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IMF calls for US to cut deficits amid bond woes, urges China to shift away from exports
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How Much the National Debt Grew Under Trump and Biden: The U.S.’s national debt surpassed $40 trillion for the first time ever this week—more than double what it ...
time.com/article/2026/08/21/national-debt-trump-biden/
How Much the National Debt Grew Under Trump and Biden
Key FactsUS Debt Tops $40 Trillion for the First Time
Aug 21, 2026 · Reading time: ~30 sec.
Summary created with AI assistance · Source: time.com
  • U.S. national debt exceeded $40 trillion this week for the first time, making it more than twice as high as it was a decade ago.

  • After reaching $38 trillion in October and $39 trillion in March, the milestone came in less than half a year, although the Congressional Budget Office had projected it for 2028 in 2023.

  • During Donald Trump’s first term, debt rose from about $19.95 trillion to roughly $27.75 trillion, while it increased from about $27.75 trillion to approximately $36 trillion under Joe Biden.

  • Since Trump returned to the White House in January 2025, debt has risen by about $3.8 trillion, while experts attribute a significant share of growth since 2017 to the pandemic response and Reuters reports that about one-third occurred during roughly two pandemic years.
UK reports unexpected deficit of £1.8bn as John Healey prepares for first budget: July data shows total public debt was £2.98tn, or 94% of GDP – up £96bn on a ...
theguardian.com/politics/2026/aug/21/uk-unexpected-deficit-john-healey-prepares-for-first-budget
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Gavin Newsom Trolls Stephen Miller for Going Into Hiding: Miller has been unusually absent from public appearances as more members of the Trump admin get the ...
thedailybeast.com/gavin-newsom-trolls-stephen-miller-for-going-into-hiding/
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Stephen Miller Is Still Pursuing His Immigration Agenda, but More Quietly: The architect of President Trump’s mass deportation campaign wants “a moratorium on ...
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Stephen Miller Is Still Pursuing His Immigration Agenda, but More Quietly
OpinionOpinion | Stephen Miller’s Latest Low: His project of subordination at home and abroad continues unabated.
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Stephen Miller Makes Wild Claim About Who's Responsible For National Debt: The Homeland Security adviser has largely shaped President Donald Trump’s hardline ...
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More people are moving out of the U.S. than moving in for the first time since the Great Depression—a bad omen for the $38.8 trillion national debt
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More people are moving out of the U.S. than moving in for the first time ...
‘The fiscal trajectory is not sustainable’: CBO warns about the highest debt in U.S. history as Trump adds $1.4 trillion to 10-year deficit
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‘The fiscal trajectory is not sustainable’: CBO warns about the highest ...
New debt-GDP fiscal anchor will likely open space for higher capex: Policy makers in the government are of the view that this change, which is in line with ...
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Stephen Miller Melts Down About Immigration in Bonkers Rat Pack Rant: Trump’s top aide was triggered about “third world” migrants after watching a holiday ...
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Stephen Miller Melts Down About Immigration in Bonkers Rat Pack Rant
Stephen Miller Cites Children of Immigrants as a Problem: As it seeks to end birthright citizenship, the Trump administration is arguing that immigrants bring ...
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Stephen Miller Cites Children of Immigrants as a Problem