Biden says that he reduced the deficit by $1.4 Trillion

[AntonToo]

Absolutely nobody believes that

Nobody belives...facts? You sure about that?


"Today, my administration announced that this year, the deficits fell by $1.4 trillion," Biden said

The deficit fell to $1.4 trillion for fiscal year 2022 from $2.8 trillion a year ago, according to the Treasury Department.

 

[AntonToo]

Are you actually attempting to say that you believe Biden and the Dems have reduced spending?

He is actually not.

If you understood a difference between actual deficits and someone reducing spending you'd know that.

 

[TroglocratsRdumb]

He is actually not.

If you understood a difference between actual deficits and someone reducing spending you'd know that.

the dems have not reduced spending no matter how you attempt to frame it
biden is a liar

 

[AntonToo]

the dems have not reduced spending no matter how you attempt to frame it
biden is a liar

No one is saying they reduced spending dummy.

The only "framing" going on is in your head.

 

[TroglocratsRdumb]

No one is saying they reduced spending dummy.

biden is

 

[AntonToo]

biden is

No he didn't.

He stated a fact - deficit went down by 1.4T this year.

 

[KissMy]

"Today, my administration announced that this year, the deficits fell by $1.4 trillion," Biden said

This is the largest deficit reduction in history. Republicans always cause the largest deficit increase. We must keep republicans out of power.

 

[tyroneweaver]

ByAlexandra Hutzler
October 21, 2022, 12:04 PM

President Joe Biden took a victory lap on Friday on deficit reduction, framing new numbers as proof his economic agenda is working ahead of the midterm elections.

"Today, my administration announced that this year, the deficits fell by $1.4 trillion," Biden said, calling it, "the largest one year drop in American history."

The deficit fell to $1.4 trillion for fiscal year 2022 from $2.8 trillion a year ago, according to the Treasury Department. Federal spending also declined by $550 billion, an 8% drop from fiscal year 2021.

The reduction includes the cost of the administration's new plan to forgive some student loan debt, Biden said, which is estimated to add $430 billion to the deficit. The loan forgiveness program has been criticized by many Republicans, who say it's unfair to taxpayers and those who didn't attend college.

"Today we have further proof that we're rebuilding the economy in a responsible way," Biden said.

"If Republicans get their way, the deficit is going to soar, the tax burden is going to fall on the middle class and Republicans are working really hard," he said.

Biden touts 'record' deficit reduction, slams GOP's' economic plans ahead of midterms

Biden predicted that Democrats will be boosted by recent economic news, though polls show Republicans have an edge on the issue.

abcnews.go.com

Comment:
Do you believe Joe?
Do you believe that the Democrats are reducing spending?

in a way joe is right. The dems back logged the debt.
Sorta like a Brady or Aaron Rodgers FB contract
The debt will destroy the country after 2023

 

[WTH_Progs?]

Absolutely nobody believes that

Banker, Rightwinger, AltMac, Dragonlady, Lakhota?

Surely Banker believes it, he's a Banker and leftists always declare they're something they're not.