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title: "Good riddance. "President Trump promised in the 2016 campaign to…"
date: 2021-01-01
source: facebook
type: Archer T. Ships shared a link.
---

# Good riddance. "President Trump promised in the 2016 campaign to…

*January 1, 2021 · Facebook*

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[https://www.washingtonexaminer.com/news/trumps-legacy-added-debt-one-term](https://www.washingtonexaminer.com/news/trumps-legacy-added-debt-one-term){target="_blank"}
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Good riddance.\
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\"President Trump promised in the 2016 campaign to eliminate the federal debt over a two-term presidency. That pledge won\'t come to fruition, and, in fact, he will leave office having added massively to the debt.\
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"His tenure has been marked by a total disregard for any concern about mounting debt," said Jim Capretta, a resident fellow at the American Enterprise Institute, a right-leaning think tank in Washington, D.C.\
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When Trump was inaugurated on Jan. 20, 2017, the total national debt was nearly \$20 trillion, according to the Treasury Department. It has increased over roughly 30% since, nearly \$8 trillion, to \$27 trillion, as of Monday.\
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For comparison, President Barack Obama added roughly \$9 trillion to the national debt during his eight years in office, according to the Treasury Department.\
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In his first year of entering office, Trump signed into law a tax overhaul bill that added \$1.9 trillion to the debt over a 10-year period, according to the Congressional Budget Office, the bookkeeper for Congress.\
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He also increased annual spending, by nearly \$800 billion, from \$3.85 trillion in 2016 to \$4.65 trillion in 2020 (before pandemic relief), according to the Committee for a Responsible Federal Budget, a nonpartisan organization that examines the spending habits in Washington.\
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Then came the federal response to the pandemic, which drained federal coffers by \$1.76 trillion, according to the CBO. \"\
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[https://www.washingtonexaminer.com/news/trumps-legacy-added-debt-one-term](https://www.washingtonexaminer.com/news/trumps-legacy-added-debt-one-term){target="_blank"}
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