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The US President Donald Trump has tweeted that he managed to decrease the US total public debt by US$ 12 billion during his first month in office while the former President Barack Obama increased it by US$200 billion over the same period.
Trump has also accused the media of turning the blind eye to this fact.
“The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo,” he said in his Twitter post.
The figures presented by Trump coincide with the data issued by the US Treasury Department, according to which, on January 20th, the day of Trump’s inauguration, the overall US debt stood at $19,947 billion. On February 21st, a month later, the total US debt load amounted to $19,935 billion.
Moreover, between February 22 and February 23, the US debt fell by further $ 22 billion from $ 19,935 billion to $ 19,913 billion.
Source:
https://www.rt.com/usa/378613-trump-us-debt-cut/
Trump has also accused the media of turning the blind eye to this fact.
“The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo,” he said in his Twitter post.
He then added that he has “great optimism for future of the US business and jobs” and promised “big tax and regulation cuts.”
The figures presented by Trump coincide with the data issued by the US Treasury Department, according to which, on January 20th, the day of Trump’s inauguration, the overall US debt stood at $19,947 billion. On February 21st, a month later, the total US debt load amounted to $19,935 billion.
Moreover, between February 22 and February 23, the US debt fell by further $ 22 billion from $ 19,935 billion to $ 19,913 billion.
Source:
https://www.rt.com/usa/378613-trump-us-debt-cut/
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