On 9/5/23 12:32 PM, ScottW wrote:
https://www.msn.com/en-us/news/politics/the-media-is-finally-waking-up-to-the-sham-stats-behind-biden-s-economy-boasts/ar-AA1gfeVe
After perennially and uncritically repeating President Biden’s false claims about cutting the federal budget deficit, The Washington Post
admitted Sunday that Biden will double the deficit this year to $2
trillion.
That things change doesn't make Biden's claims "false."
Also, primary sources:
https://www.cbo.gov/publication/59377
Context:
https://www.cbo.gov/publication/57971
"Deficits
At 3.9 percent of gross domestic product (GDP), the projected deficit in
2022 is much smaller than those recorded in 2020 and 2021, because
federal spending in response to the coronavirus pandemic has waned and
revenues have risen sharply. Nevertheless, in CBO’s projections, federal deficits over the 2022–2052 period average 7.3 percent of GDP (more than double the average over the past half-century) and generally grow each
year, reaching 11.1 percent of GDP in 2052."
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