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To: CodeToad

“As of today, President Trump decreased the US Debt since his inauguration by (-$102) Billion.”

Really? This defies common sense. You have to know that is not true.

From the US Treasury

Jan- $51 billion monthly surplus
Feb- $192 billion monthly deficit
March- $176 billion monthly deficit
April- $182 billion monthly surplus
May- $88 billion monthly deficit
June- $90 billion monthly deficit
Jan 1st thru June 30th: $313 billion deficit

$313 billion dollars have been added to the national debt in 6 months of this year. The government is “temporarily” borrowing from federal government pensions because of the debt limit. Once the debt limit is raised, the pension money is restored and the government issues bonds/notes.

Source:
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0117.pdf
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0217.pdf
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0317.pdf
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0417.pdf
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0517.pdf
https://www.fiscal.treasury.gov/fsreports/rpt/mthTreasStmt/mts0617.pdf


34 posted on 08/19/2017 9:00:15 AM PDT by SpeedyInTexas
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To: SpeedyInTexas

The statement is implied that he cut $102B.


40 posted on 08/19/2017 9:21:17 AM PDT by CodeToad (Victorious warriors WIN first, then go to war! Go TRUMP!!!)
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