2023-05-11 00:24:59
Pandemic spending expired temporarily reducing the deficit. Biden took no actions to actually lower the deficit, increased it by spending more than expected and is far outpacing 2022 deficit spending this year. [Link][Link][Link][Link] NEEDS_MORE_RATINGS(8-0-0) Author
2023-05-11 17:42:35
Joe Biden approved more borrowing than any person in history. He's been in an official position since 1973 when the debt was $400B. As Senator, Vice President & President $24 Trillion was approved. The White House Budget proposes $19 Trillion more borrowing over 10 years. [Link] NEEDS_MORE_RATINGS(1-0-0) Author
2023-05-11 21:16:50
CEOs making similar claims would be in trouble with the SEC. 2020 had one-yr significant expense that increased the deficit. (Also, do not confuse deficit and debt, those are two different discussions.) Being low next to a 1-time extraordinary deficit is not "decreasing" it. NEEDS_MORE_RATINGS(1-0-0) Author
2023-05-12 09:01:49
The deficit in 2022 was the forth highest in history. The deficit was only reduced because Covid policies, which Biden supported, ended. It is misleading to suggest it is due to Biden's fiscal responsibility. National debt is the highest ever, at over $31 Trillion. [Link] NEEDS_MORE_RATINGS(0-0-0) Author