Over his first fifty days in office, Donald Trump has decreased the national debt by $60 billion. That’s more than a billion per day since taking office. By comparison, after Obama’s first 50 days in office, Obama increased the national debt by $320 billion. As usual, the media isn’t interested in covering this.
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On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!
By comparison, under President Obama, the US Debt burden increased by more than $320 billion after his inauguration through March 8th 2009. Obama increased the US Debt by 3.1% during this time period and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. 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 and set records for highest deficits and the largest debt increase by any President ever.
So the next time you hear the media whining about the border wall’s cost, you can shove this in their faces. The border wall is expected to cost between $10-20 billion. It’s already been paid for three times over.