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Yet deficit is higher than it would have been had Biden

Posted on: October 21, 2022 at 12:37:28 CT
Spanky KU
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maintained the Trump era laws.

Per WaPo: Three Pinocchios

"Before Biden took office, CBO said in its early 2021 projection that the budget deficit was expected to decline $875 billion in 2021. But then Biden enacted additional covid relief funds and other new policies, resulting in the more modest decline of $360 billion.

The budget deficit was expected to fall even more in 2022, and it has under Biden. But the combined 2021 and 2022 budget deficits were projected by CBO to be $3.31 trillion. Now, CBO says they will be $3.81 trillion."

https://www.washingtonpost.com/politics/2022/09/23/bidens-unwarranted-bragging-about-reducing-budget-deficit/

Edited by Spanky at 12:39:09 on 10/21/22
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US deficit cut in half for fiscal 2022 - JayHoaxH8r MU - 10/21 12:17:46
     Hilarious spin! I spent trillions! but I lowered deficit! - RHAYWORTH MU - 10/21 12:59:46
          Yeah team! - JayHoaxH8r MU - 10/21 13:02:18
               Wonder what it would have been if Democrats didn't enact - TigerMatt STL - 10/21 13:33:02
     $1.375T deficit - Ferg STL - 10/21 12:47:13
          so you are saying the economy is doing very well - JG A - 10/21 12:59:44
               it's overheated - Ferg STL - 10/21 13:32:55
                    No matter who is the next President - JG A - 10/21 13:35:02
          Yes we have a spending problem - JayHoaxH8r MU - 10/21 12:52:38
               RE: Yes we have a spending problem - MOCO SON MU - 10/21 12:57:06
                    I don't support that - JayHoaxH8r MU - 10/21 12:58:11
     Yet deficit is higher than it would have been had Biden - Spanky KU - 10/21 12:37:28
     2nd highest deficit in US history outside of 2020/2021. - TigerMatt STL - 10/21 12:29:27
          You guys hate good news. R v D - JayHoaxH8r MU - 10/21 12:30:50
               You are just a D arguing against Rs. (nm) - tman MU - 10/21 12:35:23
                    silly - JayHoaxH8r MU - 10/21 12:37:31
                         I don't see any posts going the other way(nm) - tman MU - 10/21 12:40:44
                              is this a gyro joke? - JayHoaxH8r MU - 10/21 12:42:53
               It is meaningless to cut from the two highest years - TigerMatt STL - 10/21 12:32:09
                    Not meaningless, but it's definitely statistically skewed - Mormad MU - 10/21 12:34:49
                    well hell - JayHoaxH8r MU - 10/21 12:32:50
     lol - Sal CMSU - 10/21 12:25:39
          Correct - JayHoaxH8r MU - 10/21 12:27:20
               Yeah, Biden hasn't spent anything (nm) - Sal CMSU - 10/21 12:28:47
                    Nobody says that - JayHoaxH8r MU - 10/21 12:29:56
     Yes. All good. Yeah Joe Biden(nm) - tman MU - 10/21 12:22:20
          It's good news Low-Tman - JayHoaxH8r MU - 10/21 12:23:03
               I am not low. I am many things but not low(nm) - tman MU - 10/21 12:26:46
                    Nm - Tburger MU - 10/21 12:31:10




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