Donald Trump

==== Economy ====
{{Main|Economic policy of the Donald Trump administration}}
Trump took office at the height of the longest [[economic expansion]] in American history,<ref name=VanDam>{{cite news|first=Andrew |last=Van Dam|url=https://www.washingtonpost.com/business/2021/01/08/trump-jobs-record/|newspaper=[[The Washington Post]]|title=Trump will have the worst jobs record in modern U.S. history. It's not just the pandemic.|date=January 8, 2021|access-date=October 2, 2021}}</ref> which began in June 2009 and continued until February 2020, when the [[COVID-19 recession]] began.<ref>{{cite news|last=Smialek|first=Jeanna|date=June 8, 2020|title=The U.S. Entered a Recession in February|work=[[The New York Times]]|url=https://www.nytimes.com/2020/06/08/business/economy/us-economy-recession-2020.html|access-date=June 10, 2020}}</ref>

In December 2017, Trump signed the [[Tax Cuts and Jobs Act of 2017]]. The bill had been passed by Congress without any Democratic votes. It reduced tax rates for businesses and individuals, with business tax cuts to be permanent and individual tax cuts set to expire after 2025, and set the penalty associated with [[Affordable Care Act]]'s individual mandate to $0.<ref>{{cite news|last=Long|first=Heather|url=https://www.washingtonpost.com/news/wonk/wp/2017/12/15/the-final-gop-tax-bill-is-complete-heres-what-is-in-it/|title=The final GOP tax bill is complete. Here's what is in it.|newspaper=[[The Washington Post]]|date=December 15, 2017 |access-date=July 31, 2021}}</ref><ref>{{cite web|url=https://www.nytimes.com/interactive/2017/12/15/us/politics/final-republican-tax-bill-cuts.html|title=What's in the Final Republican Tax Bill|work=[[The New York Times]]|first1=Wilson|last1=Andrews|first2=Alicia|last2=Parlapiano|date=December 15, 2017|access-date=December 22, 2017}}</ref> The Trump administration claimed that the act would not decrease government revenue, but revenues in 2018 were 7.6 percent lower than projected.<ref>{{cite web|last=Gale|first=William G.|url=https://www.brookings.edu/policy2020/votervital/did-the-2017-tax-cut-the-tax-cuts-and-jobs-act-pay-for-itself/|title=Did the 2017 tax cut—the Tax Cuts and Jobs Act—pay for itself?|work=[[Brookings Institution]]|date=February 14, 2020 |access-date=July 31, 2021}}</ref>

Despite a campaign promise to eliminate the national debt in eight years, Trump approved large increases in government spending and the 2017 tax cut. As a result, the federal budget deficit increased by almost 50 percent, to nearly $1&nbsp;trillion in 2019.<ref>{{cite news|last1=Long|first1=Heather|last2=Stein|first2=Jeff|title=The U.S. deficit hit $984 billion in 2019, soaring during Trump era|url=https://www.washingtonpost.com/business/2019/10/25/us-deficit-hit-billion-marking-nearly-percent-increase-during-trump-era/|access-date=June 10, 2020|newspaper=[[The Washington Post]]|date=October 25, 2019}}</ref> Under Trump, the [[U.S. national debt]] increased by 39 percent, reaching $27.75{{nbsp}}trillion by the end of his term, and the U.S. [[debt-to-GDP ratio]] hit a post-World War II high.<ref>{{cite web|first1=Allan|last1=Sloan|first2=Cezary|last2=Podkul|url=https://www.propublica.org/article/national-debt-trump|work=[[ProPublica]]|title=Donald Trump Built a National Debt So Big (Even Before the Pandemic) That It'll Weigh Down the Economy for Years|date=January 14, 2021|access-date=October 3, 2021}}</ref> Trump also failed to deliver the $1&nbsp;trillion infrastructure spending plan on which he had campaigned.<ref>{{cite web|last=Bliss|first=Laura|url=https://www.bloomberg.com/news/articles/2020-11-16/what-did-all-those-infrastructure-weeks-add-up-to|title=How Trump's $1 Trillion Infrastructure Pledge Added Up|work=[[Bloomberg News]]|date=November 16, 2020 |access-date=December 29, 2021}}</ref>

Trump is the only modern U.S. president to leave office with a smaller workforce than when he took office, by 3&nbsp;million people.<ref name=VanDam/>