Was Jared Kushner Removing Tweets Following Reports on Trump's Taxes?
Voting in the 2020 U.S. Election may be over, but the misinformation keeps on ticking. Never stop fact-checking. Follow our post-election coverage here. here On Sept. 27, 2020, The New York Times published a report after obtaining several years of U.S. President Donald Trump's tax returns. published a report As news broke that Trump had paid just $750 in federal income tax in 2016 and 2017  no federal income taxes in 10 of the past 15 years  in addition to the fact that he took an approximate $70,000 deduction for hairstyling during "The Apprentice," and that he has more than $300 million worth of loans coming due, a rumor started to circulate on social media that White House senior adviser Jared Kushner had quietly deleted all of his tweets from his Twitter account: no federal income taxes   This rumor is false. Kushner didn't delete all of his tweets following the NYT article about Trump's taxes.  The above-displayed tweet contains a genuine screenshot of the @JaredKushner Twitter account. This account has been online since 2009, but it has been used sparingly by its owner. Archived pages show that this account posted three messages back in March 2011  none of which was related to taxes  but was then inactive for at least three years. The few messages that were posted to this account were deleted sometime between 2014 and 2016, and no new messages have been posted since then.  JaredKushner March 2011 at least three years In other words, Kushner didn't wipe his Twitter account clean on the evening of Sept. 27 after the NYT published a story about his father-in-law's taxes. This account rarely posts tweets, and the three tweets that were shared to the account in 2011 (again, none of which were related to taxes) were deleted years ago.  This isn't the first time that someone has stumbled across Kushner's Twitter account in the aftermath of a controversy, noticed that it was barren, and then incorrectly assumed that Kushner had recently scrubbed it clean. In October 2017, shortly after Special Counsel Robert S. Mueller III revealed charges against former Trump presidential campaign chair Paul Manafort and two other campaign officials, social media users noted then that Kushner's Twitter account was suspiciously void of content, and falsely claimed that he had recently deleted all of his tweets. falsely claimed A few months later, when it was reported that Mueller may have interviewed Kushner in the course of his investigation into Russia's meddling in the 2016 presidential election, this false rumor again was circulated on social media:  reported   The @JaredKushner account has been devoid of content since at least 2016. Claims that he recently deleted his tweets in the wake of breaking news stories are false.  Apuzzo, Matt.  "Muellers Prosecutors Are Said to Have Interviewed Jared Kushner on Russia Meeting."
  The New York Times.  29 November 2017. Buettner, Russ; Craig, Susanne; McIntire, Mike.  "Long-Concealed Records Show Trump's Chronic Losses and Years of Tax Avoidance."
  The New York Times.  27 September 2020.
Claim:  Facebook and CNN are contributing money towards the medical care an infant car accident victim every time a message is shared.  Example:  [Collected via Facebook, February 2014] This baby got in a terrible care accident And his parents dont have the money to support the surgery so facebook an CNN are willing the pay half the expenses, facebook is donating money for every like, share, comment...1 like - 1 $1 comment - 5$1 share - 10 $  Origins:  As discussed in innumerable articles in this section of our web site, companies do not fund the medical care of sick or injured children by donating money based on the number of times a particular item is forwarded via e-mail, posted or liked on Facebook, spread via text messaging, or otherwise shared online.  The concept that they do is one of the longest-running hoaxes in the history of the Internet. section As is often the case in false entreaties such as this February 2014 example, photographs included with the plea which are intended to tug at viewers' heartstrings and enlist their support have absolutely nothing to do with the text of the message.  In this case the pictured child was not the victim of a "care [sic] accident," but rather an infant with a rare birth defect who died several hours after his birth back in February 2012: died A Mid-South family was forced to prepare themselves for the death of a child born with a rare birth defect. The Walker family checked into the hospital knowing they would not be going home with baby Grayson James Walker. "At first, I questioned God and wondered why he would choose us for this," said Heather Walker. Sixteen weeks into her pregnancy, Heather Walker found out her baby had  a fatal birth defect. "It's known as Anecephaly, and this is one of the variations of what we call an open neural tube defect," said the family's doctor Roy Bors-Koefoed, M.D. "The risk of Anecephaly is about one in 1,000 in the general population", added Bors-Koefoed.  They of course gave us the option to terminate," said Heather Walker. The Walkers chose to carry Grayson to full term.  Heather Walker said she turned to her faith to prepare herself for the days ahead. "My husband and I, we started prayer and we knew that God knew since the beginning of time that he had us for this," said Heather Walker. "Honestly, just seeing the strength that she had motivated me to be a better husband and a better father to my kids," said Patrick Walker. Fighting through her fears, Heather Walker talked to her children about Grayson and said she wanted to keep the experience joyful. "As soon as they brought him around to me, all those fears and everything were taken away," she said. With the help of non-profit organization, Now I Lay Me Down To Sleep, the Walker family had a photographer capture the hours they had with baby Grayson. By treating his birth like any other special delivery, the Walkers hope to keep Grayson's memory alive forever. "Yes, I'm going to cry and I'm probably going to lay in my bed some days, but I have that hope that God has got him in his hands and we're going to get to meet him again someday," said Heather Walker. "You know, my son lived almost eight hours, and he's already done in eight hours what I could never do in a hundred lifetimes, and that's awesome," said Patrick Walker. The bottom line is that there's no injured little boy in need of good-hearted souls willing to use Facebook's "share" feature to pass along the photo and attached information to their social network friends. If you want to make a difference in a sick child's life, the best way is still the old-fashioned one: donate your money or your time, not a text message or Facebook wall post. Last updated:  19 February 2014 Public debate aroundtransgender individuals and bathroomusehit a fever pitch in April 2016, largely due to the controversial passage of HB 2(otherwise known as the "bathroom bill") in North Carolina. On 19 April 2016, Target released a statement confirming a new policy abouttransgender customers and bathrooms: bathroom HB 2 bathroom bill statement Continuing to Stand for Inclusivity Recent debate around proposed laws in several states has reignited a national conversation around inclusivity. So earlier this week, we reiterated with our team members where Target stands and how our beliefs are brought to life in how we serve our guests. Inclusivity is a core belief at Target. Its something we celebrate. We stand for equality and equity, and strive to make our guests and team members feel accepted, respected and welcomed in our stores and workplaces every day. We believe that everyoneevery team member, every guest, and every communitydeserves to be protected from discrimination, and treated equally. Consistent with this belief, Target supports the federal Equality Act, which provides protections to LGBT individuals, and opposes action that enables discrimination. In our stores, we demonstrate our commitment to an inclusive experience in many ways. Most relevant for the conversations currently underway, we welcome transgender team members and guests to use the restroom or fitting room facility that corresponds with their gender identity.   Bathroomcontroversies weren't new in April 2016, but HB2, which was by far the highest profilelegislation of that nature,provoked a huge response across the country.Target was not thefirst large and well-known entity to clarify its policy abouttransgender bathroom use, and the brand responded to some feedback on Twitter: controversies first @Kusau Everyone is welcome at Target.  @Kusau  Target (@Target) April 20, 2016 April 20, 2016  Not all of the public's response was positive. Target's Facebook page was flooded with critical responses similar to the (heavilysatirized) commentsthat appeared when the chain announced gender-neutral toy aisles: satirized gender-neutral toy       Some misinformation also circulated about the development. The web site The Political Insider reportedthat the retailer released the statement under pressure from the President and LGBT groups: reported Target just caved to pressure from the Obama administration and liberal activists. They have announced that any transgendered person can use the bathroom in their stores, according to the gender they associate with. Now in Target stores, men are allowed to use the restroom next to your daughter. Once called perverted, this is now a civil right. No information we could find substantiated the claim that Target was pressured to institute the chain-wide policy, and no retailers of a similar size and scope have reported any organized pushto enact similar policies.While HB2 isan enforceable law, Target's bathroom policy issimply a brand's policy decision based on its own ethics andbelief structure. It istrue that Target announced on 19 April 2016 that transgender shoppers and staffers werewelcome to use the bathroom that best matchedtheir gender identities. However, neither President Obama nor any groups appeared to have forced the retailer's hand in issuing the policy, and no "transgender bathrooms" were included in the details of the announcement. In late March and early April 2021, Snopes readers inquired about memes circulating on Facebook claiming that legendary actor Morgan Freeman had converted his 124-acre ranch in Mississippi into a bee sanctuary.   The text of the meme read, "Concerned about the loss of bees, Morgan Freeman converted his 124-acre Mississippi ranch into a bee refuge. He hired gardeners, filled acres with clover, planted hundreds of flowering trees, purchased 26 hives, and has turned himself into a beekeeper." Posts and articles on various websites stating the "Shawshank Redemption" star is a beekeeper with a bee sanctuary at his Mississippi residence have been circulating for years. They are sourced from an interview given by Freeman to late-night comedy host Jimmy Fallon in 2014. During the interview, Freeman acknowledged that he lived in Mississippi and stated he was new to beekeeping, having just purchased his bees from Arkadelphia, Arkansas, two weeks prior: interview  The website Mother Nature News in 2014 quoted Freeman talking about his beekeeping project, reporting that he made the following remarks during a media tour promoting the film "Lucy": quoted There's a concerted effort to bring bees back onto the planet ... We do not realize that they are the foundation, I think, of the growth of the planet, the vegetation... I have so many flowering things and I have a gardener too. Because she takes care of the bees too, all she does is figure out, 'OK, what would they like to have?', so we've got acres and acres of clover, we're planting stuff like lavender, I've got like, maybe 140 magnolia trees, big blossoms. In these comments attributed to him, Freeman mentioned environmental concerns associated with the survival of bees and making efforts to ensure his bees thrive. But he didn't actually state in those remarks that he converted his ranch into a "bee sanctuary" for the purpose of helping the environment. Over the years, news articles have cropped up sourcing Freeman's 2014 comments and reporting that he had converted his ranch in Mississippi to a bee sanctuary. In 2019, a large number of articles were aggregated from a Forbes story with the headline, "Morgan Freeman Converted His 124-Acre Ranch Into A Giant Honeybee Sanctuary To Save The Bees." But the Forbes story also cites Freeman's 2014 interview on Fallon. news articles cropped up Forbes story We were unable to find recent comments by Freeman confirming whether he currently keeps bees at his Mississippi residence, as of this writing. We reached out to Freeman's agency CAA and asked whether Freeman is still beekeeping and whether his effort would be described as a bee sanctuary meant to help the environment, but didn't get a response in time for publication. We will update this story if we hear back. In late April 2018, an unsourced Facebook post reporting that U.S. President Donald Trump had been "ordered" not to attend former First Lady Barbara Bush's funeral on 21 April 2018 in Houston, Texas, was circulated on social media, prompting readers to ask if it was true:   Barbara Bush, who was the mother of former president George W. Bush and former Florida governor Jeb Bush, as well as the wife of former President George H.W. Bush, passed away on 17 April 2018 at the age of 92. After a bitter 2016 presidential campaign in which candidate Donald Trump heavily criticized two of Barbara Bush's sons (as well as beating out Jeb Bush for the Republican nomination), the Bush family matriarch made it no secret that she was not a fan of Donald Trump. We uncovered no other reports that anyone from the Bush family "ordered" the sitting president not to attend Barbara Bush's memorial service. Instead, the White House released a statement to reporters saying Trump would not attend out of respect to avoid creating a disruption "due to added security." First Lady Melania Trump, however, will be in attendance, as will former presidents Bill Clinton and Barack Obama, and former first ladies Hillary Clinton, Laura Bush, and Michelle Obama (along with, of course, Barbara Bush's husband and sons). statement will be During the 2016 campaign, Barbara Bush didn't hold back in her critiques of then-candidate Donald Trump. In the course of a CNN interview, for example, she proclaimed that "[Trump] doesn't give many answers to how he would solve problems. He sort of makes faces and says insulting things ... He's said terrible things about women, terrible things about the military. I don't understand why people are for him, for that reason. I'm a woman ... I'm not crazy about what he says about women." In another interview with CBS, Bush again lambasted Trump for his comments about women and called him a "comedian" or a "showman": Surprised this didn't get shared more at the time. Maybe because back then so many thought he would inevitably lose and disappear. Barbara Bush unfiltered on Trump. "I don't know how women can vote" for him, she says. pic.twitter.com/IWK42SmGo7 pic.twitter.com/IWK42SmGo7  Elad Nehorai (@PopChassid) April 9, 2018 April 9, 2018  Although there was no love lost between President Trump and the Bush family, the BBC noted it's not unusual for sitting presidents to skip the funerals of former first ladies: BBC Of course, then-President Barack Obama didn't attend the funerals of Republican first ladies Nancy Reagan and Betty Ford. Neither did George W Bush attend the 2007 memorial services for Democrat Lady Bird Johnson. But Mr Trump and the Bushes are in the same party  and a presidential gesture here could have soothed some raw wounds for Republicans that remain from the tumultuous 2016 campaign. Instead, Mr Trump will spend the weekend at his resort in Florida. Bush did express that he wanted President Trump to attend his own funeral, however: express Despite antipathy between the Bush family and President Donald Trump, the 41st president made clear he wanted America's current leader to be at the funeral, putting the institution of the presidency above personal animosities. Trump has confirmed he will attend the event, which follows a series of national disasters and tragedies and moments of public mourning that have caused critics to fault his behavior as short of that expected of a president. To his credit, Trump canceled what was certain to be a contentious news conference at the G20 summit in Argentina out of respect for Bush. He also sent one of the iconic blue-and-white 747 jets that serves as Air Force One when a president is aboard to Texas to carry Bush's casket. Associated Press. "Trump Will Skip Barbara Bush Funeral, Sending First Lady."
  19 April 2018. KTRK-TV.  "Some Details Released for Barbara Bush's Funeral."
  20 April 2018. BBC News.  "Barbara Bush Funeral: Donald Trump Not Attending 'Out of Respect.'"
  20 April 2018. Friedmann, Sarah.  "These Barbara Bush Quotes About Trump Are Still So Relevant for American Women."
  Bustle.  17 April 2018. Following the 14 February 2018 school shooting at Marjory Stoneman Douglas in Parkland Florida, people began posting information about planned school walkouts and protests, frequently with the hashtags #schoolwalkout or #nationalschoolwalkout. Readers wrote in confused about the various dates promoted by different groups. Below is a breakdown of planned events. On 20 and 21 February 2018, students from at least 50 high schools in South Florida participated in a walkout in one of at least two regional demonstrations staged by students in response to the shooting in Parkland. The Sun Sentinel reported: participated Perhaps the largest crowd came Wednesday [21 February 2018] afternoon when teens from various schools all converged on Marjory Stoneman Douglas High, where authorities say Nikolas Cruz shot and killed 17 people. The demonstrators long lines snaked for several city blocks, visible through the aerial images captured by news helicopters. Drivers passing by honked their horns in support ... U.S. Sen. Bill Nelson, D-Fla., was outside Marjory Stoneman praising students. You all are so strong and you are so articulate, Nelson told the students as they nodded. Keep that message going on, because if you dont, itll get swallowed up into the same ol same ol, just like its been. 14 March 2018 Women's March Youth EMPOWER, an organization sponsored by the Women's March Network  which planned large-scale protests the day after Donald Trump's inauguration and a year afterwards  is planning a walkout for 14 March. It would be for 17 minutes, one minute for each of the people killed in the Parkland shooting:  sponsored     24 March 2018 Survivors of the 14 February shooting at Margery Stoneman Douglas High School and other students are planning a protest in Washington, D.C., called "March for Our Lives." The event has caught the interest of celebrities, including Oprah Winfrey and George and Amal Clooney, who have donated large amounts of money to the event. "Sister marches" will take place in cities around the world.  students event world 20 April 2018 The most highly publicized walkout appears to be planned for 20 April 2018, the 19th anniversary of the massacre at Columbine High School in Colorado. Details about the event vary across social media from a full-day absence to signing children out (or having students walk out) at the time the Columbine massacre occurred. At least one high school has threatened disciplinary action against any student participating in a school walkout. threatened On Facebook, a "No Kids Left" event was scheduled for 20 April 2018, which urged parents to keep their children out of school for the entire day: event Parents and Caregivers, please keep your children out of the classroom on Friday, April 20, 2018, the 19th anniversary of the Columbine HS massacre. This will be a simulation of the extreme outcome if we continue to only offer thoughts & prayers when our children are murdered at school. #nokidsleft Together lets send a message to our representatives & the current administration in Washington to take action. I'm a mom who doesn't know what else to do, but we must do something. Please share this event & RSVP to show your solidarity. Please help families who cannot afford to stay home from work by offering your service of child care. NOTE: We are working with www.noshootings.com to make the 19th anniversary of the Columbine shooting a day when no kids get shot because no kids will be at school. The Twitter account @schoolwalkoutUS, created in February 2018 provided a date of 20 April and clarified that the event was separate from the 24 March demonstrations: @schoolwalkoutUS On Friday, April 20th we want students to attend school and then promptly WALK-OUT at 10:00 am. Sit outside your schools and peacefully protest. Make some noise. Voice your thoughts. "We are students, we are victims, we are change."  National School Walkout (@schoolwalkoutUS) February 17, 2018 February 17, 2018  We contacted event organizers for clarification, and National School Walkout responded: Hello, The Walkout is real. It will take place at 10:00 a.m. on the anniversary of the Columbine killings, April 20th, and will be an opportunity for young people to send a clear message that we will not tolerate inaction on gun violence. Other organizations are planning similar events and protests. We fully endorse those events as well, and we hope that together we can end the violence that terrorizes our country. Chokey, Aric, Juan Ortega and Brett Clarkson.  "'Enough Is Enough,' Students Chant As Thousands Stage Walkouts Across South Florida."
  Sun Sentinel.  21 February 2018. Williams, David.  "Schools Threaten To Punish Students Who Join Walkouts Over Gun Control."
  CNN.  21 February 2018. Women's March.  "ENOUGH: National School Walkout."
  Accessed 22 February 2018. On Oct. 27, 2019, U.S. President Trump announced the death of Islamic State (IS) leader Abu Bakr al-Baghdadi. As news outlets quickly fielded reports about the terrorist leader's death, the Washington Post published an obituary that labeled al-Baghdadi an "austere religious scholar." Screenshots of this obituary headline were widely shared on social media along with criticism of the news outlet. Former White House Press Secretary Sean Spicer, for instance, posted the following message on Twitter: Stop, read this & think about it: last night a ruthless, brutal terrorist who threatened our country & is responsible for the death of American citizens was killed in a successful operation by US military & @washingtonpost described #Albagdadi as an austere religious scholar pic.twitter.com/Mjptm0Fa3Z @washingtonpost #Albagdadi pic.twitter.com/Mjptm0Fa3Z  Sean Spicer (@seanspicer) October 27, 2019 October 27, 2019  This is a genuine headline that briefly appeared on Washingtonpost.com. An archived version of the article can be found here. here The headline appeared on the Washington Post's website for about two hours. The story was published at 8:31 a.m. CDT, according to the article's timestamp. This headline was changed to "Abu Bakr al-Baghdadi, extremist leader of Islamic State, dies at 48" at about 10:35 a.m., according to archived links from the Internet Wayback Machine.  archived links Kristine Coratti Kelly, the vice president and communications general manager of Washington Post Live, posted a message on Twitter saying that the headline "should never have read that way." Regarding our al-Baghdadi obituary, the headline should never have read that way and we changed it quickly.  Kristine Coratti Kelly (@kriscoratti) October 27, 2019 October 27, 2019  The qualms over the Washington Post's headline likely served as the inspiration of a meme targeting another "mainstream media" outlet, CNN. Some social media users started to share an image that supposedly showed a screenshot from a CNN broadcast about al-Baghdadi's death featuring the chyron "Trump Kills Unarmed Father of Three": For the record, while the Washington Post briefly published a headline for al-Baghdadi's obituary labeling him a religious scholar, the above-displayed chryon is a digital manipulation featuring a years-old image of Don Lemon that never aired on CNN.   years-old image of Don Lemon Warrick, Joby.  "Abu Bakr al-Baghdadi, Extremist Leader of Islamic State, Dies at 48."
  The Washington Post.  27 October 2019. Warrick, Joby.  "Abu Bakr Al-Baghdadi, Extremist Leader of Islamic State, Dies at 48."
  The Washington Post.  27 October 2019. In mid-March 2020, the coffee brand Starbucks announced it would open a bean roasting facility in China, which prompted a spate of memes aimed at a U.S. audience about "creating jobs for China." announced   It's true that Starbucks is investing $130 million to open a coffee bean roasting plant in China, per a company announcement dated March 12, 2020. This will be an expansion of Starbucks' already-existing presence in China, where the chain has been doing business since 1999. Starbucks already has 4,200 stores in 177 cities in mainland China, with a total of 57,000 employees. announcement already has So, while the expansion will indeed create more jobs in China, it's not as if the company is shipping American jobs overseas. Instead, the new roasting facility is geared toward making beans for coffee drinkers purchasing the beverage locally in Asia. The announcement from Starbucks reads: Starbucks Coffee Company, the global roaster and retailer of specialty coffee, announced today it will invest approximately $130 million (USD) in China to open a state-of-the-art roasting facility in 2022 as part of its new Coffee Innovation Park (CIP). As Starbucks largest manufacturing investment outside of the U.S. and its first in Asia, the CIP will incorporate a roasting plant, warehouse and distribution center, creating highly-skilled jobs and new career opportunities that will further drive smart and sustainable coffee manufacturing in China. The plant will serve as a key component of the Companys global roasting network, and the bold infrastructure investment further deepens Starbucks multi-decade commitment to strengthen the specialty coffee industry in China, where it aims to have 6,000 stores by 2022. China Daily, an English-language, government-run newspaper, reported that the Coffee Innovation Park is slated to be built in Kunshan, a city in China's eastern Jiangsu province. reported Starbucks."Starbucks Coffee Innovation Park in China Elevates Manufacturing and Extends Global Roasting Network."
12 March 2020. China Daily."Starbucks to Build Up Roasting Capacity in China."
13 March 2020. Bajpai, Prableen."How Starbucks (SBUX) Is Getting Itself Back On Track In China In Wake of COVID-19."
Nasdaq.com.25 March 2020. On 30 July 2017, the conservative Truth Division web site reported that the United States' national debt had fallen to a "surprising" extent in the seven months since the inauguration of President Donald Trump: Truth Division President Donald Trump and his administration are undoing the governments rampant spending that occurred under former President Obamas watch.  According the U.S. Treasurys direct record, a surprising amount of money has been saved over the course of seven months. On January 20th, the day Trump was inaugurated, the total debt was $19,947,304,555,212.49. On July 30th, seven short months later, its at $19,844,938,940,351.37. Overall the debt has decreased by $102,365,614,861.12. We have checked these numbers and set them in context, and found that the national debt did indeed fall by $102 billion between 20 January and the end of July 2017. This decline is also historically remarkable, in both absolute and percentage terms. This six-month fall in the national debt is also significant when measured against the size of the overall economy. National debt  the basics  The national debt is, in brief, the total value of what the federal government owes, and is made up of accumulated annual deficits (when the government spends more than it receives in taxes and other income). It is made up of "public debt" and "intragovernmental holdings." Public debt is, essentially, debt held by sources outside the central government. Intragovernmental holdings are debts between agencies within the federal government, in the form of government trust funds, such as Social Security trust funds.  National debt  the numbers According to figures published by the Treasury Department's Bureau of Fiscal Services on the TreasuryDirect web site, the national debt was $19.84 trillion on 27 July 2017 (not 30 July, as stated by Truth Division. On 20 January, it was $19.95 trillion. TreasuryDirect That shows a fall of $102.37 billion, or 0.51 percent, over a period of 131 business days. To set that in context, we analyzed national debt data stretching back to 12 July 1993, and examined every 131-day period in the last 24 years. You can download a spreadsheet containing all the relevant data here. here Debt-to-GDP ratio The national debt, however, is best viewed with reference to the overall economy. If two countries have about the same national debt, the one with the smaller economy will likely be more constrained in its spending, whereas the larger economy  despite having the same level of debt  will be less affected in terms of economic and fiscal policy. A good way of checking this is to compare the size of the debt to the size of the economy, measured as GDP (gross domestic product). GDP is the combined market value of all goods and services produced in a given jurisdiction (in this case, the United States). This comparison between the size of the national debt and the size of the economy is known as the debt-to-GDP ratio.  While the Treasury Department publishes the national debt for every business day, GDP is only published on a quarterly basis (once every three months). In order to compare the debt-to-GDP ratio on 27 July with the same figure on Inauguration Day, we have to get a little bit creative.  For example, we know that the United States GDP was $18.9 trillion at the end of December 2016 (the end of the fourth quarter), according to figures published by the Bureau of Economic Analysis.  Bureau of Economic Analysis We also know that the national debt on 30 December 2016 was $19.98 trillion, so the estimated debt-to-GDP ratio on that date was 105.67 percent. In other words, the debts of the United States federal government were 5.67 percent bigger than the size of the Unites States economy (when measured by GDP). At the end of the first quarter of 2017 (the end of March), GDP was $19.06 trillion. And we know that on 31 March, the national debt was $19.85 trillion, meaning the debt-to-GDP ratio was 104.14 percent  a healthier number than at the end of December. But to estimate GDP for all the days in between 30 December and 31 March (including 20 January, Inauguration Day) we have to cheat a little bit. You can read more about our methodology by downloading this spreadsheet, but here's what our estimates revealed: Causes The Truth Division, a conservative, openly pro-Trump web site, clearly attributes this decline in the national debt to the president, claiming he and his administration are "undoing the government's rampant spending" and "keeping his promises regarding fiscal responsibility". However, the article does not cite any examples of actions taken by Donald Trump which would support this conclusion.  Jared Bernstein, a senior fellow at the Center on Budget and Policy Priorities and former economic adviser to Vice President Joe Biden, dismissed any claims that President Trump is responsible:  Trump hasn't legislated anything that would have any impact on the fiscal accounts, so it simply doesn't make sense on the face it.  Instead, Bernstein told us, the cause of the drop in the debt is simple  the federal debt ceiling that has been in place since March 2017. If you look at a plot of the total debt right now, it's holding steady at the limit, because to go over the limit is unconstitutional. So you either have to engage in extraordinary measures or eventually default, and the latter is unimaginable so right now Treasury is engaged in the former. That is, they are delaying or suspending various payments that need to be made, particularly within some of their intra-governmental accounts... By those measures, they can hold the national debt where it is for a certain amount of time.  Eventually, Bernstein says, the debt ceiling will have to be lifted, and the payments that had been delayed will cause the national debt to increase once again.  That pattern can be seen in this chart, which shows the national debt from January 2011 up to the end of July 2017. There are four flat lines showing four periods during which the debt ceiling was frozen: from May to August 2011; May to October 2013; March to October 2015; and the ongoing period since March 2017.  2011 2013 2015   Conclusion The Truth Division article accurately describes the extent to which the national debt fell between the inauguration of Donald Trump in January 2017 and the end of July of the same year. And it rightly describes this fall as "surprising", since it ranks among the very largest 131-day declines in the national debt since July 1993, both in absolute and percentage terms.  Similarly, the decline in both components of the national debt  public debt and intragovernmental holdings  was highly significant between 20 January and 27 July 2017, both in absolute and percentage terms, and as we have shown, the national debt has fallen by an estimated 2.25 percent since Inauguration Day  even when measured against the size of the overall Unites States economy. Whether or not any actions or decisions made by Donald Trump have caused or contributed to these historically remarkable declines in the debt is a question that goes beyond the scope of this particular fact check. Unfortunately, the  national debt resumed its upward march in August 2017 and by mid-August 2018 stood at about $21.3 trillion (up $1.4 trillion since Inauguration Day), so the early 2017 drop has not proved to be a long-term trend. national debt A spreadsheet containing all the data relevant to this article can be downloaded here. here Bureau of Fiscal Services.  "Frequently Asked Questions About the Public Debt".
 TreasuryDirect.gov.  1 April 2016. Claim:  Chase Bank does not allow cash deposits made by non-account holders.  Examples:  [Collected via e-mail, July 2008] Chase bank this morning would not accept cash deposit, when the person depositing the cash was not the account holder.  I was told that "banking laws prohibit someone who is not the account holder from depositing cash to an account." (This actually happened to me!) Origins:  In January 2014, JPMorgan Chase & Co., the largest bank in the U.S., announced that in order to head off potential money laundering issues, it would be implementing a policy that requires customers making cash deposits to show identification and that prohibits customers from depositing cash into personal accounts on which they are not listed as account holders: announced  The policy applies only to cash deposits (not negotiables such as checks or money orders) and only to deposits made into consumer and business accounts (not investment, Treasury and commercial accounts). The restrictions, for example, limit the ability of parents to deposit cash into the accounts of their children who might be away from home (e.g., at college or on vacation) if the parents are not listed as joint account holders, but Chase customers can add authorized signers to their accounts to work around this limitation. According to a Chase spokesperson, the policy change was related to efforts to bolster the bank's anti-money laundering efforts: "It's an excellent idea. I guarantee other banks will follow suit very shortly  if they're smart," said Annemarie McAvoy, a former federal prosecutor who now teaches anti-money laundering and counterterrorism at Fordham Law School. "The hard thing with cash is you can't tell where it's coming from once it goes into an account," said McAvoy. "I think Chase is trying very hard to be ahead of the curve. Part of it is they are under the microscope [due to a $2 billion settlement over criminal charges related to the Madoff scandal], but I think they are really trying to do the right thing." settlement It is not accurate to say that this limitation on cash deposits is "banking law," however.  Banks are required by law to report cash transactions exceeding $10,000, but they are not required to turn down cash deposits made by non-account holders  the latter restriction is purely a voluntary policy that Chase has chosen to implement on its own; other banks may or may not follow suit. Last updated:  20 September 2014 On 2 January 2017, former Alaska governor Sarah Palin posted a message referencing a quote from former British prime minister Margaret Thatcher about socialism, along with a link to a story about Dan Price, the CEO of Gravity Payments, who took a drastic pay cut to raise the minimum salary at his company to $70,000 and then had to rent out his home in order to make ends meet: posted Margaret Thatcher  The linked story was not current news; it was originally published by Young Cons on 1 August 2015: published Back in April we told you about Dan Price, CEO of Gravity Payments, who said he would pay every single one of his employees $70,000 annually. Every single one, from the lowest skilled workers on up. Now, as expected, Price has fallen on hard times financially, even having to rent out his own home. The Young Cons article was based on a comment Price made in a video interview with the New York Times. Price, who slashed his own $1 million pay package to provide a minimum salary of $70,000 to all his employees, told the newspaper that he had received mixed reactions about the new pay structure and was still adjusting to life on his own much lower salary. comment Price's relevant comments come at the 2:30 mark of the following video:  My hope is that I'll be right at the end of the day. But I actually don't think that the idea is so good to guaurantee that I'll be right. I'm working as hard as I've ever worked to try to make it work. I'm renting out my house right now to make ends meet for myself. I haven't made this little amount of money since I was in my early 20s. It helps that I'm 31 and don't have kids. And no girlfriend to tell me I'm crazy. Price did indeed put his house up for rent on AirBnB (an online marketplace and homestay network). The first review for the listing was posted in June 2015, and the house was reviewed eight additional times (with the most recent review as of this writing coming from August 2016). AirBnB However, Price's actions didn't necessarily demonstrate any failings of socialism, indicate that Gravity Payments was suffering financially, or show that Price had "fallen on hard times." Price told Today in August 2016 (more than a year after he made his initial salary announcement) that some of the financial adjustments he made, such as renting out his house during the summer, were neither permanent nor based purely on financial necessity: Price himself made some cutbacks to adjust to the lower salary, although more out of sensibility than necessity. He now rents his house on Airbnb during the summer to make extra cash, and sleeps in the guest room at a friends house. You might call it a sacrifice, he said, speaking from the borrowed room. But to me, its fun. It feels good. Price is quick to state the obvious: that any life adjustments hes made as a result of earning less after earning so much more are hardly putting me in some horrible, awful position. Of course, even as he's emerged as a champion for income equality, he wont be making $70,000 forever, and that was never the plan. When I made the announcement, I said I would just put my salary back where it was once the companys profits had gone back to where they were, Price said. I expected us to take a big step backwards. Price's salary adjustments sparked massive interest in Gravity Payments (a credit card processing company), and according to an article published by Inc Magazine, the company's revenues and profits doubled in the six months following Price's announcement: doubled Six months after Price's announcement, Gravity has defied doubters. Revenue is growing at double the previous rate. Profits have also doubled. Gravity did lose a few customers: Some objected to what seemed like a political statement that put pressure on them to raise their own wages; others feared price hikes or service cutbacks. But media reports suggesting that panicked customers were fleeing have proved false. In fact, Gravity's customer retention rate rose from 91 to 95 percent in the second quarter. Only two employees quit  a nonevent. Jason Haley isn't one of them. He is still an employee, and a better paid one. We talked to a close associate of Dan Price's at Gravity Payments who confirmed all of the above for us.  Mr. Price chose to put his house up on Airbnb during the summers months not out of financial necessity, he said, but because Price lives alone and has far more room than he needs (in addition to plenty of friends and acquaintances in the area with whom he can stay), so why not let others enjoy his beautiful home part of the year and raise some extra revenue in the process?  He also noted that because the company's revenues and profits have shot up dramatically since the minimum wage announcement (rather than sharply declining, as initially expected), Price could have returned his salary to its previous much higher level but has so far opted not to. Murray, Rheana.  "Gravity Payments' $70K Minimum Salary: CEO Dan Price Shares Result Over a Year Later."
  Today.  11 August 2016.

 Keegan, Paul.  "Here's What Really Happened at That Company That Set a $70,000 Minimum Wage."
  Inc Magazine.  November 2015. Cohen, Patricia.  "A Company Copes with Backlash Against the Raise That Roared."
  The New York Times.  31 July 2015.