It looks like you're using an Ad Blocker.

Please white-list or disable AboveTopSecret.com in your ad-blocking tool.

Thank you.

 

Some features of ATS will be disabled while you continue to use an ad-blocker.

 

Trump adds 41% to Federal Debt

page: 4
20
<< 1  2  3   >>

log in

join
share:

posted on Sep, 18 2018 @ 08:47 PM
link   
a reply to: soberbacchus

YOU.. are Fake News.
That would be all. *I may send you a calculator in the mail*




posted on Sep, 19 2018 @ 11:15 AM
link   
a reply to: Vector99

Perhaps other sources might help you:



For the rest of his term, Trump plans to add $8.282T more to the federal debt, which will push the debt levels to about $30T in total. That represents a 41% increase from the $20.245T debt under the Obama administration.


seekingalpha.com...

For THE REST OF HIS TERM (8 YEARS) CBO Projected at 8.282T



posted on Sep, 19 2018 @ 11:19 AM
link   

originally posted by: CriticalStinker

originally posted by: OtherSideOfTheCoin
Are we sure this is accurate....

I only ask because adding on 41% seems absolutely massive, how has this happened.


Yea, I'm not seeing this add up based off of the article, as pointed out by Dasman888.

I'm not thrilled with it rising at all, but it doesn't look as bleak as 41%.


8.282T is the projection for Trump's 8 years of budget.
That is 41%

His first term 4 years 4.775T "will add almost as much in four years as Obama did in eight."

Those numbers are based on what Trump has asked for, what has gotten approved by congress and what is projected by CBO.



posted on Sep, 19 2018 @ 11:21 AM
link   

originally posted by: conspiracytheoristIAM

originally posted by: soberbacchus

originally posted by: Vector99
Any lib got a free second to check my math?
$1.119
+$1.198
+$1.225
+$1.233
----------
=$8.282


Is there a reason you are repeating the OPs (accurate) math?





Donald Trump: As projected in the FY 2019 budget, Trump plans to add $8.282 trillion, a 41-percent increase from the $20.245 trillion debt at the end of Obama's last budget for FY 2017.

He will add almost as much in four years as Obama did in eight.

That would also make him the second-biggest contributor to the debt in history in just one term.


•FY 2021 - $1.119 trillion.
•FY 2020 - $1.198 trillion.
•FY 2019 - $1.225 trillion.
•FY 2018 - $1.233 trillion.


www.thebalance.com...




1.119 + 1.198 + 1.225 + 1.223 = 4.775....where is 8.282 ???....just add up the less than 1T amounts........119 + .198 + .225 +.233 = .775 + the 4T= $4.775 trillion


See above.

You are confusing first term and full term.

Trumps first 4 years $4.775 Trillion will add almost as much as Pres. Obama did in his 8 years.

Trump's full 8 year projection 8.282T will add 41% to the debt.



posted on Sep, 19 2018 @ 11:21 AM
link   

originally posted by: efabian
a reply to: soberbacchus

YOU.. are Fake News.
That would be all. *I may send you a calculator in the mail*


I suspect you do not own one.



posted on Sep, 19 2018 @ 11:53 AM
link   

originally posted by: soberbacchus

originally posted by: efabian
a reply to: soberbacchus

YOU.. are Fake News.
That would be all. *I may send you a calculator in the mail*


I suspect you do not own one.


I'll have you know he owns two, and they each can count up to 5.




top topics
 
20
<< 1  2  3   >>

log in

join