The Gateway Pundit posted an article today about President Trump’s first month in office.
The article reports:
On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On February 21st, a month later, the US Debt load stood at $19,935 billion. Trump cut the US Debt burden by $12 billion and 0.1% in his first month in office!
On January 20, 2017, the US debt was $19.947 billion.
On February 21, 2017, the US debt was $19,935 billion.
By comparison, under President Obama, the US Debt burden increased by more than $200 billion in his first month in office.
Federal spending has gotten totally out of hand. It will be wonderful if President Trump can continue moving in the direction of cutting spending. One of the reasons he is meeting so much resistance is that in the culture of Washington, D.C., money equals power. Both Republicans and Democrats will fight anything that diminishes their perceived power. President Trump represents that threat.