Two Centuries of Debt in 27 Months

From March 2020 to June 2022, a span of just 27 months, the federal government added $7 trillion to the national debt as a result of a massive spending spree. It took the government 215 years, from George Washington to George W. Bush, to initially reach $7 trillion in debt.

Historical data also from Treasury.

floor chart

Created June 29, 2022

Source: Treasury Department

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