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How Biden has spun the $1.4 trillion reduction in the deficit while he has INCREASED spending: 'Historic' drop he says is proof his policies are working has been sparked by the end COVID relief
  • Joe Biden is spinning economic victory out of the $1.4 trillion reduction of the national deficit

  • Deficit drop actually came with the ending of covid relief funding

  • The Committee for a Responsible Federal Budget found that 'over 100 percent [of the deficit reduction] was the result of shrinking or expiring COVID relief'
    At least that piece is happening, which is better than continuing as they were, making things slightly less horrible.
  • Biden is actually increasing government spending

  • His student loan forgiveness program 'is the single largest contributing cost to the FY2022 deficit totaling $379 billion,' the Bipartisan Policy Center found

    • Posted by: Skidmark 2022-10-25
    http://www.rantburg.com/poparticle.php?ID=647719