Snopes admitted (grudgingly) that the national debt HAS been reduced by $102 BILLION since POTUS was inaugurated

Has the National Debt Fallen by $102 Billion Since Donald Trump's Inauguration?Leonard Zhukovsky/Shutterstock.com

A conservative web site accurately describes a remarkable decline in the debt since January 2017, but offers no evidence that the President is responsible for it.

Conclusion
The Truth Division article accurately describes the extent to which the national debt fell between the inauguration of Donald Trump in January 2017, and the end of July. And it rightly describes this fall as “surprising”, since it ranks among the very largest 131-day declines in the national debt since July 1993 – both in absolute and percentage terms. 
Similarly, the decline in both components of the national debt – public debt and intragovernmental holdings – was highly significant between 20 January and 27 July 2017, both in absolute and percentage terms. 
And as we’ve shown, the national debt has fallen by an estimated 2.25% since Inauguration Day, even when measured against the size of the overall Unites States economy. 
Whether or not any actions or decisions made by Donald Trump have caused or contributed to these historically remarkable declines in the debt, is a question that goes beyond the scope of this particular fact check.

You can download a spreadsheet containing all the data relevant to this article here.

https://archive.is/jQ8SK

Views: 991

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by Parrhesia on August 27, 2017 at 11:01pm

Of course Donald Trump had nothing to do with the decline, but in all fairness they never said Barry was responsible for the unbelievable increase when he was in office.

Image result for 20 year national debt chart

Comment by Less Prone on August 27, 2017 at 9:31pm

The usury cabal must be furious.

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

Doc Vega posted blog posts
yesterday
Burbia favorited tjdavis's photo
yesterday
FREEDOMROX's blog post was featured
yesterday
cheeki kea commented on cheeki kea's blog post WHY YOU MUST UNDERSTAND AMYLOIDOSIS AND AMYLOID PLAQUES June 13, 2022
yesterday
FREEDOMROX posted a blog post
yesterday
Doc Vega commented on Doc Vega's blog post The Many Keys to Deadly Secrecy in our Government
"cheeki kea, thanks so much for your support."
Friday
FREEDOMROX posted a blog post
Thursday
cheeki kea favorited Doc Vega's blog post The Many Keys to Deadly Secrecy in our Government
Thursday
cheeki kea commented on cheeki kea's photo
Thursday
cheeki kea posted a photo
Wednesday
cheeki kea replied to cheeki kea's discussion Tartaria
"Greetings to you John, You're right and it didn't take long for those manuals to totally…"
Wednesday
Doc Vega posted a blog post

The Many Keys to Deadly Secrecy in our Government

We now know thanks to the legislation of FOIA access to federal documents and evidence and the…See More
Wednesday
Less Prone favorited tjdavis's photo
Wednesday
Less Prone favorited rlionhearted_3's photo
Wednesday
John Miller commented on rlionhearted_3's photo
Thumbnail

Another incredibly Stupid!! What, no mirrors?

"Brutal post... not sure it’s helping anyone though."
Tuesday
John Miller replied to cheeki kea's discussion Tartaria
"Tartaria: the empire that built half the world's cathedrals, then vanished because someone…"
Tuesday
Burbia commented on rlionhearted_3's photo
Thumbnail

Another incredibly Stupid!! What, no mirrors?

"This movie portrayed plastic surgery as absurd. I guess the numbers in the real world are growing."
Tuesday
Burbia commented on tjdavis's photo
Thumbnail

Redux

"Ah yes, General Jussitri Smolletkov. Good tongzhi. Good tongzhi."
Tuesday
Doc Vega posted a blog post

Unusual Discoveries and Headlines

Archaeologists have discovered an ancient tool dated to be 6,000 years old, but even more…See More
Jun 2
tjdavis posted a video

Inside Texas HOMELESS HELL – Even Cops Don't Dare Step In! - Documentary

In this powerful documentary, we explore the escalating Texas homeless crisis 2025, where cities and rural areas alike are witnessing a disturbing rise in th...
Jun 2

© 2025   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted