Last week we reported: “Amazing! Trump Cuts US Debt by $12 Billion In His First Month”
We reported that President Trump had cut the US Debt by 12 Billion during his first month as president. By comparison, under President Obama, we reported that the US Debt burden increased by more than $200 billion in his first month in office. These numbers were all supported from the Treasurydirect website.
We also reported that Obama increased the US Debt by 2% in his first month and signed the trillion dollar ‘Stimulus’ bill which is widely considered a colossal failure and waste of US tax dollars as well. The failed ‘Stimulus’ did not kick in till later in Obama’s first year leading to Obama’s first year deficit of $1.4 trillion. Overall Obama doubled the US Debt during his Presidency and set records for highest deficits and the largest debt increase by any President ever.
President Trump then tweeted over the weekend the same numbers we reported:
The media has not reported that the National Debt in my first month went down by $12 billion vs a $200 billion increase in Obama first mo.
— Donald J. Trump (@realDonaldTrump) February 25, 2017
Again the numbers are supported by the US Government’s own reporting. Both us and the President were accurate – the numbers are undisputed.
Then the Left Wing FAKE NEWS website Politifact got ahold of our story. They repeated our President’s email and then noted our post:
The tweet mirrors an article posted on the Gateway Pundit website a few days earlier. It was repeated by conservative pundit Herman Cain on Fox News shortly before Trump’s tweet.
Politifact then goes on to say:
The numbers check out. And in fact, the total public debt has dropped another $22 billion since the Gateway Pundit article published, according to data from the U.S. Department of Treasury.
Then Politifact goes into the world of crazy and untrue and shares various liberal individuals’ predictions of the debt in the future and they conclude:
This factoid is a gross misrepresentation of the state of the debt and the role the new president had in shaping the figure.
We rate this claim Mostly False.
Politifact again shows their utter liberal position on everything and again are no where near the truth. The numbers are there. The GWP and the President are correct. Politifact confirms our numbers.
We rate Politifact – False and Crazy!