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The bold is incorrect.....
When a new President takes office in late January he is bound,by law, to execute the budget he inherits until his own budget takes effect 9 months later after his first budget proposal has been reviewed and passed.. Therefore,the only rational way to tally debt is by the budgets a President proposes.
https://www.thebalance.com/national-debt-under-obama-3306293
While you may have a point there with the year delay, a budget is just a budget. It is not the final tally so you can't compare a proposed budget to the actual debt numbers. Reid ran several years without a budget at all. And, even when a budget is proposed by the president, it is not what the final budget actually is, assuming that congress even passes a budget.