The total U.S. national debt has surpassed $31 trillion for the first time in U.S. history, up from $27.7 trillion when President Joe Biden took office. …
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The Democratic-led Congress passed Biden’s $1.9 trillion COVID-19 stimulus package shortly after taking office. He signed the bill in March 2021. Biden has also signed a $2 trillion infrastructure bill into law as well as a $280 billion CHIPS bill. He recently signed the $740 billion Inflation Reduction Act.
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