CNSNews.com editor Terry Jeffrey is continuing to obsess about the federal debt under President Biden the way he refused to under President Trump. He huffed in a Jan. 26 column:
When President Joe Biden was sworn in on Jan. 20, 2021, the federal government’s debt stood at $27,751,896,236,414.77.
When his first year in office ended on Jan. 20, 2022, it stood at $29,867,021,509,573.92.
That means that during Biden’s first 12 months in office, the federal debt grew by more than $2 trillion — or $2,115,125,273,159.15 to be exact.
How do you put that in perspective?
The United States of America had existed for 210 years — and 40 presidents had served as this nation’s chief executive — before the debt first topped $2 trillion in 1986.
Jeffrey’s attempt at “perspetive,” however, glossed over the debt created by a certain Republican president:
Then it rose to $10,626,877,048,913.08 by January 20, 2009, the day President Barack Obama took office; then to $19,947,304,555,212.49 by January 20, 2017, when President Donald Trump took office; then to $27,751,896,236,414.77 on January 20, 2021, when Biden took the oath.
Jeffrey is certainly not going to point out that the federal debt under Obama went up only $1 trillion more over eight years that Trump accumulated in four. Instead, Jeffrey attacked Biden for signing a COVID relief package.
Jeffrey was at it again in a May 4 “news” article:
The federal debt has increased by $2,650,725,664,597.74 since President Joe Biden was inaugurated on Jan. 20, 2021, according to the official numbers published by the U.S. Treasury.
At the close of business on Biden’s Inaugural Day, the federal debt stood at $27,751,896,236,414.77, according to the Treasury. At the close of business on Monday, the most recent day for which the numbers are available, the debt was $30,402,621,901,012.51.
The increase from the $27,751,896,236,414.77 debt on Biden’s Inaugural day to the $30,402,621,901,012.51 on Monday equals $2,650,725,664,597.74.
The word “Trump” appeared nowhere in Jeffrey’s article, even though Biden’s pace of debt is roughly that of Trump’s.
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