The US Treasury Department’s daily statement on February 25, 2019, revealed that total outstanding public debt stands at $22.07 trillion. That's an increase of $2.12 trillion since President Donald Trump took office on January 20, 2017.

The debt figure has been growing at an accelerated rate since the passage of Trump’s $1.5 trillion tax cut in December 2017 and a decision by Congress last year to increase spending on domestic and military programs.

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