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How. Please show me how. All this administration has been doing is spending. I find this very hard to believe.
not a chance it happens. You can find the WaPo fact-check, and you can read the CNN fact-check here (linked, and WaPo mentioned since they're undeniably left-leaning):
"A $360 billion decline is certainly substantial. The Congressional Budget Office, however, had estimated at the beginning of Biden's tenure that the fiscal 2021 deficit would be a decline of more than $870 billion if the Biden administration did not implement new policy."
Yes, we spent a ****load of money in FY20 under CARES Act in the panic/emergency of Covid. $2T more than planned. One would expect the deficit to drop by $2 TRILLION dollars the next year.
Increased spending is not good no matter which party does it. The dems say they will spend and do so. You can see them coming from a mile away. The republicans are the hypocrites.
yes, the Republicans should have never ever agreed to anything in December 2020, after the elections and after the worst of Covid, that was "Covid relief" that wasn't healthcare and vaccines/therapies. But for some reason they did, and sadly, for whatever reason (probably "this will help people come to my side in 'election fraud'") Trump signed it.
The deficit for FY22 should be at least $2T less than the deficit for FY20, no ifs and or buts.
What was the last administration that oversaw more federal income than spend (decreased the national debt). At this point it's late on a Friday night and I guess I'm lazy, but I'm really curious. I'm so anti-politician in general that I assume they've all made it worse. When was the last time the debt was reduced?
Not saying I'm a huge fan of giant taxes, because I'm not. That's a different conversation.
We at least projected small surpluses under Clinton/Republican Congress. Whether we actually achieved them or not is a bit subject to debate.
And how do you defend Trump INCREASING the deficit by 7.8 TRILLION dollars? You can't? I didn't think you could.
while it was wrong in the mind of Republicans ... Trump never had a scheduled deficit in his 4 years higher than Obama's actual deficits in his first term that he "controlled". Covid changed everything.
yes, the Republicans should have never ever agreed to anything in December 2020, after the elections and after the worst of Covid, that was "Covid relief" that wasn't healthcare and vaccines/therapies. But for some reason they did, and sadly, for whatever reason (probably "this will help people come to my side in 'election fraud'") Trump signed it.
The deficit for FY22 should be at least $2T less than the deficit for FY20, no ifs and or buts.
The federal budget itself should be not a penny more than $2T, no ifs ands or buts.
In fact, there should be a permanent moratorium on any new federal spending programs and/or unbudgeted appropriations until such time the federal budget shrinks to 10% of GDP.
Last edited by albert648; 05-13-2022 at 08:45 PM..
And how do you defend Trump INCREASING the deficit by 7.8 TRILLION dollars? You can't? I didn't think you could.
Wasn't happy with that. Trump is no longer in office now though. Joe is, and remember ....the buck stops with him, he told us that.
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I didn't think you could. 
