The US Debt surpassed $21 Trillion for the first time in history this week. What the MSM won’t tell you is that President Trump’s debt increase is half of Obama’s at the same time in their Presidencies. President Trump took over in 2017 with nearly $20 trillion of debt and the related interest payments on […]
President Trump’s Debt Increase Half that of Obama’s – US Debt Surpasses $21 Trillion.
March 17, 2018 by
President Trump’s Debt Increase is Half Obama’s Debt Increase at Same Time in Their Respective Presidencies.
March 6, 2018 by
In spite of the fact that President Trump took over with nearly $20 trillion of debt and the related interest payments on the debt, and in spite of the Federal Reserve (FED) increasing interest rates by a full one percent since the 2016 election, President Donald Trump’s debt is half that of Obama’s. The US Debt […]
Obama’s Real Debt and Deficit Legacy.
February 20, 2018 by
Congressional Republicans have been raked over the coals in the last two weeks for slamming through budget caps and inflating government spending and debt by another $300 billion. The criticisms are well-deserved. It’s a historical truism that Republicans are much more fiscally conscientious when they are in the minority than when they run Congress. And […]
President Trump Accomplishes the Impossible: Reduces Debt to GDP Ratio by 1% His First Year in Office.
November 18, 2017 by
President Trump’s policies have decreased the Debt to GDP ratio by 1% while at the same time the Atlanta Fed announced yesterday that the 4th Quarter GDP estimates have increased by 0.2% to 3.4%. Since his inauguration President Trump has focused his efforts on the security of the country and on the prosperity of its […]
Senate Budget a Major Step Toward Tax Reform, but Falls Short on Spending Reforms
October 22, 2017 by
The Senate passed its fiscal year 2018 budget resolution late Thursday night, paving the way for potentially the most comprehensive tax reform package in decades. The proposal is a significant step toward implementing the president and Congress’ tax reform agenda. However, it fails to make significant cuts to federal spending—an important piece of the puzzle […]
TRUMP on Track to Make History! – Lowest Debt Increase of Any US President in 40 Years!
September 30, 2017 by
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.
September 14, 2017 by
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
September 12, 2017 by
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.
September 11, 2017 by
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 […]