Trump interview with Hannity in Harrisburg: How to watch

Jake Tapper uses Harvey Weinstein scandal to bash Trump and Sean Hannity

Trump interview with Hannity in Harrisburg: How to watch

As the tune struck up the USA leader, who never served in the U.S. military, was being interviewed on Fox News.

"As you know, the last eight years, [the federal government] borrowed more than it did in the whole history of our country", Trump said.

He told Sean Hannity, "Now, if you look at the stock market, that's one element, but then we have many other elements".

Mr. Trump and his aides have suggested that his tax plan, which still lacks key details but would cut business tax rates sharply and reduce taxes on a wide range of individuals, will spark so much additional economic growth that it will reduce deficits by $1 trillion over the next decade. "So, you can say in one sense we're really increasing values; and maybe in a sense we're reducing debt". "We're very honored by it". "And we're very, very happy with what's happening on Wall Street".

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Shares fell a bit less than 1% on average volume to close at $38.19, in the middle of its 52-week range. Despite that, it left its full-year guidance unchanged.

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A White House spokeswoman did not immediately respond to CNBC's request for additional information about the president's comments. "That means more money in the pocket of everyday citizens, and more circulating in our economy as a whole", the official argued.

And it's absolutely the case that the national debt increased by $9 trillion during President Barack Obama's time in office, but many were scratching their heads at Trump's implication the debt was lessening because markets are increasing in value.

But higher stock prices reflect corporate profits. The stock market could reverse its gains and all of those profits could disappear, and the debt would remain at around $20 trillion. "In zero sense does a stock market rally, which enriches corporations and investors and shareholders, translate into American taxpayers and the national debt". The U.S. intelligence community has concluded that the Kremlin attempted to influence the election. When he left office this past January, the US owed approximately $19.9 million. It's correct that the USA owed almost $20 trillion when Trump took office.

Due to a 2007 act of Congress, veterans and active-duty military not in uniform can also render the military-style hand salute during the raising, lowering or passing of the flag. An analysis of Bloomberg data between November 8, 2016 and October 11, 2017, shows that the S&P 500 market cap increased by $3.5 trillion, from $19.2 trillion to $22.7 trillion.

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