• May 21, 2024

US Debt DECREASED by More Than $60 Billion Since Trump Inauguration

On the day of the Trump Inauguration, the US Debt stood at whopping $19,947 billion and counting as Obama set records for highest deficits and the largest debt increase by any President –ever.

Now, on March 8th, more than a month later, the US Debt load stood only at $19,879 billion.

That means that since Trump took office on January 20th, he has cut the US Debt burden by $68 billion and 0.3%!

The proof comes from a government website called  TreasuryDirect.gov:

Now take a look at Obama’s:

By comparison, Obama increased the US Debt burden by more than $320 billion after his inauguration through March 8th 2009.

Yeah, you heard that right $328 BILLION

That is an increase in US Debt by 3.1% during this time period; the same time period that Obama signed the trillion dollar ‘Stimulus’ bill which by the way was prepared behind closed doors by Dems only.

Once instituted it was a US financial nightmare.

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.

Some legacy…

With that said, the stock market is up, jobs are increasing, salaries are increasing and debt is down..

SO. Much. Winning.

Patriots Beacon