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Did joe biden reduce the defecit...
Did joe biden reduce the defecit...
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Did President Biden Reduce the Deficit by $1 Trillion? | Committee for a Responsible Federal Budget
2022-03-02-In his first State of the Union address, President Joe Biden stated that he would be "the only president ever to cut the deficit bywww.crfb.org
AI answer based on the two sources above![]()
Biden’s fiscal legacy | Brookings
Jessica Riedl offers a comprehensive retrospective on the fiscal impact of policies enacted during the Biden presidency.www.brookings.edu
No, President Biden did not reduce the deficit during his term; instead, the cumulative budget deficits increased significantly. When he took office, the projected deficit for 2021-2031 was $14.5 trillion, and by the end of his presidency, it was projected to be $21.2 trillion.