What Was The National Debt When Obama Took Office
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20 2017 it was 19 947 trillion.
What was the national debt when obama took office. When jimmy carter took office the debt was 669 2 billion. The debt grew 10 in trump s first 752 days and is projected to grow. The largest number comes from calculating how much the debt increased during obama s two terms.
When he left office on jan. 20 2009 the outstanding. The corresponding figure for january 20 2009 the day obama took office was 10 626 877 048 913 08.
Four years later at the end of his term the debt had risen to 964 5 billion. President obama entered office in early 2009 in the teeth of the great recession. The debt increased by 1 77 trillion during reagan s.
When obama took office on jan. 20 2009 the debt was 10 626 trillion. Debt on the day obama left office the u s.
Fy 2017 671 billion fy 2016 1 423 trillion. Former president obama left office having added 9 3 trillion to the national debt according to numbers from the treasury department. When asked for comment the white house did not specify what measure of debt trump was citing but economists often speak of public as opposed to total debt.
Added 8 588 trillion a 74 increase from the 11 657 trillion debt at the end of bush s last budget fy 2009. Under obama s first two years and change the national debt grew by 33 and it grew by 84 by the end of the 2016 fiscal year. The public debt which accounts for nearly three quarters of the national debt did double under obama increasing from 6 3 trillion to 14 4 trillion.
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