BUDGET/DEBT: “At last week’s town hall event on CNN, the former president [Donald Trump], who has said very little about his party’s debt ceiling crisis in recent months, was quite candid about his position. ‘I say to the Republicans out there — congressmen, senators — if [Democrats] don’t give you massive cuts, you’re going to […]
Category: Debt
1/23/2023
DEBT/MITCH MCCONNELL: “Mitch McConnell is either the WORST negotiator in the history of politics, or a stone cold CROOK. There can be no other explanation as to why he has become such a rubber stamp for the Democrats. Republicans, use Debt Ceiling to get it all back!” -Donald Trump, Truth Social, January 23, 2023 […]
11/11/2019
EDUCATION/JOE BIDEN/STUDENT LOANS: “I think we should have free community college, cutting in half the cost of a college education. Everything below from high school to two years of community college should be free, including trade school. We can afford to do that quickly, and we can get it done. I believe we can forgive […]
10/23/2018
DEBT/ECONOMY/HURRICANE/PUERTO RICO/TRUMP AS PRESIDENT: “President Donald Trump on Tuesday [10-23-18] said he would not tolerate Puerto Rico using federal hurricane relief funds to pay off the island’s massive debt…It is unclear what the president was immediately referring to, but Trump has regularly railed against Puerto Rican officials, attempting to shift the blame after his administration […]
10/23/2018
DEBT/HURRICANE/PUERTO RICO/SPENDING/TRUMP AS PRESIDENT: “U.S. President Donald Trump on Tuesday [10-23-18] accused Puerto Rico’s politicians of using ‘massive and ridiculously high amounts of hurricane/disaster funding’ to pay off other debts, and said he would not allow a bailout with relief money. ‘The U.S. will NOT bail out long outstanding & unpaid obligations with hurricane relief […]
3/15/2018
DEBT/ECONOMY/PUERTO RICO: “Debt from Puerto Rico is the top-performing bond investment of 2018, reflecting an unexpected improvement in the island’s economy and budding hopes for a settlement with creditors to resolve its continuing bankruptcy. Most U.S. bonds have lost value this year because of rising interest rates, but an index of Puerto Rico municipal bonds […]
3/7/2018
BANKING/DEBT/EDUCATION: “Private lenders are pushing to break up the government’s near monopoly in the $100 billion-a-year student-loan market. The banking industry’s main lobbying group, the Consumer Bankers Association, is pressing for the government to instate caps on how much individual graduate students and parents of undergraduates can borrow from the government to cover tuition. That […]
12/18/2017
DEBT/POLITICS/TRUMP AS PRESIDENT: “Mortgage-finance giants Fannie Mae and Freddie Mac are here to stay. Lawmakers in both parties and the Trump administration are negotiating overhauls of the two companies—critical to home mortgages but in government conservatorship since the financial crisis—that could keep them at the center of the U.S. mortgage market for years to come, […]
11/29/2017
DEBT/EDUCATION: “The Trump administration is reaching out to the country’s biggest finance and tech companies for help in managing the government’s $1.3 trillion student-loan program. The meetings are part of an overhaul of one of the nation’s biggest consumer-loan portfolios, undertaken by Education Secretary Betsy DeVos and A. Wayne Johnson, the Education Department’s chief operating […]
11/28/2017
CRISIS/DEBT/PUERTO RICO: “Puerto Rico would get substantial debt relief and other new aid to help it recover from destruction inflicted by Hurricanes Irma and Maria in September, under legislation unveiled on Tuesday [11-28-17] by leading liberals in the U.S. Senate. Senator Bernie Sanders, an independent, and Senator Elizabeth Warren, a Democrat, called for a new […]
11/22/2017
BUDGET/DEBT/GOP/TAXES: “The North Olmsted City school district in suburban Cleveland was planning to wait a few years before refinancing $48 million in outstanding bonds used to build a new middle school and high school. Now Treasurer Robert Matson is hoping to get the deal done before Christmas. The reason: The Republican tax plan in congress […]
8/25/2017
DEBT/FOREIGN POLICY/TRADE DEALS/VENEZUELA: “The U.S. on Friday [8-25-17] restricted the ability of Venezuela to tap American debt markets for funding, escalating Washington’s economic crackdown against Venezuelan President Nicolás Maduro’s cash-strapped government. President Donald Trump’s executive order prohibits institutions in the U.S. from trading new bonds with Mr. Maduro’s government, including through the state-owned oil company, […]
7/23/2017
DEBT/TREASURY: “In August 2012, the federal government abruptly changed the terms of the bailout provided to Fannie Mae and Freddie Mac, the mortgage finance giants that had been devastated by the financial crisis. Instead of continuing to receive payments on the taxpayer assistance, Treasury officials decided to begin seizing all the profits both companies generated […]
7/18/2017
DEBT/EDUCATION/TRUMP PEOPLE/BETSY DEVOS: “One of the nine companies that manages the federal government’s $1.2 trillion portfolio of education loans is fighting to stop the Education Department from handing the job to a single contractor. The Missouri Higher Education Loan Authority, commonly known as MOHELA, filed a protest this month with the Government Accountability Office over […]
7/11/2017
DEBT/EDUCATION: “Study after study shows that college students are terrible at keeping track of how much debt they are racking up in school, so states are working to make the cost of higher education crystal clear—and there are signs the moves are slowing runaway borrowing. This month, Florida joined Indiana and Nebraska in requiring that […]
6/8/2017
DEBT/ECONOMY/POLITICS: “Once again, economists must consider the risk that Congress may be unable to easily deal with the nation’s statutory borrowing limit. Forecasters in The Wall Street Journal’s monthly survey have raised their assessments of the risk facing the U.S. economy. For the first time since the presidential election, a majority of economists in the […]
11/7/2013
DEBT/FRACKING/JOBS: “Upstate New York needs jobs. Frack Now & Frack Fast! Pay off NY State debt.” – 11/7/2013, Donald Trump, Twitter.com, trumptwitterarchive.com, 11/7/2013 […]
9/30/2013
DEBT/OBAMA: “Remember that in 2006 then Senator Obama voted NOT TO INCREASE THE DEBT CEILING. Now he acts in disbelief as others plan to do the same!” – Sept. 30, 2013, Donald Trump, Twitter.com, trumptwitterarchive.com, 9/30/2013 […]
6/20/2013
DEBT/IRAQ/OIL: “Our debt is about to reach $17T. Iraq has $20T in oil reserves. Interesting.” – 6/20/2013, Donald Trump, Twitter.com, trumptwitterarchive.com, 6/20/2013 […]
5/28/2013
DEBT: “@Austile147 U.S.A. is not rich, owes 17 trillion dollars.” – 5/28/2013, Donald Trump, Twitter.com, trumptwitterarchive.com, 5/28/2013 […]
3/25/2013
DEBT: “Cyprus is seizing private bank accounts as collateral for €10bn bail-out. We owe $17T. Think it can’t happen here?” – 3/25/2013, Donald Trump, Twitter.com, trumptwitterarchive.com, 3/25/2013 […]
3/22/2013
DEBT: “Watching the madness in Cyprus? If our government keeps spending trillion dollar deficits, that could happen here.” – 3/22/2013, Donald Trump, Twitter.com, trumptwitterarchive.com, 3/22/2013 […]
2/25/2013
CAMPAIGN/DEBT/DONALD ON DONALD/ECONOMY/MEDIA/SEQUESTER: “My @gretawire interview discussing why the sequestration cuts are necessary, our $17T national debt & 2016 election” http://t.co/qErq7ascac – Twitter.com, Feb 25, 2013, Donald Trump, 2/25/2013 […]
1/23/2013
DEBT/GOP: “I cannot believe the Republicans are extending the debt ceiling—I am a Republican & I am embarrassed!” [09:50:58 AM] – 1/23/2013, Donald Trump, Twitter.com, Trumptwitterarchive.com, 1/23/2013 […]
1/22/2013
DEBT/GOP/OBAMA: “The President’s speech was very combative toward Republicans—they have obviously not earned his respect! [10:43:55 AM] Republicans, don’t extend the debt ceiling—make the great deal now! [10:44:32 AM] If the Republicans need a chief negotiator I am always available–or can recommend some really good ones! [10:45:51 AM] Obama’s speech indicates he wants to change […]
1/22/2013
DEBT/GOP/POLITICS: “Republicans are always worried about their general approval. With proposing to ‘ignore the debt ceiling’ they are ignoring their base.” – Twitter.com, Jan 22, 2013, Donald Trump, 1/22/2013 […]
1/14/2013
DEBT/OBAMA: “Remember, as a senator, Obama did not vote for increasing the debt ceiling, I guess things change when President?!” http://t.co/wTQ96Itg – Twitter.com, Jan 14, 2013, Donald Trump, 1/14/2013 […]
1/3/2013
DEBT/OBAMA: “I’ll bet Obama now uses the amendment for the debt ceiling.” [04:45:26 PM] – 1/3/2013, Donald Trump, Twitter.com, Trumptwitterarchive.com, 1/3/2013 […]
8/17/2012
CHINA/DEBT/FOREIGN AFFAIRS: “The US government’s foreign debt is at a record $5.29T http://t.co/URVNZ1Kj China is laughing all the way to the bank. [2:33:19 PM] US government’s foreign indebtedness has grown over 72% under @BarackObama. He is bleeding us dry to China. [2:57:05 PM]“ – 8/17/2012, Donald Trump, Twitter.com, Trumptwitterarchive.com, 8/17/2012 […]
8/2/2012
CHINA/DEBT: “US interest payments on the debt have already passed $375B this year http://t.co/hCpQuryC China is laughing at us—as usual.” [4:10:13 PM] – 8/2/2012, Donald Trump, Twitter.com, Trumptwitterarchive.com, 8/2/2012 […]
2/27/2012
DEBT/OBAMA/UK: “The UK has run out of money and can’t afford to borrow. http://t.co/ifHRqsfi Neither can we but that doesn’t stop @BarackObama.” [4:19:37 PM] – 2/27/2012, Donald Trump, Twitter.com, Trumptwitterarchive.com, 2/27/2012 […]
12/28/2011
DEBT/OBAMA: “He is destroying our country:@BarackObama has requested to raise our debt limit to over $16.4Trillion by the end of his first term. @BarackObama himself said he was lazy. For a lazy person he certainly has done a lot of destruction to our country. http://reut.rs/vcvwpM” [4:13:37 PM] – 12/28/2011, Donald Trump, Twitter.com, Trumptwitterarchive.com, Twitlonger.com, 12/28/2011 […]
10/27/2011
DEBT: “The Debt is our nation’s greatest threat. @BarackObama is out of touch.” [11:50:16 AM] – 10/27/2011, Donald Trump, Twitter.com, Trumptwitterarchive.com, 10/27/2011 […]
10/4/2011
DEBT: “Our national debt has grown by 30% and a gallon of gas has doubled so far under @BarackObama. He is a disaster.” [3:05:02 PM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, Oct. 4, 2011 03:05pm […]
9/26/2011
DEBT: “Our country’s debt crisis cannot be solved by tax increases. We must cut government spending.” [10:34:00 AM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, Sept. 26, 2011 10:34am […]
9/22/2011
DEBT: “Government waste, fraud and abuse should be immediately addressed. This will help solve our deficit crisis both short and long term.” [11:25:01 AM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, Sept. 22, 2011 11:25am […]
8/25/2011
DEBT: “@BarackObama inherited $10.6 Trillion in National Debt—will leave after his first term with the Debt at over $17.6 Trillion.” [11:54:53 AM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, Aug. 25, 2011 11:54am […]
8/4/2011
DEBT/OBAMA: “America’s debt officially became 100% of our GDP on @BarackObama’s 50th birthday—coincidence?” [1:44:51 PM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, Aug. 4, 2011 01:44pm […]
8/2/2011
DEBT: “The more you learn about the debt deal, the worse it gets.” [3:24:32 PM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, Aug. 2, 2011 03:24pm […]
8/1/2011
DEBT: “Disappointed in GOP and Dems—Giving Obama power to raise the debt limit next year is a mistake. [10:33:34 AM] This is the best deal the Republicans could get? [11:41:21 AM]“ – Donald Trump, Twitter.com, Trumptwitterarchive.com, Aug. 1, 2011 11:41am […]
7/28/2011
DEBT: “@BarackObama has not released his own debt plan yet. He’s totally lost, ineffective, desperate. GOP has its best chance to make a great deal” [4:37:02 PM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, July 28, 2011 04:37pm […]
7/27/2011
CHINA/DEBT: “China has so much of our debt that they can’t put us in default w/o killing themselves—US needs our toughest negotiator—and fast!” [9:42:40 AM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, July 27, 2011 9:42am […]
7/26/2011
DEBT: “America’s debt is greater than our GDP. Time for new thinking.” [3:03:22 PM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, July 26, 2011 03:03pm […]
7/15/2011
DEBT: “@BarackObama You have increased discretionary spending by 25% annually and amassed over $4 trillion in debt. T-E-A http://t.co/Wr9C7Z7” [3:23:36 PM] – Donald Trump, Twitter.com, Trumptwitterarchive.com, July 15, 2011 03:23pm […]