DeSantis Campaign Press Release - Despite His Promise to Pay it Down, Donald Trump Added $7.8 Trillion to the Debt While in Office

Trump Kickstarted Current Inflation Crisis with Reckless Spending

During his 2016 campaign, Donald Trump branded himself as the "king of debt" who could start significantly paying it down. Once he took office, Trump said his tariffs and tax cuts would help lower the debt. That did not happen. Instead, Trump refused to veto any congressional spending and added $7.8 trillion to the nation debt. This stands in stark contrast to Ron DeSantis, who has vetoed 6.2 billion in wasteful spending and balanced Florida's budget every year.

Donald Trump's reckless spending kickstarted the current inflation crisis that is now making it difficult for hardworking families to afford basic necessities, he cannot be trusted to prove the American people with relief.

THE FACTS

• Under Trump, the National Debt grew by $7.8 Trillion — which equates to $23,500 per American.
• At the end of fiscal year 2020, the debt was $26.9 trillion. Trump added $6.7 trillion to the debt between fiscal year 2017 and fiscal year 2020, a 33.1% increase. In his FY 2021 budget, Trump's budget included a $966 billion deficit. However, the national debt actually grew by $1.5 trillion between October 1, 2020, and October 1, 2021. (Source)
• FY 2021: $1.5 trillion
• FY 2020: $4.2 trillion
• FY 2019: $1.2 trillion
• FY 2018: $1.3 trillion
• In comparison, Obama added $8.6 trillion in two terms. Trump added 90% of that amount in just one term.
• Under the Trump Administration, the federal government spent over $2 billion on DEI, gender ideology, and other left-wing activist programming.

Claremont Institute Federal Progressive Subsidy Database

(Includes payments to any organization in support of left-wing activism, and payments for any purpose made to left-wing activist organizations.)