COVID-19
pandemic begins
9/11
$35T
Clinton-era
budget surplus
2022
$30.9 trillion
Great
Recession
$30T
Trump
2017
tax cut
$25T
$20T
$15T
$10T
G.H.W. Bush
1990 tax hike
Reagan 1981
tax cut
$5T
Bush 2001,
2003 tax cuts
$0
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
COVID-19
pandemic begins
9/11
$35T
2022
$30.9 trillion
Clinton-era
budget surplus
Great
Recession
$30T
Trump
2017
tax cut
$25T
$20T
$15T
G.H.W.
Bush
1990 tax
hike
$10T
Reagan
1981 tax
cut
$5T
Bush 2001,
2003 tax cuts
$0T
1975
1980
1985
1990
1995
2000
2005
2010
2015
2020
COVID-19
pandemic begins
9/11
$35T
2022
$30.9T
Clinton-era
budget surplus
Great
Recession
$30T
Trump
2017
tax cut
$25T
$20T
$15T
G.H.W.
Bush
1990
tax hike
$10T
Reagan
1981
tax cut
$5T
Bush 2001,
2003 tax cuts
$0
’75
’80
’85
’90
’95
’00
’05
’10
’15
’20