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2023-08-16 23:18:20
President Biden’s deficit reduction claim is misleading. The congressional budget office had factored in the reduced deficit due to the pandemic winding down before he enacted any policy. [Link]
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2023-08-16 23:34:15
This statistic is doesn't account for emergency spending. Deficit spending in the year prior to pandemic was $891M (2012 $). Current deficit estimate is over $900M, with spending remaining $6-800M over pre-pandemic. Tax income remains at record high levels, beginning 2021. [Link]
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2023-08-16 23:34:17
While deficits fell, it wasn’t due to Biden’s actions but rather the planned expiration of temporary COVID funding. His actions made the decline smaller. Deficits by year: FY18: $0.78T FY19: $0.98T FY20: $3.13T FY21: $2.77T FY22: $1.38T FY23 (1st 10 months): $1.6T [Link] [Link] [Link] [Link]
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2023-08-16 23:38:03
NNN. It expresses a factually correct claim. Community notes are for false claims.
NEEDS_MORE_RATINGS(3-1-16)
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2023-08-17 07:24:48
According to the Tax Policy Center, more than 111 million Americans making less than 400,000 per year will see their taxes increased in 2024 under Biden’s plan. [Link]
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2023-08-17 18:36:38
Not a fact. Misleading
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