What Was The National Debt When Obama Took Office

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.

What was the national debt when obama took office. Government s debt owed to the public was more than 14 4 trillion an increase of more than 128 percent during his eight years. 20 2009 the outstanding. The largest number comes from calculating how much the debt increased during obama s two terms.

Therefore the national debt under obama grew by about 9 trillion or an increase of 86 percent. Debt on the day obama left office the u s. 20 2017 it was 19 947 trillion.

President obama entered office in early 2009 in the teeth of the great recession. The debt grew 10 in trump s first 752 days and is projected to grow. The debt increased by 1 77 trillion during reagan s.

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. The corresponding figure for january 20 2009 the day obama took office was 10 626 877 048 913 08. When obama took office on jan.

Four years later at the end of his term the debt had risen to 964 5 billion. When he left office on jan. 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.

When jimmy carter took office the debt was 669 2 billion. Former president obama left office having added 9 3 trillion to the national debt according to numbers from the treasury department. 20 2009 the debt was 10 626 trillion.