Donald Trump, the new US President, has reminded that after one month in the office, the national debt has decreased by $12 billion.
"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.," Trump posted on Twitter February 25, 2017.
He added that the economic indicators suggest optimistic outlook for the future of the US business: “Great optimism for future of U.S. business, AND JOBS, with the DOW having an 11th straight record close. Big tax & regulation cuts coming!”
For comparison, he added that there was a $200 billion increase in the first month of the Obama administration.
According to data from the U.S. Department of Treasury, on January 20, 2017, the day of Trump’s inauguration, the US national debt stood at $19,947 billion. On February 21, 2017, it was $19,935 billion.
