November 18, 2017

TRUMP on Track to Make History! – Lowest Debt Increase of Any US President in 40 Years!

President Trump announced a massive overhaul of the US Tax code this week. As reported at MarketWatch: The Trump-GOP tax plan just announced has the potential to affect retirement savers in fundamental, long-term ways that could be positive for many Americans. The plan is a long way from reality and is likely to see some […]

The National Debt Just Hit $20 Trillion. Here’s How Congress Can Restore Fiscal Sanity.

Our national debt just topped $20 trillion. That’s 13 zeros, or $20,000,000,000,000. This also means that the federal government now owes almost $1.5 trillion more than the entire U.S. economy produced in 2016. To put this number into context, here are some other things that add up to $20 trillion: So how exactly did we […]

Obama Added $1 Trillion More to the US Debt Than President Trump At this Time in Their Presidencies

President Trump’s record for the largest and longest US Debt decrease still stands but it ended today. Although President Trump held the longest and largest decrease of US Federal Debt in US history at $100 Billion, it is now over. When President Trump was inaugurated on January 20, 2017 the amount of US Federal Debt owed […]

U.S. National Debt Hits $20 Trillion For First Time In History.

On Monday, the total public outstanding debt hit $20 trillion for the first time in history after seeing several months of decline. For the first several months of President Trump’s administration, the national debt saw a steady decline, dropping approximately $100 billion from the day Trump took office until last week. However, figures released on […]

House Approves Harvey Relief Bill Among Debt Ceiling Controversy

UPDATE: President Trump has signed the bill. [email protected] just signed H.R. 601 providing much needed support for storm survivors. Our thoughts and prayers are with all impacted. — Sarah Sanders (@PressSec) September 8, 2017 ***Original Post*** It stoked some controversy, but the $15.25 billion Harvey relief package has passed the House by a vote of […]

Most Awkward Dinner Ever: Trump To Dine With Ryan Day After Siding With Dems On Debt Ceiling

President Donald Trump will host Speaker Paul Ryan at the White House residence Thursday evening, according to the president’s daily schedule, the day after Trump took a deal that may favor the Democrats on debt ceiling negotiations. Trump met with congressional leaders of both parties Wednesday, and decided to back a three-month lift of the […]

ANOTHER RECORD: President Trump Cuts More US Debt for a Longer Period of Time Than Any President in History

It’s Now Official – No President in US History has Cut More from the US Federal Debt for a Longer Period of Time than President Donald J. Trump. President Trump now can claim the longest and largest decrease of US Federal Debt in US history. When President Trump was inaugurated on January 20, 2017 the amount […]

After First Hundred Days Media Ignores Trump Decreased US Debt by $100B Since Inauguration.

USA Today  is reporting that the government may shut down by this coming Friday if Congress does not provide President Trump with a bill to keep it going. Congress returns Monday with just five days left to keep the government from shutting down, and President Trump is adding to the pressure by demanding money for a Southwest […]

It Could Take 460 Years to Eliminate the National Debt, Warns Senator – VIDEO

Sen. James Lankford (R-Okla.) releases his annual “Federal Fumbles” waste report on federal spending Nov. 28, 2016. (Photo By Bill Clark/CQ Roll Call via AP Images) WASHINGTON – Sen. James Lankford (R-Okla.) said the United States could eliminate the deficit in 10 years if the government “chipped away” at it every fiscal year. Lankford explained […]

30 Reasons in 30 Days to Vote for Donald Trump – #12 Obama’s Massive $20 Trillion Debt

As we count down to the November 8th election, we will list 30 reasons in 30 days to vote for Donald Trump for President of the US. Reason #12 – Obama’s Massive $20 Trillion Debt The New York Post reported in August that “Obama’s leaving his successor a national debt nightmare!” Under Obama the US […]

Obama Has Collected $19,966,110,000,000 in Taxes; Incurred $8,795,689,333,049 in Debt

During the 90 full months President Barack Obama has completed serving in the White House—February 2009 through July 2016–the U.S. Treasury collected approximately $19,966,110,000,000 in tax revenues (in non-inflation-adjusted dollars), according to the Monthly Treasury Statements. During those same 90 months, the federal debt rose from $10,632,005,246,736.97 to $19,427,694,579,786.64—an increase of $8,795,689,333,049.67. In July, according […]

CBO: National Debt to Hit $19.1 Trillion Under Obama

The Congressional Budget Office is predicting that the national debt will rise by a bit more than half a trillion dollars for the next two years, which will leave the nation with a $19.1 trillion debt by the time President Barack Obama leaves office. That would be close to a doubling of the debt under […]

CBO: Deficits and Debt to Surge in Obama’s Final Year

Just a week after President Barack Obama boasted about slashing the federal deficit, the nonpartisan Congressional Budget Office estimates that deficit will rise in 2016. “The deficit projected by CBO would increase debt held by the public to 76 percent of GDP by the end of 2016, the agency estimates — about 2 percentage points […]

Communist China Dumps U.S. Debt Amid Economic Turmoil

Facing an imploding stock market and the potential for even more widespread economic chaos, the dictatorship ruling mainland China — the top foreign holder of U.S. Treasury bonds — is selling U.S. debt to prop up the Chinese yuan (renminbi), according to news reports. The move, which has long been anticipated by analysts, could have […]

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