Debt to the Penny (vanity)

Debt to the Penny ^ | 4/22/2023 | Presbyterian Reporter

[Presbyterian Reporter]

On January 21, 2025 President Trump faced a National Debt of $36 Trillion $218 Billion.

President Trump has now been in charge for just over 90 days. The National Debt as of April 18, 2025 is now $36 Trillion $217 Billion.

President Trump has successfully kept the National Debt from increasing.

In contrast President Joe Biden oversaw the following National Debt during a similar time period in 2024.

On January 19, 2024 the National Debt was $34 Trillion $60 Billion. On April 17, 2024 the National Debt was $34 Trillion $576 Billion. An increase of $516 Billion.

As President said regarding the border invasion: "All it takes is a new President to make a difference."

[Presbyterian Reporter]

If Trump can continue to keep the National Debt from increasing that will be a major accomplishment.

[Alberta's Child]

Unfortunately, this all seems to be a matter of timing more than anything else.

Congress -- with Trump's enthusiastic support -- is looking at increasing the debt ceiling beyond the $40T mark before the government runs out of borrowing capacity in the next few months.

[algore]

Why can’t we just get rid of the penny ?

[dp0622]

It’s 36.75 billion.

The numbers are wrong

[Presbyterian Reporter]

“””It’s 36.75 billion.”””

—

What is your source for that number?

[9YearLurker]

Wasn’t there something about the Trump admin freezing the debt clock? (Not at all the same thing as not incurring any more debt.)

[central_va]

Another much ignored benefit of a tariff is the revenue which is expected to be over a $ billion/day.

[bert]

The value of the US$ is said to be falling. That means the value of the debt is also falling.

Devaluation of the currency is taught to all princes learning to be king.