Tony is a Senior Field Editor, NH/RI, for Patch Media. He is an award-winning journalist and broadcaster with more than three decades of media experience in New Hampshire and Massachusetts and has won more than 40 local journalism awards in online, print, and radio formats

Tony

Here is what I played this week on the Taste the Floor Show: Joy Division: No Love Lost (Substance) Grandpaboy/Paul …

Tony

Here is what I played this week on the Taste the Floor Show: The Fall: No Bulbs 3 (The Wonderful …

Tony

Here is what I played this week on the Taste the Floor Show: Frankie Forman: Steel Bound Soul (Lady) Mazzy …

Tony

Here’s the latest playlist from the Taste the Floor Show: Our Girl: In My Head Mazzy Star: That Way Again …

Tony

Here’s what I played this week on The Taste the Floor Show: Billy Idol: Hot In The City (s/t) The …

Tony

Here’s this week’s playlist on the Taste the Floor Show: The Pretenders: Night in My Veins (Last of the Independents) …

Tony

Here’s this week’s playlist on the Taste the Floor Show: Jessicka: Penniless Fools Loose Tooth: Keep On CAPPA: Tension The …

Tony

I was not the only one who saw the news on Wednesday that the Concord Monitor would be building a …

Tony

Here’s this week’s playlist on the Taste the Floor Show: INXS: New Sensation (Kick) TORRES: New Skin (Sprinter) Johnny Marr: …

Tony

This week on the Taste the Floor Show, I played the following: Juliana Hatfield: A Little More Love (Juliana Hatfield …

Tony

This week on the Taste the Floor Show, I played the following: Desperate Journalist: About You (You Get Used to …

Tony

Here’s what I played this week on The Taste the Floor Show: BONZIE: Fading Out (Zone on Nine) Belle Adair: …

Federal Debt Drops by $101B Under Trump

I almost didn’t believe this so I looked it up myself … yes, Donald Trump and the Republican Congress have reduced the federal debt by more than $101 billion. Actually, it’s $101,258,995,801.

No, this isn’t “fake news” – it’s right there from treasurydirect.gov.

For deficit and debt hawks, this is a milestone, especially with what we’ve seen during the last two decades.

Here are the historical federal debt accumulations in actual dollars, based on the federal data:

  • Ronald Reagan and Democrats controlling the House and Democrats and Republicans controlling the Senate accumulating $1.883 trillion during Reagan’s eight years.
  • George H.W. Bush and Democrats controlling the House and Senate accumulated $1.483 trillion of debt in four years.
  • Bill Clinton and Democrats and Republicans controlling the House and Senate accumulated $1.553 trillion in debt in eight years.
  • George W. Bush and both Republicans and Democrats controlling the House and the Senate accumulated $4.89 trillion during eight years.
  • Barack Obama and Democrats and Republicans controlling the House and Senate accumulated $9.331 trillion in debt.
  • Donald Trump and GOP House and Senate, between Jan. 20, and March 16, 2017, have lowered the federal debt by $101 billion.

The debt stands at nearly $20 trillion. The interest on that debt is $270 billion annually — paid out to people that own treasury bonds (they tend to be affluent, so this is a direct payment — and massive line item in the budget — going directly to “the rich”) and foreign governments. There is much, much more work to be done. But this is a positive start.

Data via treasurydirect.gov and the Congressional Budget office.