Snopes: Was Nearly 25% of the US National Debt Incurred During Trump Administration?

Mod: The Snopes answer is 'Yes.' The first anti-American president did a lot of damage in four years. And that includes running up the debt at a record pace.

Was Nearly 25% of the US National Debt Incurred During Trump Administration? (MSNlink): On Jan. 17, 2023, newly elected U.S. Speaker of the House Kevin McCarthy tweeted that "House Republicans" were "on a mission to end wasteful Washington spending." 

In response to that tweet, former U.S Representative from Florida and current MSNBC contributor David Jolly, tweeted, "for context," that "roughly 25% of our total national debt incurred over the last 230 years actually occurred during the 4 years of the Trump administration."

It is misleading to invoke 230 years of history when discussing the present national debt, in part because a large chunk of the $31 trillion debt (at the time of this reporting) was incurred over the past two decades. That being said, it is factual that roughly 25% of the current debt was accrued during the Trump administration. 

During the four years of the Trump administration, the national debt rose by $7.8 trillion. That addition makes up 24.8% of the current $31 trillion national debt.

An estimated $3.7 trillion of added debt during the Trump administration can be attributed to Covid-19 relief measures passed with bipartisan support. A series of tax cuts passed during the Trump administration has also added significantly to the national debt. 

Because the $7.8 trillion increase in the national debt incurred during the Trump Administration represents nearly 25% of the current $31 trillion national debut, the claim is "True."

Mod: The original Snopes link here.

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