US Debt Slashed By 12 Billion In Trump’s First Month

While the media has been inventing scandal after scandal to undermine President Trump, he has been quietly turning around Obama's unsustainable US debt levels

The US national debt has been reduced by a staggering 12 billion dollars during President Trump's first month in office.

The US national debt has been reduced by a staggering 12 billion dollars during President Trump’s first month in office.

Inheriting a national debt of $19,947 billion – an enormous figure that was thought irreversible and had been blowing out by billions every day Obama was in office – President Trump immediately got to work and began turning the situation around.

On February 21st, just month later, the US debt load stood at $19,935 billion – a reduction of $12 billion, and the first time in decades a President has turned the debt clock backwards.

Trump national us debt

President Trump’s first month in office proves the benefit of having a successful businessman in charge of incomings and outgoings instead of a community organizer from Chicago with no understanding of budgeting.

Obama us national debt

How did President Obama fare in his first month in office? The contrast to President Trump could not be more telling. Obama, who spent his first month jetting around the world and flying in wookie chow for Sasquatch on C-130’s, managed to increase the US debt burden by more than $200 billion in his first month in office.

Not only managing to increase the national debt by 2% in his first month alone, Obama also signed the trillion dollar ‘Stimulus’ bill, an expensive failure and unnecessary waste of American tax payers’ money.

The supposed ‘Stimulus’ did not kick in till later in Obama’s first year and lead to Obama’s first year deficit of $1.4 trillion.

Overall, the Chicago community organizer has the dubious distinction of managing to double the US debt during his time in office and create a legacy for himself involving record breaking deficits and the largest debt increase by any President ever.

President Trump has years of bad financial governance to undo, but as the results of his first month prove, he is hellbent on cleaning up the mess.

Baxter Dmitry

Baxter Dmitry

Baxter Dmitry is a writer at Your News Wire. He covers politics, business and entertainment. Speaking truth to power since he learned to talk, Baxter has travelled in over 80 countries and won arguments in every single one. Live without fear.
Email: baxter@yournewswire.com
Follow: @baxter_dmitry
Baxter Dmitry
  • Rick Miller

    If Trump setup a studio at the White House, he could broadcast an internet podcast of his successes. Instead, he wants to rely on his enemies.

    • bstove

      No. He relies on fake news site like this that don’t reference any sources and completely lie. I can’t find a sing declarative statement in this article that is factually true. Obama massively decreased the deficit and the debt has continued to increase under Trump just as it has increased every sing fiscal quarter since Clinton was in office. Also, learn the difference between deficit and debt, since they’re two completely different things.

  • Deb Simpson

    You need to change the ‘billion’ to ‘trillion’

    • Eileen Kuch

      Well Deb, that’s easier said than done. At least Trump’s put a dent into the nation’s huge debt – most of it created by Obama. It takes time to eliminate this debt. Remember, Rome wasn’t built in a day, either. It took generations, if not centuries, to build Rome from a small hamlet to an ever-expansive empire.

  • Mr_B

    only 19 trillion, 920 billion to go – yipee!!

    your grand-children’s grand children will be soooo proud of you all.

    only a bunch of ‘debt slaves’ would distort this truth into some sort of victory for the ‘cannibalistic capitalist system’, which created this debt to begin with – such losers.

  • don sheets

    Only 1583 more reductions, and we will be there.

  • MikeO3

    What a load of baloney this story with no cited examples of reduction… What did the guy actually do to reduce the debt? The wheels were set in motion much before the Tweeter in Chief was in office. Get your facts and source of reductions to get the story straight and compete. Deception.SAD.

  • T.j. Thomas

    The debt clock at this writing says $19,979 billion. (usdebtclock.org)

  • freeman

    What a country. Americans are so fucked up its a sin. That’s what crack etc does to a country. They vote like they smoke there crack.