National debt continues to fall under President Trump.
When Donald Trump was inaugurated as president on January 20, 2017, the US national debt stood at $19.947 trillion. Today on March 31st, 2017 the US national debt is down to $19.850 trillion.
That's a reduction of $101 billion.
For anyone who thinks this may be a timing issue which is repeated at this time of the year as an annual trend, it's not. During the equivalent period (Jan 20th to Mar 31st) of each of the eight years of Obama's presidency, the national debt rose.
Here's a breakdown of the statistics:
These figures can be verified at the official US treasury website1.
As a reminder, the US national debt increased by a staggering $9,320,427,506,299.41 during Obama's eight years as president!2 That's 9.3 trillion dollars!
To break it down to a daily basis, that works out as an average increase in the national debt of $3,189,742,473.07 every day under Obama! That's over 3 billion dollars every day!
To compare that with Donald Trump's presidency so far, the national debt has decreased by an average of 1.44 billion dollars every day.
Here's a reminder of one of President Trump's famous quotes during his election campaign:
"I say it kiddingly, but I mean it 100 percent: We’re going to win, win, win! We’re going to win so much, you’re going to get sick and tired of it. You’re going to say “Mr. President, we can’t take it anymore, we’re winning too much! Please, we don’t want to win that much anymore, we can’t take it, Mr. President!” And I’m not going to care, we’re going to keep winning! Because we’re going to make America great again. We’re going to make it greater than ever before!"
Feel free to share the above image on facebook, twitter, Gab.ai, and other social media.
#TooMuchWinning #TheTrumpEffect
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Sources:
1 https://treasurydirect.gov/NP/debt/current
2 https://treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2009&endMonth=01&endDay=20&endYear=2017
That's a reduction of $101 billion.
For anyone who thinks this may be a timing issue which is repeated at this time of the year as an annual trend, it's not. During the equivalent period (Jan 20th to Mar 31st) of each of the eight years of Obama's presidency, the national debt rose.
Here's a breakdown of the statistics:
These figures can be verified at the official US treasury website1.
As a reminder, the US national debt increased by a staggering $9,320,427,506,299.41 during Obama's eight years as president!2 That's 9.3 trillion dollars!
To break it down to a daily basis, that works out as an average increase in the national debt of $3,189,742,473.07 every day under Obama! That's over 3 billion dollars every day!
To compare that with Donald Trump's presidency so far, the national debt has decreased by an average of 1.44 billion dollars every day.
Here's a reminder of one of President Trump's famous quotes during his election campaign:
"I say it kiddingly, but I mean it 100 percent: We’re going to win, win, win! We’re going to win so much, you’re going to get sick and tired of it. You’re going to say “Mr. President, we can’t take it anymore, we’re winning too much! Please, we don’t want to win that much anymore, we can’t take it, Mr. President!” And I’m not going to care, we’re going to keep winning! Because we’re going to make America great again. We’re going to make it greater than ever before!"
Feel free to share the above image on facebook, twitter, Gab.ai, and other social media.
#TooMuchWinning #TheTrumpEffect
- - - - - - - - - -
Sources:
1 https://treasurydirect.gov/NP/debt/current
2 https://treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2009&endMonth=01&endDay=20&endYear=2017
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