January 3, 2024 | Rapid Response | RNC Communications
Economy

$34 TRILLION Debt: Thanks, Biden

Rapid Response

For the first time in history, the U.S. national debt has topped $34 trillion.

That’s approximately $100,000 for every single person in the country.

Don’t ask Biden about the national debt — he doesn’t know what it is. Biden has claimed he "literally" cut the national debt "in half," "by $7 billion," "by $1.4 trillion," "by $1.7 billion,” "by $1.7 trillion," and so on.

But Biden hasn’t cut anything; he has added to the national debt at a far faster rate than his predecessors. The skyrocketing debt comes as the inflationary policies of Biden and Democrats “have undoubtedly resulted in higher deficits, not small ones.”

Recall: Biden refused to consider House Republicans’ plan to address the national debt.

In short, massive deficits, spending, and debt are the “new normal” under Biden.