The federal debt climbed by more than a trillion dollars during 2016, according to data released today by the U.S. Treasury. On Dec. 31, 2015, the last business day of 2015, the federal debt was $18,922,179,009,420.89. On Dec. 30, 2016, the last business day of 2016, it was $19,976,826,951,047.80. The one-year increase in the federal debt during calendar year 2016 was therefore $1,054,647,941,626.91. That increase in the debt equaled $8,860.65 for each of the 119,026,000 households the Census Bureau estimated there were in the United States as of September. During President Barack Obama’s time in office the federal debt has increased by $9,349,949,902,134.72—rising from $10,626,877,048,913.08 on Jan. 20, 2009, the day of Obama’s inauguration, to $19,976,826,951,047.80 on the last day of 2016. Read more from CNS.
Donald Trump says that a briefing he was due to receive on Russia’s alleged hacking attacks and meddling with US elections was strangely delayed until Friday, making the President-elect to wonder whether there was enough “intelligence” to “build” such a case.
In a “very strange” turn of events, an intelligence briefing the US President-elect was expecting to receive early this week was delayed, Donald Trump said on Twitter.
Trump previously expressed his skepticism about the US intelligence community’s assessment of Moscow’s involvement in hacking attacks on the US and its alleged attempts to influence presidential elections.
“I just want them to be sure because it’s a pretty serious charge,” Trump said on December 31, recalling the US invasion in Iraq was based on flawed and false intelligence. “If you look at the weapons of mass destruction, that was a disaster, and they were wrong.”
Read more from RT.