Since President Joe Biden took office office early last year, America’s long-term budget deficit has grown by $2.4 trillion. But that fact seems to get obscured in coverage—even skeptical coverage—of the White House’s claims about reducing the federal deficit. The White House’s claims of deficit reduction are not merely “misleading” or “actually true…but utterly deceitful“; they are absolutely, definitively false. In other words, compare the trajectory of deficit spending at the very end of the Trump administration to the current trajectory of deficit spending after one year of Biden’s term in office. The only difference is that Biden’s influence on the budget deficit will be apparent well before 2038.
Source: Fox News June 17, 2022 18:31 UTC