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US President Trump decreases US Debt by more than $100 Billion

This will not be shared by CNN, the Failing NYT or the Washington Post.

Alex Christoforou

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For all the bad press (and fake news) heaped on US President Trump by the liberal left mainstream media, important fiscal discipline is starting to seep through the massive spending made from deep within the DC swamp.

President Trump has cut more US Federal debt for a longer period of time than any US President in history.

Via The Gateway Pundit

When President Trump was inaugurated on January 20, 2017 the amount of US Federal Debt owed both externally and internally was over $19 Trillion at $19,947,304,555,212.

As of August 17th the amount of US Debt had decreased by more than $100 Billion to $19,845,188,460,167.

No President in US history has ever cut the amount of US Debt by this amount and no President has resided over a debt cut like this ever. 

History buffs may say that this is incorrect because President Bill Clinton and President George W. Bush oversaw US Debt cuts over a period of a few years after the Republican Congress led by House Speaker Newt Gingrich forced Clinton into signing a balanced budget.  We thought the same, but our analysis determined that this is actually not correct.

The Gateway Pundit notes that Congress did push Clinton into signing a balanced budget but the amount of US debt during this period actually increased. This is confirmed through data maintained by the US Treasury at Treasurydirect.gov.

The US Government Accountability Office (GAO) has performed audits since 1997 of the US Debt amounts outstanding. In their analysis they show that when accounting for US Debt Held by the Public and US Intergovernmental Debt Holdings, the amount of US Debt has increased every year since their audits began.

Via The Gateway Pundit

The amount of US Debt Held by the Public decreased each year from 1999, 2000 and 2001 but the amount Intergovernmental Debt Holdings increased at larger amounts during this period.

The Treasury website does provide daily amounts of debt outstanding but this reporting only goes back to March 31, 2005. The Treasury does provide monthly amounts outstanding back through September 30, 2001 and annual amounts back through 1997.  The audited financial statement show the increase in US Debt annually from 1997 through 2016.

We know that no President has reduced the amount of US Debt for a longer period of time because no President has reduced the amount of US Debt since 1997.

A review of the amount of (unaudited) of US Debt outstanding back through the Civil War shows that the last time the US Federal Government had a debt decrease between years was when Republican Eisenhower was President in 1957 and 1958.  He cut the amount of US Debt by $2 Billion each year from $274 Billion in 1956 to $273 Billion in 1957 and again to $271 Billion in 1958.

No President besides President Donald Trump has cut the amount of US Debt by $100 Billion ever.

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K.P.ShahnaCJ SimonAndy MasakiVera Gottlieb Recent comment authors
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Daisy Adler
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Daisy Adler

A drop in the bucket of $20,000 billion debt.

Popart 2015
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Popart 2015

As soon as NK war starts as soon that debt will skyrocketing!

foxenburg
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foxenburg

You say Trump cut the debt. What did he do to achieve this?

Shahna
Guest

He hasn’t.
Just look at the debt clock.

And check out the unfunded liabilities while you’re there… (WOW)

Seán Murphy
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Seán Murphy

100 billion seems a lot, but off a deficit of nearly 21 trillion it’s not a lot.

Shahna
Guest

Not even a percent – AND the Debt Clock says otherwise.
Fluff for the American sheeple.

Shahna
Guest

No President besides President Donald Trump has cut the amount of US Debt by $100 Billion ever.
—————
How many Tomahawks missiles is that?

Shahna
Guest

You sure someone isn’t pulling your leg?

US debt clock says $19,972,971,XXX,XXX
(Them X’s are changing too fast to call ’em numbers.)

Shahna
Guest

And between that post and this one it went UP by $1 million…..

tiredofthemedialies
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tiredofthemedialies

That’s a tiny ammount. The per-annum interest on the debt is more than that.

Shahna
Guest

Interest is $1 billion PER DAY.

RobertX5
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RobertX5

Is the Duran not aware of the rules pertaining to the debt limit. In Oct 15 the limit was suspended but was to be reintroduced in Much 17 at whatever the debt was, turned out to be a shade under 20 trillion. The treasury announced the introduction of emergency measures to delay default which is expected to keep things going till Nov. At that time if a new limit is not agreed the gov will stop paying certain bills. If a new limit is agreed the debt will lurch upwards as the emergency measures unwind..

Vera Gottlieb
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Vera Gottlieb

How was this accomplished? I know Americans love to fib with their figures when it is a matter of looking good.

Shahna
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Vera Gottlieb
Guest
Vera Gottlieb

Thanks but I still don’t see it. Fibbing with figures…an old trick.

CJ Simon
Guest
CJ Simon

http://www.usdebtclock.org is just a program running on autopilot. It does not reflect the actual debt accurately. If you look at other clocks that update weekly you will see that the current debt is approx. $19,861,737,662,637. The usdebtclock.org is off by almost 115 billion. That makes Trump one of the greatest Presidents fiscally in my lifetime.

Shahna
Guest

Good luck.
The difference between $19.9T and $19.8T seems a little more … academic … to me. BTW. What gives you the idea that that one is more accurate than this one or vice versa?

115 billion …. what’s your military budget again?
So what’s 115B – 6 weeks in Afghanistan?
Time flies.

K.P.
Guest
K.P.

Not even close. You’re thanking the wrong man. It’s courtesy of Obama. However, provide me with proof on your claim and we’ll see.

Shahna
Guest

“As of August 17th the amount of US Debt had decreased by more than $100 Billion to $19,845,188,460,167.”

and in the last four (4) days it climbed up to $19,973,015,599,010…..??
Yah sure.
————————–
Fluff for the sheeple!
Support Trump – he’s bringing down the debt. Just ANOTHER Yankee lie.

Andy Masaki
Guest

It is true that there has been a more than $100 billion decrease in overall debt. So, is it really a credit going to Mr. Trump? Or we the citizen of US should take the credit? For those who don’t know, you can issue a check payable to the Bureau of the Fiscal Service stated as a gift to reduce public debt. Who knows what happened behind the curtains!!

CJ Simon
Guest
CJ Simon

For those of you who keep referring to http://www.usdebtclock.org:
http://www.usdebtclock.org is just a program running on autopilot. It does not reflect the actual debt accurately. If you look at other clocks that update weekly you will see that the current debt is approx. $19,861,737,662,637. The usdebtclock.org is off by almost 115 billion. That makes Trump one of the greatest Presidents fiscally in my lifetime.

K.P.
Guest
K.P.

No it doesn’t. If you keep copying and pasting the same stuff I’m gonna start suspecting you’re a paid troll.

K.P.
Guest
K.P.

I actually researched on this when somebody mentioned it. That decrease is courtesy of President Obama (if you looked you could see Obama decreased the amount each year, something you won’t see on the failing Washington Times, fake Fox “News” or the Gateway Pundit.) Not only can you tell from the chart but Trump didn’t sign any significant piece of legislative until later in the year so how can he get credit for something he didn’t do? Come on now!
However, he has added $1.4 (and growing) trillion to the deficit.

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US media suffers panic attack after Mueller fails to deliver on much-anticipated Trump indictment

Internet mogul Kim Dotcom said it all: “Mueller – The name that ended all mainstream media credibility.”

RT

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Via RT


Important pundits and news networks have served up an impressive display of denials, evasions and on-air strokes after learning that Robert Mueller has ended his probe without issuing a single collusion-related indictment.

The Special Counsel delivered his final report to Attorney General William Barr for review on Friday, with the Justice Department confirming that there will be no further indictments related to the probe. The news dealt a devastating blow to the sensational prophesies of journalists, analysts and entire news networks, who for nearly two years reported ad nauseam that President Donald Trump and his inner circle were just days away from being carted off to prison for conspiring with the Kremlin to interfere in the 2016 presidential election.

Showing true integrity, journalists and television anchors took to Twitter and the airwaves on Friday night to acknowledge that the media severely misreported Donald Trump’s alleged ties to Russia, as well as what Mueller’s probe was likely to find. They are, after all, true professionals.

“How could they let Trump off the hook?” an inconsolable Chris Matthews asked NBC reporter Ken Dilanian during a segment on CNN’s ‘Hardball’.

Dilanian tried to comfort the CNN host with some of his signature NBC punditry.

“My only conclusion is that the president transmitted to Mueller that he would take the Fifth. He would never talk to him and therefore, Mueller decided it wasn’t worth the subpoena fight,” he expertly mused.

Actually, there were several Serious Journalists who used their unsurpassed analytical abilities to conjure up a reason why Mueller didn’t throw the book at Trump, even though the president is clearly a Putin puppet.

“It’s certainly possible that Trump may emerge from this better than many anticipated. However! Consensus has been that Mueller would follow DOJ rules and not indict a sitting president. I.e. it’s also possible his report could be very bad for Trump, despite ‘no more indictments,'” concluded Mark Follman, national affairs editor at Mother Jones, who presumably, and very sadly, was not being facetious.

Revered news organs were quick to artfully modify their expectations regarding Mueller’s findings.

“What is collusion and why is Robert Mueller unlikely to mention it in his report on Trump and Russia?” a Newsweek headline asked following Friday’s tragic announcement.

Three months earlier, Newsweek had meticulously documented all the terrible “collusion” committed by Donald Trump and his inner circle.

But perhaps the most sobering reactions to the no-indictment news came from those who seemed completely unfazed by the fact that Mueller’s investigation, aimed at uncovering a criminal conspiracy between Trump and the Kremlin, ended without digging up a single case of “collusion.”

The denials, evasions and bizarre hot takes are made even more poignant by the fact that just days ago, there was still serious talk about Trump’s entire family being hauled off to prison.

“You can’t blame MSNBC viewers for being confused. They largely kept dissenters from their Trump/Russia spy tale off the air for 2 years. As recently as 2 weeks ago, they had @JohnBrennan strongly suggesting Mueller would indict Trump family members on collusion as his last act,” journalist Glenn Greenwald tweeted.

While the Mueller report has yet to be released to the public, the lack of indictments makes it clear that whatever was found, nothing came close to the vast criminal conspiracy alleged by virtually the entire American media establishment.

“You have been lied to for 2 years by the MSM. No Russian collusion by Trump or anyone else. Who lied? Head of the CIA, NSA,FBI,DOJ, every pundit every anchor. All lies,” wrote conservative activist Chuck Woolery.

Internet mogul Kim Dotcom was more blunt, but said it all: “Mueller – The name that ended all mainstream media credibility.”

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Canadian Lawmaker Accuses Trudeau Of Being A “Fake Feminist” (Video)

Rempel segued to Trudeau’s push to quash an investigation into allegations that he once groped a young journalist early in his political career

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Via Zerohedge

Canada’s feminist-in-chief Justin Trudeau wants to support and empower women…but his support stops at the point where said women start creating problems for his political agenda.

That was the criticism levied against the prime minister on Friday by a conservative lawmaker, who took the PM to task for “muzzling strong, principled women” during a debate in the House of Commons.

“He asked for strong women, and this is what they look like!” said conservative MP Michelle Rempel, referring to the former justice minister and attorney general Jody Wilson-Raybould, who has accused Trudeau and his cronies of pushing her out of the cabinet after she refused to grant a deferred prosecution agreement to a Quebec-based engineering firm.

She then accused Trudeau of being a “fake feminist”.

“That’s not what a feminist looks like…Every day that he refuses to allow the attorney general to testify and tell her story is another day he’s a fake feminist!”

Trudeau was so taken aback by Rempel’s tirade, that he apparently forgot which language he should respond in.

But Rempel wasn’t finished. She then segued to Trudeau’s push to quash an investigation into allegations that he once groped a young journalist early in his political career. This from a man who once objected to the continued use of the word “mankind” (suggesting we use “peoplekind” instead).

The conservative opposition then tried to summon Wilson-Raybould to appear before the Commons for another hearing (during her last appearance, she shared her account of how the PM and employees in the PM’s office and privy council barraged her with demands that she quash the government’s pursuit of SNC-Lavalin over charges that the firm bribed Libyan government officials). Wilson-Raybould left the Trudeau cabinet after she was abruptly moved to a different ministerial post – a move that was widely seen as a demotion.

Trudeau has acknowledged that he put in a good word on the firm’s behalf with Wilson-Raybould, but insists that he always maintained the final decision on the case was hers and hers alone.

Fortunately for Canadians who agree with Rempel, it’s very possible that Trudeau – who has so far resisted calls to resign – won’t be in power much longer, as the scandal has cost Trudeau’s liberals the lead in the polls for the October election.

 

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Why Joe May be Courting Stacey

Joe Biden has a history on compulsory integration dating back to the 1970s that Sen. Jesse Helms called “enlightened.”

Patrick J. Buchanan

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Authored by Patrick Buchanan via The Unz Review:


Of 895 slots in the freshman class of Stuyvesant High in New York City, seven were offered this year to black students, down from 10 last year and 13 the year before.

In the freshman class of 803 at The Bronx High School of Science, 12 students are black, down from last year’s 25.

Of 303 students admitted to Staten Island Technical High School, one is African-American.

According to The New York Times, similar patterns of admission apply at the other five most elite high schools in the city.

Whites and Asians are 30 percent of middle school students, but 83 percent of the freshman at Bronx High School of Science, 88 percent at Staten Island Technical and 90 percent at Stuyvesant.

What do these numbers tell us?

They reveal the racial composition of the cohort of scientists and technicians who will lead America in the 21st century. And they tell us which races will not be well represented in that vanguard.

They identify a fault line that runs through the Democratic Party, separating leftists who believe in equality of results for all races and ethnic groups, and those who believe in a meritocracy.

Mayor Bill de Blasio has expressed anger and frustration at the under-representation of blacks and Hispanics in the elite schools. But Gov. Andrew Cuomo and the state legislature have ignored his pleas to change the way students are admitted.

Currently, the same test, of English and math, is given to middle school applicants. And admission to the elite eight is offered to those who get the highest scores.

Moreover, Asians, not whites, are predominant.

Though 15 percent of all middle school students, Asians make up two-thirds of the student body at Stuyvesant, with 80 times as many slots as their African-American classmates.

The egalitarian wing of the Democratic Party sees this as inherently unjust. And what gives this issue national import are these factors:

First, the recent scandal where rich parents paid huge bribes to criminal consultants to get their kids into elite colleges, by falsifying records of athletic achievement and cheating on Scholastic Aptitude Tests, has caused a wave of populist resentment.

Second, Harvard is being sued for systemic reverse racism, as black and Hispanic students are admitted with test scores hundreds of points below those that would disqualify Asians and whites.

Third, Joe Biden has a history on compulsory integration dating back to the 1970s that Sen. Jesse Helms called “enlightened.”

Here are Biden’s quotes, unearthed by The Washington Post, that reflect his beliefs about forced busing for racial balance in public schools:

“The new integration plans being offered are really just quota systems to assure a certain number of blacks, Chicanos, or whatever in each school. That, to me, is the most racist concept you can come up with.

“What it says is, ‘In order for your child with curly black hair, brown eyes, and dark skin to be able to learn anything, he needs to sit next to my blond-haired, blue-eyed son.’ That’s racist!

“Who the hell do we think we are, that the only way a black man or woman can learn is if they rub shoulders with my white child?

“I am philosophically opposed to quota systems. They insure mediocrity.”

That was 44 years ago. While those views were the thinking of many Democrats, and perhaps of most Americans, in the mid-’70s, they will be problematic in the 2020 primaries, where African-Americans could be decisive in the contests that follow Iowa and New Hampshire.

Biden knows that just as Bernie Sanders, another white male, fell short in crucial South Carolina because of a lack of support among black voters, he, too, has a problem with that most loyal element in the Democratic coalition.

In 1991, Biden failed to rise to the defense of Anita Hill when she charged future Justice Clarence Thomas with sexual harassment. In the Senate Judiciary Committee, he was a law-and-order champion responsible for tough anti-crime legislation that is now regarded as discriminatory.

And he has a record on busing for racial balance that made him a de facto ally of Louise Day Hicks of the Boston busing case fame.

How, with a record like this, does Biden inoculate himself against attacks by rival candidates, especially candidates of color, in his run for the nomination?

One way would be to signal to his party that he has grown, he has changed, and his 2020 running mate will be a person of color. Perhaps he’ll run with a woman of color such as Stacey Abrams, who narrowly lost the 2018 governor’s race in Georgia.

An ancillary benefit would be that Abrams on the ticket would help him carry Georgia, a state Donald Trump probably cannot lose and win re-election.

Wrote Axios this morning:

“Close advisers to former Vice President Joe Biden are debating the idea of packaging his presidential campaign announcement with a pledge to choose Stacey Abrams as his vice president.”


Patrick J. Buchanan is the author of “Nixon’s White House Wars: The Battles That Made and Broke a President and Divided America Forever.”

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