Trump Administration
Latest
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2025 Reconciliation Resources
The 119th Congress is expected to use the reconciliation process to pass legislation with a significant fiscal impact, such as extending the expiring...
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Potential Savings from Shrinking the Federal Workforce
The Trump Administration has called for significant reductions to the federal workforce and has begun the process by laying off a number of federal...
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Trump and Biden: Partisan Breakdown of New Debt
In their time in office, both former President Trump and President Biden approved trillions of dollars in new ten-year borrowing both for COVID...
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Trump and Biden: Timing of New Debt
In a recent analysis , we estimated that President Trump approved $8.4 trillion of new ten-year borrowing during his term in office, while President...
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Trump and Biden: Executive Actions
In a recent analysis, we estimated that former President Trump approved $8.4 trillion of new ten-year borrowing ($4.8 trillion excluding the CARES Act...
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Trump and Biden: Debt Growth
We recently estimated that former President Trump and current President Biden approved $8.4 trillion and $4.3 trillion of new ten-year borrowing (or...
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Trump and Biden: The National Debt
The national debt is on course to reach a record share of the economy under the next presidential administration, due in part to policies approved by...
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How Much Did President Trump Add to the Debt?
Note: We published a more comprehensive, up-to-date comparison analysis of the amount of new ten-year borrowing approved by both Presidents Trump and...
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How Much Student Debt Has Already Been Cancelled?
Note: (8/30/2022): This analysis is now out of date. We released an updated version of this analysis, available here, which updates the estimated cost...
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Republican and Democratic Presidents Support Reducing the Tax Gap
One of the most fair and efficient ways for policymakers to raise revenue would be to close some portion of the “tax gap," or the difference between...
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The Cost of the Trump and Biden Campaign Plans
Whoever is inaugurated on January 20, 2021, will face many fiscal challenges over his term. Under current law, trillion-dollar annual budget deficits...
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Maya MacGuineas: The debt is huge because Trump kept his promises
Maya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...