US government’s total debt from 1980 to 2022

$31.4tn debt limit

$30tn

$30.1tn

of debt

in 2022

2020 Covid-19

$26.9tn

$25tn

2017 Trump tax cuts

$20.2tn

$20tn

$15tn

2008 recession

$10tn

$10tn

2001 recession

$5.8tn

$5tn

0

1980

1990

2000

2010

2020

US government’s total debt from 1980 to 2022

$31.4tn debt limit

$30tn

$30.1tn

of debt

in 2022

2020 Covid-19

$26.9tn

$25tn

2017 Trump tax cuts

$20.2tn

$20tn

$15tn

2008 recession

$10tn

$10tn

2001 recession

$5.8tn

$5tn

0

1980

1990

2000

2010

2020

US government’s total debt from 1980 to 2022

$31.4tn debt limit

$30tn

$30.1tn

of debt

in 2022

2020 Covid-19

$26.9tn

$25tn

2017 Trump tax cuts

$20.2tn

$20tn

$15tn

2008 recession

$10tn

$10tn

2001 recession

$5.8tn

$5tn

0

1980

1990

2000

2010

2020

US government’s total debt from 1980 to 2022

$31.4tn debt limit

$30tn

$30.1tn

of debt

in 2022

2020 Covid-19

$26.9tn

$25tn

2017 Trump tax cuts

$20.2tn

$20tn

$15tn

2008 recession

$10tn

$10tn

2001 recession

$5.8tn

$5tn

0

1980

1990

2000

2010

2020

US government’s total debt from 1980 to 2022

$31.4tn debt limit

$30tn

$30.1tn

of debt

in 2022

2020 Covid-19

$26.9tn

$25tn

2017 Trump tax cuts

$20.2tn

$20tn

$15tn

2008 recession

$10tn

$10tn

2001 recession

$5.8tn

$5tn

0

1980

1990

2000

2010

2020