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?
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.
Comment
-
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.
-
Comment by Less Prone on August 27, 2017 at 9:31pm
-
The usury cabal must be furious.
"Destroying the New World Order"
THANK YOU FOR SUPPORTING THE SITE!
Latest Activity
- Top News
- Everything
"cheeki kea, you're right, Great Britain invented the Harrier Jump Jet which the US Marines…"
The TRUE Story of a Government-Sponsored Alien Hoax | Fallen World Films | #ufo #uap #drones
**This video is a selected clip from the full-length film, "The Heavens and the Earth: The Final Card"*WATCH the Full Movie HERE!*The Heavens and the Earth: ...
" https://www.youtube.com/watch?v=HHStTN8z1MQ <--jump jet link. An American…"
" I find it hard to seriously believe anything that the powers that be say or their…"
"Mass psychosis Formation. Mass Formation in itself is not necessary a bad thing but 90% of it is…"
Final Judgment Approaches: What the Noahide Laws Reveal
The Seven Noahide Laws, often seen as a precursor to a global system of judgment, stand in stark contrast to the teachings of the New Testament. Jesus Christ...
Too Brainwashed to Use Common Sense
You know that you have a society in a death grip when you can propose ridiculous intelligence…See More
Screenshot_20250111-011628
"AND Newsom puppet was Happy about it ! So much so he was jigging in delight just thinking about it.…"
Robot Reality: They Will Be Our Intimate Companions
Here is the stark unrequited reality. In China alone there are 300 thousand more men than women…See More
IT IS MA'AM! Full Transgender Freakout Video
Subscribe for more!Follow us on Instagram instagram.com/trumped.america
Blackout
"ps - Some Trump fans are concerned over these latest stunts but look how he gives the stage over to…"
© 2025 Created by truth.
Powered by
You need to be a member of 12160 Social Network to add comments!
Join 12160 Social Network