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According to a daily history of the national debt compiled by Treasury Direct, the national debt stood at $21,119,428,167,134.32 on April 2.
That amount fluctuated for several days before dropping substantially to a low point of $21,030,629,980,055.97 on May 1, prior to increasing somewhat, quite possibly the result of tax revenues flooding into the treasury over the course of the month.
As of June 1, the national debt stood at $21,083,101,841,090.82, a difference of $36.3 billion.
The national debt is known to fluctuate slightly from time to time from a myriad of factors, and though the president’s detractors would be loath to admit it, there is little doubt that Trump’s economic policies have played a role in this admittedly marginal reduction of the debt.
That said, $36 billion is not an amount that can be dismissively waved away, and signifies real money that could be used to fund other initiatives of the president that Congress seems incapable of funding.
before dropping substantially to a low point of $21,030,629,980,055.97 on May 1,
originally posted by: Bluntone22
a reply to: xuenchen
It sounds great but this is like me spending one less penny at the end of the year.
Hard to get overly excited.
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Date Debt Held by the Public Intragovernmental Holdings Total Public Debt Outstanding
05/07/2018 15,332,140,579,833.99 5,712,026,059,742.74 21,044,166,639,576.73
06/06/2018 15,425,885,426,743.22 5,676,467,447,251.19 21,102,352,873,994.41
originally posted by: Sillyolme
a reply to: xuenchen
April is usually a pretty good month revenue wise for Uncle Sam isnt it?
a reply to: theantediluvian
Barack Obama -- Under President Obama, the national debt grew the most dollar-wise. He added $7.917 trillion, a 68 percent increase, in seven years. This was the fifth-largest increase percentage-wise. Obama's budgets included the economic stimulus package. It added $787 billion by cutting taxes, extending unemployment benefits, and funding public works projects. The Obama tax cuts added $858 billion to the debt in two years.