What did Reagan do to the national debt?

Written by Editorial Team | Last Updated: August 2026

During Ronald Reagan's presidency in the 1980s, the United States national debt increased significantly, tripling from approximately $998 billion when he took office to roughly $2.85 trillion by the time he left office. This substantial debt expansion was driven by a combination of large-scale tax cuts under the Economic Recovery Tax Act of 1981, concurrent major increases in defense spending to counter the Soviet Union, and domestic spending policies that outpaced federal revenues.

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