Biden’s Economic Approval Dives To Lowest Point Of His Presidency: POLL

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Biden’s Budget Deficit Grew Way More Than We Thought This Year​


The U.S. national budget deficit effectively doubled from 2022 to 2023 when President Joe Biden’s failed student debt forgiveness plan is properly accounted for, according to The New York Times.

The country’s budget deficit was reported on Friday to be $1.7 trillion for fiscal year (FY) 2023, compared to around $1.375 trillion in FY 2022, according to a Treasury Department press release. Despite the report by the Treasury, the deficit numbers are closer to $2 trillion for this year and closer to $1 trillion for the last due to an “accounting mirage” related to Biden’s student loan forgiveness plan, according to the NYT. (RELATED: Sustained Inflation Is Ratcheting Up Healthcare Costs For Working Americans)

 
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Biden’s Budget Deficit Grew Way More Than We Thought This Year​


The U.S. national budget deficit effectively doubled from 2022 to 2023 when President Joe Biden’s failed student debt forgiveness plan is properly accounted for, according to The New York Times.

The country’s budget deficit was reported on Friday to be $1.7 trillion for fiscal year (FY) 2023, compared to around $1.375 trillion in FY 2022, according to a Treasury Department press release. Despite the report by the Treasury, the deficit numbers are closer to $2 trillion for this year and closer to $1 trillion for the last due to an “accounting mirage” related to Biden’s student loan forgiveness plan, according to the NYT. (RELATED: Sustained Inflation Is Ratcheting Up Healthcare Costs For Working Americans)

Ronald Reagen proved that deficits don't matter.
-Dick Cheney, 2002

But don't forget the latest incredible economic data, showing the Triumph of Bidenomics! Inflation is down! Jobs are being created! GDP is growing at an amazing rate! No sign of a recession!
 
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a post by Alan Smithee
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Wow! That is some wild and crazy inflation under the Biden administration!
8am this morning. Thanks President Biden!
IMG_20231214_080654.jpg
 
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