Amazing! Trump Cuts US Debt by $12 Billion In His First Month

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SOURCE: THE GATEWAY PUNDIT VIA TREASURY DIRECT

URL: http://www.thegatewaypundit.com/2017/02/trump-cuts-us-debt-burden-by-12-billion-in-his-first-month/

by Jim Hoft


President Donald Trump reduced the US Debt burden in his first month in office!

On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion.  On February 21st, a month later, the US Debt load stood at $19,935 billion.  Trump cut the US Debt burden by $12 billion and 0.1% in his first month in office!

See here: https://www.treasurydirect.gov/NP/debt/search?startMonth=01&startDay=20&startYear=2009&endMonth=02&endDay=21&endYear=2009



On January 20, 2017, the US debt was $19.947 billion.
On February 21, 2017, the US debt was $19,935 billion.

By comparison, under President Obama, the US Debt burden increased by more than $200 billion in his first month in office.  Obama increased the US Debt by 2% in his first month and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well.  The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion.  Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.