36 trillion dollar debt; Biden’s legacy for Trump
According to Webangah News quoted by Mehr News Agency According to Reuters, the new American government will start work soon, while the amount of the national debt of this country will reach A new level has risen.
Data from the US Treasury Department shows that in mid-January, the national debt of this country reached 36.174 trillion. The dollar has arrived.
Donald Trump is going to be the 47th president of the United States on January 20 after four years of Joe Biden Democrats return to the White House. The debt that is said to put the Trump administration in a problematic situation.
The amount of US debt in 2024 will increase by seven percent or $2.4 trillion. According to the statistics of the World Bank and the International Monetary Fund, America’s share of the world economy fell below 15% for the first time during the Biden era, and at the end of his term, it was the lowest in the modern history of this country, i.e. 14.76%.
The national debt of the United States during the presidency of Joe Biden from 28 trillion dollars in 2021 to the current record of more than It has reached 36 trillion dollars. This amount of national debt is one of the main reasons for the chronic US budget deficit.
