100 thoughts on “US national debt under Trump climbs $2 trillion

  1. LOL everybody in the commend section discussing left/right. It is always funny to see from the outside, ohh "the big democracy of the U.S. Where u can pick between 2 sides and 2 sides only arhahaha, you need more partys if you want a real democracy…
    Well this is a problem (the national debt) you want get rid of, it is only gonna get bigger, it is called a interest's interest, it is a exponential function, simple mathmatics… it is only gonna get bigger and bigger faster and faster untill it "explode" (double it self in No time) then the world will have very big financial crisis and the is gonna be build a new currency. you cannot pay it of cus it is impossible becouse of how the financial system works (hard to explain without writting and essey). Well the crisis is gonna be biggest for you Americans, and maybe some countries will benefit from it (like china maybe) or maybe major wars will break out idk… but when i started to look at this problem the debt was about 16 trillion. And maybe thats 10 years ago, so there is not that much time left, maybe about 10 years idk depends on many things… I hope you are ready, im not lol. Now stop discussing that repuplican vs democrat bullshit, it is not where the real problem is…

  2. I do not believe we are capable of dealing with the debt problem. I will go one step further and say emphatically WE WILL NOT CUT SPENDING. Debt, war, pollution,, terrorism, and the unraveling of social standards will eat us alive.

  3. When will Americans realize that 70% of the population is a welfare state. The top 30% must pay more taxes to support that 70%.

  4. I'm certain Obama didn't 'print his way out of it', nor did he cut SS and MC. Yet he manged to cut the deficit by half. I wonder why

  5. Remember when OBAMA took office the national debt was 10 trillion dollars when he left office the national debt was almost 20 trillion dollars WORST PRESIDENT EVER

  6. The U.S. owns this world, what we say goes, what we do goes. It is always the same thing when it comes to the U.S. debt. Everyone talked like 5 trillion was a problem, but no one did anything about it. Same thing with 10, 15, and 20 trillion. Now here we are 22 trillion, and again talk about it being a problem, but that will quickly fade away. We could have a 40 trillion National debt and no one would care. The U.S. can have all the debt we want and nothing will ever be done about it. The only thing to change that will be a complete collapse of the U.S. dollar.

  7. No surprise the Republican Spendarella Welfare for the Rich deficit spending raised the deficit
    SQUIRREL – GGGAI – God Guns Gays Abortion Immigration. Watch the right hand, watch the right hand. Just ignore the left hand. With the left hand the republicans gave 100% deficit spending $11 Trillion in “Welfare for the Poor Rich” since 2001. What happened to "day one job one job creation"?

  8. Where is Glen beck and the tea tards? Shouldn't they be putting on their stupid costumes and lame hats and protesting this? You know, like they did incessantly when Obama was POTUS.

  9. welcome to the dark side…if u believe this is nothing to worry about. just blame the other guy! we have lost and this president is doing nothing but blowing hot air up everyones skirt…. the rich r getting richer and the old people r to blame. oif coarse. blame the other guy, they will not know the difference.
    'their stupid'….they believe in me, they voted for me. I was one of the idiots that voted for him. never again! Go USA Go Army

  10. After he fails in the China negotiations, we are going to be in real trouble.
    Canada, Japan, and Europe have been picking up our contracts.

    I hope he can get an agreement that is not much worse than the one we had.

    We are so screwed.

  11. U. S. Debt: $800,000+ per Family? Trillions? Quadrillions?https://www.youtube.com/watch?v=9cV3bTXD__M

    https://www.youtube.com/watch?v=tidTUQcUo5s

  12. If the rich paid their taxes the US could afford anything it needed. Medicare and Social Security etc are paid for by the middle class not the rich. The rich always coming up with ideas to con and deceive the people out of their hard earned money so that the greedy 1% can get richer. And that includes all the staff at Fox Business who each make millions every year by deceiving the public – unless you give us all your money america will fall which is not the truth the reality is if the US don't get the rich to pay taxes soon then it really will be over.

  13. The only name, that should be mention is Trump. Tax breaks for the top 1% and the Republican go to Medcare. When to the many wake up to the Republican Wild/Wild/West spending….

  14. At the rate we're going, we will have the biggest, strongest military force in the world, around the world, set to defend and protect a country that will no longer exist.. having imploded..  My poor grandchildren…. My kids work two jobs, my grandkids will have to work 3 or 4 jobs to make ends meet.  But if Mr Trump can keep making his billions, then FOX NEWS will be happy.

  15. Let us not forget that our national debt was 10 trillion in 2008 at the beginning of Obama's tenure and when he left in 2016 it was 20 trillion. So Obama doubled our national debt in 8 years. Ironically none of the mainstream news outlets even mention this fact. Thank God the Abomination that was the Obama Nation is over!

  16. They need to fix Congress first and make them actually represent what the American people want rather than their own agenda. A way to save spending is automate non-essential jobs by doing a hiring freeze. We have such a big military budget I suggest we freeze additional spending on that and keep it at that level. We already have a bigger military than the next 5 countries combined some of which are our allies. War is a trend that is decreasing as our Society becomes more advanced especially in the developing nations so at some point they are gonna have cut spending. It's like throwing money at dirt hoping that a tree that grows $100 bill comes

  17. That $22 trillion is from us not the government. The REAL solution is to teach people how finance. Remember that one person is school who said this is useless and we dont get skills that actually help us in life. Yeah he was right. Finance classes will not only reduce debt long term but better educated people will make better financial decisions thus have the debt lowered to a more stable rate

  18. It seems so odd that you bring Republicans on that are just as bad as Democrats. They jack up defense spending ever year for what, we spend 10x as everyone else. The republicans robbed social security fund, lowered taxes give money to corporations and that is going to solve the problem there all nuts. This guy is worthless you have on

  19. You can thank the hard work of people like Dr. Steven Greer (the head of the Disclosure Project) for much of it. Black Ops Projects had a lot to do with large sums of money being wasted and unaccounted for. More strides are being made to disclose many of these projects, where in the past, most Americans didn't even have a clue what was going on.

  20. The debt of the first 2 years under Obama went from 10 to 13,5 billion. The debt of the first two years under Trump went from 19,5 to 21,5 billion. Trump is way better but I wish he stopped increasing the debt. https://www.statista.com/statistics/187867/public-debt-of-the-united-states-since-1990/

  21. President Obama's administration increased the debt 100%. From $10 trillion to $20 trillion. Trump has only increased it 10%.

  22. After Trump another biblical deluge… but really, how can it be, the country most in debt in the world is hosting plenty of rating agencies which downrate other countries due to their debt but not downrate the USA? Is that just because of "Guns, Germs and Steel" keeps this fraud going on?

  23. If politicians in America in general would stop going into office to stuff their pockets, I'm sure it wouldn't be so bad.

  24. US is getting bankrupt but buddy Israel is booming! Tel Aviv is the tech capital of the world now, not San Francisco. Stop working for AIPAC and give importance to CPUS – common people of the US.

  25. The federal deficit is higher now with no wars then when obama was giving 2 wars and a recession and housing bubble. Yet obama cut the unemployment rate in half. So why is trump not getting blamed for raising the deficit without any major problems going on?

  26. Why doesn't no body talks about the U.S Total Debt, which is 73,000,000,000,000 trillion the Red and Skyrocketing

  27. Any form of handout like welfare should be taken away except for military and those who did something good for America. All criminals, all gang members harming civilian public should be placed in jain where they should work them self to the ground to pay debt own to society. Get grip on yourself America or you’ll become second Africa.

  28. Spend more money till it collapse then start again🙂if a plane is out of controlled it is better to crush it🤗boom back to normal🙂

  29. Trump should be arrested or at least kicked out of office, hes is dragging us further into debt and will drag the usa into bankruptcy

  30. That's 1 TRILLION every year! And he's not done yet, start learning to speak Chinese! I don't understand why the billionaires and trillionaires chip in and pay it off? Not take it from them but ask them. When is a potus ever going to try and pay that debt? Oh that's right it was BILL CLINTON a Democrat, name one republican POTUS that has done that. Democrats fix! Republicans take down. Lmao

  31. Comment sections on both liberal and Republican news videos are sooo heated, like oh my god.

    Good thing I’m Canadian and don’t have to deal with any of this.

  32. Wrong with all the tarrifs we don't need to borrow any money we should be able to pay it off to zero and make the other countries owe us

  33. Roughly $2.25 trillion guns & butter spending [1,2] is primarily financed by 10-37% graduated income taxes. The roughly $1.7 trillion OASDI/Medicare insurance[3,4] is financed by current 15.4% FICA contributions and the SS Trust Fund with current income caps of $132K. Rates and caps may be adjusted.

    Consider a decentralized 0.3% flat tax[5,6] on the $4 quadrillion liquidity flows tax base[7] instead of a 10-37% graduated income tax on a $10 trillion subset of the liquidity flows tax base[8] and average 6% sales tax plus 10% capital gains tax, excise taxes, subsidies and tariffs. Apportion these tax revenues to local governments so constituencies, through their locally elected representatives, have more of a say how their tax dollars are spent. Consider also setting up a sinking fund to extinguish some of the principle on the national debt to maintain good standing with present and future primary lenders to Federal debt.

    This 0.3% flat tax replacement for the current 10-37% graduated income tax raises net wages, net profits and allows for lowering the price of goods, services and exports. The decentralized form of this tax enables local governments to lower property taxes to encourage growth of business and jobs in their community. This tax reform also addresses tax leaks from tax havens[9,10] and saves $800 billion/year on tax processing overhead costs.

    1. Making Sense of $1.25 Trillion National Security State Budget| POGO

    2. CRS Report: Welfare Spending The Largest Item In The Federal Budget | Sessions

    3. [PDF]Fast Facts and Figures About Social Security| SSA | 2018

    4. Medicare Financial Status: In Brief | CRS |2018

    5. Alternative Proposals Reform, May 11 2005 | Video | C-SPAN (2nd 5-minute speaker)

    6. Taxation for the 21ST Century: The Automated Payment Transaction (APT) Tax | SSRN

    7. Intraday Liquidity Flows | FRBNY

    8. Summary of the Latest Federal Income Tax Data, 2017 Update | Tax Foundation

    9. [PDF] Treasure Islands | Nicholas Shaxson

    10. The Spider's Web – Britain's Second Empire | Youtube

  34. Since the wars we entered all last century were basically on the behest of (The World Bankers), they should pay us back for our services. It has to total a lot more than what they claim we owe them.

  35. Funny, most of Obama's debt was caused by the crashed economy he inherited from Bush and the Republicans and getting it back up and running and paying for Bush and the GOP's Iraq War and Afghanistan War and the Medicare Modernization Act and Medicare Part D which Bush and the GOP paid interest on but didn't pay for making it the most expensive way for US tax payers, Obama ended the interest payments and just paid for it as that was best for tax payers, an even the better way would have been if Bush and the GOP cleared up the costs of their own policies. When you look at it most of Obama's debt was actually Bush's. Now after years of Tea Party activists crying about the deficit Trump is exploding it even though he inherited a good growing economy, now he's copying Bush so the crash won't be far away, will his voters be suckers a third time.

  36. Yes, screw the old, disabled and poor. I mean clearly that is better than demanding the $90 billion each year lost in tax revenue because of the rich hiding money in off-shore accounts or making companies like Amazon pay their fair share in taxes and wages. Instead we let them pay literally $0 in federal taxes, plus get a $112 million refund, on $11 billion in profit plus leaving us to subsidize their employees with foodstamps and other forms of assistance. And of course we can't demand the right for Medicare to negotiate prices with drug companies and use generics which would save $3 billion a year alone. No, no, we mustn't do anything to the rich like Trump and his buddies, that would be too cruel. The old, disabled and poor are clearly the problem.

  37. On September 8, 2017, Trump signed a bill increasing the debt ceiling. Later that day, the debt exceeded $20 trillion for the first time in U.S. history. On February 9, 2018, Trump signed a bill suspending the debt ceiling until March 1, 2019. It was $22 trillion. In just two years,Trump has overseen the fastest dollar increase in the debt of any president.

    Trump's Fiscal Year 2020 budget projects the debt would increase $5 trillion during his first term. That's as much as Obama added while fighting a recession. Trump has not fulfilled his campaign promise to cut the debt. Instead, he's done the opposite.

  38. Entitlements[1], like the $1.7 trillion OASDI/Medicare insurances spending[2,3] are funded by the 15.4% FICA and SS Trust Fund. Rates and caps may be adjusted to sustain the fund. Address entitlements like the $2.25 trillion guns[4] & butter[5] spending funded primarily by the federal income tax. Consider transitioning to a decentralized 0.3% flat tax[6,7] on the $4 quadrillion liquidity flows tax base[8] instead of the 10-37% graduated income tax on a $10 trillion subset of the liquidity flows tax base[9] and average 6% sales tax plus, state income taxes, 10% capital gains tax, excise taxes, subsidies and tariffs. Apportion these tax revenues to local governments so constituencies, through their locally elected representatives, may deliberate how their tax dollars are spent and can regulate funding of entitlement appropriations to state and federal governments. This tax reform would also address tax havens[10,11] and save $800 billion/year in tax collection overhead costs. Set up a sinking fund[12] to manage the national debt.

    1, Glossary Term | Entitlement | United States Senate

    2. [PDF]Fast Facts and Figures About Social Security| SSA | 2018

    3. Medicare Financial Status: In Brief | CRS |2018

    4, Making Sense of $1.25 Trillion National Security State Budget| POGO

    5, CRS Report: Welfare Spending The Largest Item In The Federal Budget | Sessions

    6. Alternative Proposals Reform, May 11 2005 | Video | C-SPAN (2nd 5-minute speaker)

    7. Taxation for the 21ST Century: The Automated Payment Transaction (APT) Tax | SSRN

    8. Intraday Liquidity Flows | FRBNY

    9. Summary of the Latest Federal Income Tax Data, 2017 Update | Tax Foundation

    10. [PDF] Treasure Islands | Nicholas Shaxson

    11. The Spider's Web – Britain's Second Empire | Youtube

    12. Sinking Fund | Investopedia

  39. We could fix our debt but it won’t happen. US citizens enjoy the lifestyle we currently live and in order to fix our debt we’d need to cut back on many things that we currently enjoy

  40. U.S. economy is on life support right now, nobody can indefinitely borrow and spend forever, interest payment will balloon out of control.

  41. Implement the Interledger Protocol and will issue instant transactions with instant settlement, Xrapid for global on demand instant liquidity through ILP all settlements almost instant and fractions of a penny through XRP and this will raise the value of XRP drastically then once that happens XRP will be added as a world reserve bridge asset which will raise the value higher to the thousands of dollars and after that can be used to pay off the national debt.

  42. Somebody can walk down the street and you ask them for some change and they tell you I'm broke,and you will assume they are until they open the door to there half million dollar car and pull up to there 20 million dallar mansion,Land property and resources don't lie.

  43. trump didnt want to sign the last spending bill and he was demonized by the media and democrats. now they blame him for adding 2 trillion to our debt, which is far less than obama. im just so sick of the corruption in our government and media. lies and misinformation everywhere. try to find a chart of Americas debt per president and you will find many contradictions. some will show obama at adding very little debt when he added over 8.5 trillion. if honesty was the goal all charts would say the same thing, instead we get many contradictions, im sure to keep Americans in the dark of whats really going on. im so disgusted.

  44. And then maybe a large chunk of that debt was due to the Iraq and Afghanistan war during which the us officials scrambled for large sums of money. How much did the United States waste on Iraq and Afghanistan

    wmwkmoovvymfsbpgfr

  45. Government debt is a savings account. Deficits don’t matter because we make our own money. Haven’t you heard about mmt. Stop worrying.

  46. How much money have the banks created out of thin air. Is the debt rising? That is how the economy grows gdp grows when more people go in debt. Then the government can decide how much to tax based on an economy that’s gdp is based on debt. Let’s just hope that China keeps working and lending us money. All our jobs are their so that is our only hope.

  47. Trump called Obama a “failure” for allowing the deficit to rise so much…..but here we are in September 2019 and he is doing just as bad!
    Con man!
    Trump sheep laughed and heckled Obama over this but now they act like it’s no big deal.
    The Nile.

  48. The very unstable idiot has now ruined the economy: everything he touches turns to crap from his failed marriages, failed business, failed administration, and failed economy.

  49. When Obama was sworn in on Jan. 20, 2009, the debt was $10.626 trillion.
    When he left office on Jan. 20, 2017, it was $19.947 trillion.

  50. When Obama was sworn in on Jan. 20, 2009, the debt was $10.626 trillion.
    When he left office on Jan. 20, 2017, it was $19.947 trillion.

  51. When Obama was sworn in on Jan. 20, 2009, the debt was $10.626 trillion.
    When he left office on Jan. 20, 2017, it was $19.947 trillion.

  52. When Obama was sworn in on Jan. 20, 2009, the debt was $10.626 trillion.
    When he left office on Jan. 20, 2017, it was $19.947 trillion.

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