Trump Sets Massive Record

[Voice of Reason 10,298]

When President Trump first took office on January 20th, 2017, US federal debt was sitting at a stunning 19.9 trillion dollars. In half a year, Trump managed to bring the federal debt down over 100 billion dollars, according to Treasury Direct.  This new record means that Trump has the longest and largest decrease of the US federal debt in the history of the nation.

 

http://todaypoliticalnews.com/breaking-trump-sets-massive-record-no-president-has-even-come-close-to-this/

[Dashinka 24,831]

I wonder if the MDL even cares about debt?

[Steeleballz 7,550]

  Trump

8 minutes ago, Bill & Katya said:

I wonder if the MDL even cares about debt?

  Does the MDR? 

 

  Which President Is the Biggest Spender of All?

[Dashinka 24,831]

6 minutes ago, Steeleballz said:

  Trump

  Does the MDR? 

 

  Which President Is the Biggest Spender of All?

Certainly not the establishment leaders from either side.

[Steeleballz 7,550]

15 minutes ago, Bill & Katya said:

Certainly not the establishment leaders from either side.

  True. Full credit to Trump if he can see this achieved over the long run

 

  Do you think Trump did this through legislation, or do you think it might be because the federal debt ceiling was reached in March? 

[Dashinka 24,831]

5 minutes ago, Steeleballz said:

  True. Full credit to Trump if he can see this achieved over the long run

 

  Do you think Trump did this through legislation, or do you think it might be because the federal debt ceiling was reached in March? 

He certainly didn't do it through legislation, the only way he could have reduced this is by cutting spending significantly in the Executive department budgets that he controls.  Maybe there was a lot of fat in that bureaucracy.

[The Nature Boy 7,659]

Or maybe Like Clinton the economy is booming and tax revenues are way ip.

[Steeleballz 7,550]

7 minutes ago, Nature Boy Flair said:

Or maybe Like Clinton the economy is booming and tax revenues are way ip.

 

 Most of the tax revenue collected by the federal government this year is based on fiscal year 2016. You know how the IRS works.

[bcking 3,157]

On 10/4/2017 at 5:23 AM, IDWAF said:

When President Trump first took office on January 20th, 2017, US federal debt was sitting at a stunning 19.9 trillion dollars. In half a year, Trump managed to bring the federal debt down over 100 billion dollars, according to Treasury Direct.  This new record means that Trump has the longest and largest decrease of the US federal debt in the history of the nation.

 

http://todaypoliticalnews.com/breaking-trump-sets-massive-record-no-president-has-even-come-close-to-this/

The article doesn't really explain what Trump himself has done to lead to such a dramatic decrease.

 

I think a more fair assessment is that he has "Presided over the longest and largest decrease of US federal debt in history". 

 

What has he done that makes him directly involved, other than sitting in the oval office? Also I would imagine a better reflection of what he is doing will come later. Looking at his first 6 months I think would reflect more what happened in the prior year than anything else.

 

All that being said, I hope to see it sustained.

[jg121783 3,921]

Obama did it not Trump.