Remember when republicans wouldn’t stop complaining about the deficit under Obama? They stopped since we know the deficit blew up under Trump.
Now under Biden? Deficit will see steepest decline.
Why has the deficit fallen? in part because of the record job growth, reduced spending, and better revenue stream.
Now under Biden? Deficit will see steepest decline.
Why has the deficit fallen? in part because of the record job growth, reduced spending, and better revenue stream.
Biden administration forecasts $1.03T deficit, down $400B
The Biden administration is forecasting that this year’s budget deficit will be nearly $400 billion lower than it estimated back in March, due in part to stronger than expected revenues, reduced spending, and an economy that has recovered all of the jobs lost during the multi-year pandemic. In...
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