

Sources: The Hill