Replies to post #265442 on Tornado Alley (PROG)

[F6]

Fact-checking Trump's claim about debt dropping by $12B in last month

By Rebecca Shabad
February 25, 2017, 2:13 PM

President Trump claimed Saturday that the national debt decreased by $12 billion in his first month as commander in chief.

Mr. Trump made the claim in a tweet [

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

] in the morning.

Later in the day, the president of the nonpartisan Committee for a Responsible Budget said that while the debt outstanding did decline by $12 billion in his first month, it had nothing to do with new policies implemented by his administration.

“It is true the debt outstanding declined by $12 billion in the first month of Donald Trump’s presidency. We applaud the president for focusing on the debt as an important metric of success and economic health, but would point out that the improvement this early in his term has to do with normal fluctuations in spending and revenues rather than new policies he has implemented,” Maya MacGuineas said.

She added that she hopes Mr. Trump’s forthcoming budget blueprint will lay out a plan to shrink the national debt instead of growing it.

“Our economy’s debt is one of the most important metrics of the nation’s health, and a reasonable fiscal plan based on realistic economic projections will be a critical piece of a comprehensive plan to grow the economy and help American families,” she said.

© 2017 CBS Interactive Inc.

http://www.cbsnews.com/news/fact-checking-trumps-claim-about-debt-dropping-by-12b-in-last-month/ [with comments]

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[fuagf]

JimLur, yours is Mostly False .. lol, what fiscal measures has Trump taken to affect the national debt, is an obvious
question anyone would ask .. the answer is none .. Trump's claim to you should have felt as it did to me .. Mostly False ..
http://www.politifact.com/truth-o-meter/statements/2017/feb/25/donald-trump/why-donald-trumps-tweet-about-decline-national-deb/

That post is as silly as your ..
http://investorshub.advfn.com/boards/read_msg.aspx?message_id=129002142

which makes no comparison of the cost of that kind of fraud over different administration terms, as of course there will always be some in a program
that size .. so that article is nothing more than an meaningless hit job on Obama .. heh, and didn't you see the contradiction in the heading

Liberals Forgot That Obama Paid Over $1 Billion In Social Security To ILLEGALS

and this bit

Over the last decade, the agency paid $1 billion to 22,426 representative payees who
“did not have an SSN, and SSA had not followed its policy to retain the paper application.”

from the body?? .. they are in obvious conflict with each other, as Obama wasn't in for a decade .. that boob is a measure of the quality of the missed jab.