The U.S. national debt has surged in recent years under the leadership of President Biden and former President Trump, who are set to face off on the debate stage on Thursday for the first time in this presidential election cycle.
A new report by the nonpartisan Committee for a Responsible Federal Budget (CRFB) examines the impact of policies implemented during the Biden and Trump administrations on the national debt, finding that each added trillions to the debt through a mix of partisan and bipartisan policies.