Op-ed on Tuesday, Joe Biden curiously cast himself as a deficit hawk.
Biden then claimed credit for allegedly getting our fiscal house in order: "Last week, the nonpartisan Congressional Budget Office projected that the deficit will fall by $1.7 trillion this year-the largest reduction in history." He added, "This deficit progress wasn't preordained." In other words, it happened because of his leadership.
Put otherwise, Biden's ARPA added more deficit spending in 2021 than we racked up in any of the four years of World War II-again, even after adjusting for inflation.
As for the deficit this year that Biden is so proud of, the CBO projects.
During the year that American troops stormed the beaches at Normandy, our inflation-adjusted deficit spending was $568 billion.
This is a product of the rampant deficit spending that Biden claims is under control.
Not to mention that Biden has fought hard to get another bill passed that calls for even more deficit spending, his "Build Back Better" proposal.
https://amgreatness.com/2022/06/01/bidens-shameless-portrayal-of-himself-as-a-deficit-hawk/
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