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Started By
Message
Debt reduced by 68 billion in 50 days
Posted on 3/10/17 at 7:34 pm
Posted on 3/10/17 at 7:34 pm
LINK
quote:
On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!
9
Posted on 3/10/17 at 8:15 pm to Jjdoc
quote:
On January 20th, the day of the Trump Inauguration, the US Debt stood at $19,947 billion. On March 8th, more than a month later, the US Debt load stood at $19,879 billion. Trump has cut the US Debt burden by $68 billion and 0.3% in since his inauguration!
Jan. 20, the day Trump took office, the federal government had a cash operating balance of $382 billion. On March 8, 2017 the federal government had a cash operating balance of $66 billion. LINK
The Trump administration has burned through $316 Billion in cash in the same Jan 20 through March 8 period of time.
Trump is burning through our cash like a drunken sailor.
Posted on 3/10/17 at 8:17 pm to Bullethead88
Spin spin spin
Posted on 3/10/17 at 8:17 pm to Bullethead88
He's got enough left for the wall...
Posted on 3/10/17 at 8:17 pm to Jjdoc
So then why is the treasury department saying that debt ceiling will be reached next week?
I'm being serious. The official debt figures show a decrease, but they are also saying that we are going to hit the ceiling next week.
I'm being serious. The official debt figures show a decrease, but they are also saying that we are going to hit the ceiling next week.
This post was edited on 3/10/17 at 8:20 pm
Posted on 3/10/17 at 8:24 pm to buckeye_vol
Billion or trillion?
Posted on 3/10/17 at 8:24 pm to Bullethead88
quote:
The Trump administration has burned through $316 Billion in cash in the same Jan 20 through March 8 period of time.
Obama burned through that with a flight to Iran.
Posted on 3/10/17 at 8:29 pm to buckeye_vol
Mnuchin calls for Congress to raise federal debt limit
quote:
Treasury will use a variety of bookkeeping maneuvers to continue to finance government operations, including making interest payments on the national debt. However, the Congressional Budget Office estimated in a report earlier this week that those measures will be exhausted by sometime in the fall.
This post was edited on 3/10/17 at 8:31 pm
Posted on 3/10/17 at 8:41 pm to ChexMix
quote:
Spin spin spin
I'm not spinning anything, jackhole.
The OP said the national debt was reduced by $68 billion in the 1st 50 days. During the same time, the cash balance went down $318 billion.
Do you know how the first number is related to the second?
Posted on 3/10/17 at 8:50 pm to Bullethead88
quote:
The OP said the national debt was reduced by $68 billion in the 1st 50 days. During the same time, the cash balance went down $318 billion.
Do you know how the first number is related to the second?
All business numbers appear in a vacuum. The assets aren't related to the liabilities
Posted on 3/10/17 at 8:56 pm to Jjdoc
Plenty enough cash to build walls!
Posted on 3/10/17 at 9:01 pm to Jjdoc
That's only ~$680 per household that pays any federal income tax, liberals will say that is nothing. 
Posted on 3/10/17 at 9:02 pm to Bullethead88
quote:
I'm not spinning anything, jackhole.
The OP said the national debt was reduced by $68 billion in the 1st 50 days. During the same time, the cash balance went down $318 billion.
Do you know how the first number is related to the second?
All those Obozo Regime rejects ripping the cord on their golden parachutes on the way out the door since the new sheriff came to town are burning through the cash.
Posted on 3/10/17 at 9:03 pm to ChexMix
quote:
Spin spin spin
I'm not sure you know what "spin" means. 
Posted on 3/10/17 at 9:10 pm to Jjdoc
Can't wait to see all "muh Barry's policies are starting to work" shite.
Posted on 3/10/17 at 9:12 pm to Jjdoc
Nobody wants to hear this, do they? He´s doing a good job. Ruffling some feathers, damned sure ruffling feathers of those of a certain ilk, but he´s doing work.
Posted on 3/10/17 at 9:17 pm to Bullethead88
quote:
During the same time, the cash balance went down $318 billion.
Do you know why?
Posted on 3/10/17 at 9:29 pm to UncleFestersLegs
quote:
During the same time, the cash balance went down $318 billion.
quote:
Do you know why?
Because Trump likes to spend other people's money?
Posted on 3/10/17 at 9:31 pm to Bullethead88
quote:So you seriously dont know?
Because Trump likes to spend other people's money?
Posted on 3/10/17 at 9:33 pm to Jjdoc
and he's also increased the deficit
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