Trump has been in office for only a few months and has already managed to cut national debt growth by 92 percent. This is definitely one of the things that would cause people to say, ‘I voted for this.’
While the left rants and raves over cuts to various government programs, Trump is securing the nation’s financial future by getting spending under control.
And remember, while Trump and Republicans are taking care of this serious business, Democrats are obsessing over and defending illegal immigrant criminals.
The contrast could not be sharper.
The Washington Examiner reports:
Trump has slowed national debt growth by 92%
For all the negative headlines hating on President Donald Trump‘s Department of Government Efficiency, daily data from the Treasury Department have vindicated the president’s crusade against our obese federal budget. Even without the trillions of dollars expected to come with Trump’s “one big, beautiful bill,” the White House has slowed the growth of federal debt held by the public so dramatically that the total national debt has actually shrunk since Inauguration Day.
Admittedly, the $5.5 billion decline in a $26.2 trillion national debt is a drop in the bucket, but focusing specifically on the trajectory of the debt held by the public — that is, the majority of the national debt that is financed through the likes of Treasurys, rather than intragovernmental holdings, which is merely money one agency may owe another — we can see that the second Trump administration has indeed taken a machete to federal spending.
From Inauguration Day to May 5, debt held by the public rose by $37,238,323,646.66. Because this accounts for an influx of revenue around April Tax Day, the comparable window to compare Trump’s performance to that of his predecessor is not Trump’s first 104 days with the last 104 days of Joe Biden (when debt held by the public rose by $521,984,501,224.88), but to the same window in 2024.
From Jan. 22, 2024, to May 6, 2024, debt held by the public rose by $478,402,286,425.95.
Still, that means that the growth in our outstanding national debt fell by an astounding 92%.
For decades now, every president has talked about doing something about our national debt. Trump is actually doing it.
Trump has slowed national debt growth by 92%https://t.co/Sn1GU8zKUC
— GOP (@GOP) May 8, 2025
Democrats and the media will try to find some way to spin this negatively, but only because they don’t want Trump to succeed. The truth is that this is excellent news for the whole country.
Read the full article here