Has President Trump already saved 654.5 billion dollars?

I just got this intriguing reply back in another discussion so I wanted to put this
figure in front of some of you here for verification..... or disproof as the case may be?

I am expecting President Trump to be competent in many surprising ways but this is awfully soon in his Presidency for him to accomplish this much.

If Zorro is correct in this assertion then this sure helps to explain why Wall Street is booming!

http://www.politicalforum.com/index...voted-for-trump.501210/page-4#post-1067376876

Why As A Philosopher I Voted For Trump

 

Date......04/20/2017
Debt held by the public...................14,319,510,296,937.08
Intragovernmental holdings......... 5,526,783,380,500.72
Total Public Debt Outstanding........19,846,293,677,437.80

 

Trump's budget will take effect next year once it is submitted and revised by congress. This current budget is from Obama.

 

I think the Wall Street Rally is a false dawn.

 

All of the cuts to the EPA and other regulations/bureaucracies are from obama?

No..

 

Trumps budget plans don't take place until next year. Unless this is a prediction, but it read as current. As far as I know Trump's budget hasn't even been approved.

 

Try talking to a wall instead.

 

Wednesday Trump is supposed to release his new tax policy, and where there is less taxation in his plan that amount of tax revenue must be created elsewhere. His tax plan and election will be a sham if his tax plan sustains or creates more deficit spending. Therefore, if it could be true that Trump has already saved billion$, then Trump would not need to offset tax reductions with tax increases elsewhere. The nice thing about math is that math does not lie...

 

Is it true that even though President Trump's budget doesn't go through for a number of months yet that any program that he cuts........... would technically amount to a saving to the USA Federal government?

On the other side this would also of course result in some Americans losing a cushy job as a bureaucrat....... and some companies would therefore lose lucrative government contracts but....... technically it would still go down as a saving to the government wouldn't it?

 

Thank you for that hint.

That accounts for 2.4 billion dollars right there.

http://www.independent.co.uk/news/w...-climate-change-research-global-a7632851.html

Those 3,200 bright people might want to take a look at a variation on climate stabilization that can be sold to conservatives.

A carbon tax will NOT work fast enough to address WAIS collapse.


Oh..... and as they do their research.... they really should read the open letter from Kevin O'Leary to Premier Wynn of Ontario, Canada.


Letter to Premier Wynne From Kevin O’Leary

 

Trump will never get his budget through Congress and certainly not with his proposed tax plan and TrumpCare. But considering all the government workers he has not hired, stripping away parts of government, etc. all of them are spending reductions. But they're not permanent therefore government spending remains at $4+ trillion moving forward.

I'm guessing government workers on average cost $200K per year and workers in the private sector perhaps $100K/year. So all spending reductions in government will also eliminate some quantity of both government and private sector workers. This is why it is always so difficult to reduce government spending! 23.2 million Americans work for either local, state or the federal government so millions of American workers can be effected with government spending reductions...

 

Looking at my U.S. debt history file, the total debt when Trump was inaugurated on 20 January, 2017 was $19,947,304,555,212.49 and the last data reported on 27 April 2017 showed the total debt to be $19,846,491,745,845.94 therefore regardless of the budget being created under Obama, the debt has decreased by $100,812,809,366.55 since Trump was inaugurated.
As I understand, the budget submitted contained $4.147 trillion in spending with a $503 billion deficit.
FY 2016 which ended on 30 September 2016 showed the total debt owed to be $19,573,444,713,936.79 and on 20 January 2017, 3 months and 20 days later the total debt was $19,947,304,555,212.49
an increase of $373,859,841,275.70 leaving Trump with $129,140,158,724.30 of deficit spending to be applied over the remaining 8 months and 11 days of FY 2017, or an average daily deficit spending of $510,435,409.98 to remain within the present budget.
The last true debt reduction occurred under Eisenhower with a FY 1954 debt of $274,374,222,802.62, followed by a FY 1955 debt of $272,750,813,649.32 and a FY 1956 debt of $270,527,171,896.43

 

$500+ BILLION deficits have become SOP in the USA. Debt seems meaningless to most Americans, and although Trump claimed he would reduce deficit spending fact is he is just perpetuating deficit spending. All deficit spending moves directly into debt...

 

Can't disagree with that.
Since 1988, government has added nearly $17 trillion to our debt, and interest payments have cost us just over $10 trillion in inflation adjusted dollars as of FY2016. Few complain when they perceive, right or wrong, they are getting something for nothing.
Obama had already added about 3/4 of the projected FY 2017 deficit before leaving office, so I'm still waiting to pass judgment on Trumps handling of the deficit.
Trump took office on 20 January, 2017 with the debt at $19,947,304,555,212.49 and today the government posted the debt on 28 April 2017 to be $19,846,129,308,635.72 which is $101,175,246,576.77 less.

 

Well...Trump has not passed any fiscal legislation so can't see how he can take credit for anything? Also, when you look at debt in the short term, like month to month, you will always see ups and downs which are primarily created by the receipt of tax revenues and/or the outlay of expenditures. Trump's budget presumably shows $500+ BILLION deficit spending so he's got no plans to reduce deficit spending and/or debt...

 

As little can be accomplished without first getting through both the House and the Senate, both of which the majority of members are more loyal to their respective parties than to their voter constituents, I can't place blame on Trump for not being able to accomplish many of his promises that resulted in his winning the election either.
Yes, you are correct, and looking at my spreadsheet data which contains the debt of our nation from January 1st, 1790 through September 30, 1992 on an annual basis and from January 4th, 1993 forward on a daily basis, which indeed does display daily ups and downs but how often do you find our debt trending downward over consecutive months?
FY2016 end 09/30/2016 $19,573,444,713,936.79
FY2017 Mo01 10/31/2016 $19,805,715,214,641.75 +$232,270,500,704.96
FY2017 Mo02 11/30/2016 $19,948,064,697,245.75 +$142,349,482,604.00 Trump elected President
FY2017 Mo03 12/30/2016 $19,976,826,951,047.80 +$28,762,253,802.05
............ .......... 01/20/2017 $19,947,304,555,212.49 -$29,522,395,835.31 Trump inaugurated
FY2017 Mo04 01/31/2017 $19,937,261,314,503.29 −$39,565,636,544.51
FY2017 Mo05 02/28/2017 $19,959,593,604,841.58 +$22,332,290,338.29
FY2017 Mo06 03/31/2017 $19,846,420,062,676.87 -$113,173,542,164.71
FY2017 Mo07 04/28/2017 $19,846,129,308,635.72 -$290,754,041.15

When you say Trump's budget, I assume you mean the budget for FY 2018 which I understand to contain a $392B deficit. To me it appears that Democrats, and even some Republicans are intent on making it difficult for Trump to accomplish anything at all unless they can gain something fitting their agenda at the same time. Fixing the accumulated problems of the last more than one hundred years is not going to be accomplished easily or quickly, and is likely to anger a great many people who benefit primarily from government spending.

 

Trump is proposing a $4+trillion budget with $503 billion in deficit spending. No matter how you spin this, as long as there are annual deficits, the debt will continue to increase. And no matter that the current budget is the tail end of Obama, Trump could care less what that budget says...he can under or over spend as he desires and it's up to Congress to rein him in as needed. If you're watching deficit spending then look at it each month...if you're watching debt then look at it each year...

 

Are you referring to the FY 2017 or FY 2018 budget?
I'm not attempting to spin anything, simply recognize what Trump has to work with.
The members of both Houses of Congress have to agree on the budget before it reaches Trump, and much of the budget spending is redistribution of taxes acquired from their constituents back to the States, and in my opinion much of that spending should have been acquired and spent within the State without ever have been touched by the Federal government to begin with. From what I have seen, Trump is trying to reduce the FY 2018 budget overall spending, with some increased spending occurring by reducing spending in other areas.
I agree fully, deficit spending equals debt.
I think it is Congress that needs to be reined in, not Trump, and it seems the Democrats clearly intend to shut down the government if Trump does not give in to their demands. Sadly, there appears to be a large number of Republicans in Congress who depend on Federal spending they can bring home for their re-election.
I look at Federal spending on a daily basis, noting the changes to our debt on a monthly and yearly basis.
As I see it, the FY 2017 budget calls for spending of $4.147 trillion with a deficit of $503 billion.
Trumps FY 2018 budget proposal calls for spending of $3.76 trillion with a deficit of $392 billion.
How about a law which would result in unrecoverable unpaid leave for all non-essential government employees in the event of a government shut down?

 

All politicians follow the motto; Bring home the bacon! The more federal money they can brag about bringing to the state the better chance they will be elected. Conversely less money is also doom and gloom for the politician.

Trump is the one who presents the budget, Congress massages it, then it comes back to Trump for signing.

Arguably, IMO, the federal government actually needs to spend closer to $5 trillion in order to catch up on all the deferred maintenance across the USA. Americans on average demand more and more government yet refuse to fund the government which they demand...

 

There is a way for the national debt of the USA to be paid off with astonishing rapidity........
and one variation on this is the coming of an Elijah and/ or a David.........
and maybe even a Isaiah 45 style Cyrus type might just be able to accomplish it.........

Soon there may be a new proverb.......
"David will pay for it!"

But Elijah will pay for it would be good as well......
and Cyrus will pay for it might just do the trick for now?!


Is King David raised up for the Jewish people decades before Jesus returns?

 

The bacon should not have been sent to the Federal government in the first place in a great many instances. That, in my opinion is the primary problem needing to be eliminated.

 

Is there really? Please elaborate.

I'm curious though, is that what is meant by the term "speaking in tongues"?

 

I have seen my gifted Pentecostal wife rolling over on the floor with laughter......
but I have seldom ever seen her speaking in glossalia.......
She told me though that the first time that she did it... .somebody there
in the meeting who was from India.... told her afterward that she had been
praising G-d in a dialect of India.

I do believe that speaking in tongues.... glossalia.....
is given to somebody while they temporarily are at a high level of vibration.....

Ninety percent of people though who have spoken in tongues... would probably
object to this explanation though.....

http://www.allaboutchristian.com/spirituality/

 

I was more interested in seeing an elaboration on "There is a way for the national debt of the USA to be paid off with astonishing rapidity........"

 

how desperate of the right, Obama was cleaning up Bush's mess, not cheap

just shows how good a economy Obama passed to Trump vs Bush passed to Obama