 |
| http://www.usdebtclock.org/ Feb 27, 2017 |
Trump Slashes Nat’l Debt by $12 Billion In First Month, Media Silent
The Trump administration managed to decrease total US public debt by $12 billion in a month, while former President Obama increased it by $200 billion over that same period.
By
Posted on
Despite the numerous controversies during his first
month in office, President Trump successfully decreased the US total
public debt by $12 billion within his first 30 days as president. Yet,
as Trump pointed out in a series of tweets, few media outlets covered
the significant debt decrease though they were more than happy to pounce
on other recent stories casting the new president in a negative light.
The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo.— Donald J. Trump (@realDonaldTrump) February 25, 2017
Though some may take such statements from Trump as
self-serving and not factually sound, the US Treasury Department has
confirmed Trump’s claims. According to data released by the Treasury,
the overall national debt on the day of Trump’s inauguration stood at
$19.95 trillion and dropped to $19.93 trillion on February 21st. Then, between February 22nd and 23rd, the debt dropped even lower to $19.91 trillion.
