The President Who Doesn’t Know Up From Down

The basic point here is that Biden is trying to take credit for the lower deficit in fiscal year 2022, but if you then look at the latest CBO report, you see that deficits go up, not down.

AP/Evan Vucci
President Biden at Washington February 16, 2023. AP/Evan Vucci

Well, if you think President Biden’s response to the Chinese balloons and other flying objects is baffling, wait until you get to the part about the budget deficit, and spending in general. 

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