National debt grew more slowly in FY 2017 under Trump

Published October 2, 2017 8:32pm ET



The U.S. national debt grew by just a bit more than $600 billion in fiscal year 2017, almost half the average annual growth seen in the Obama years.

The national debt ended at $20.244 trillion on the last business day of September, an increase of $671 billion from the start of the fiscal year in October 2016. Trump was in control of the government for little more than eight months of the fiscal year, after taking office on January 20.

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