cut deficit: misleading because COVID spending ended. Biden signing increase federal spending


#shorts On 2/16/2023, a reporter asked KJP, “I wanted to ask you — the Congressional Budget report. So, the President said that he has cut the deficit over the past two years. But isn’t that misleading for Americans because it was the COVID spending that ended that really brought that money down, as well as the President signing an increase in ongoing federal spending? And now the CBO is saying the federal deficit this year is $1.4 trillion and averaging $2 trillion until 2033.”

KJP: So, look, the President has long made reducing the deficit and — and being fisi- — fiscally responsible as a priority … And — and, I think, look no further than his speech yesterday. Look no further, also, I guess, his speech — the State of the Union — where he said that he’s going to continue to cut the deficit by $2 trillion … But here’s the thing: You have congressional Republicans who want to increase the deficit by $3 trillion. When you think about repealing the Inflation Reduction Act …

Reporter: How does spending cuts in that budget as well as tax increases —

KJP: I’m not going to get ahead of the President. I’m just saying what he laid out to all of you yesterday: $2 trillion, he’s going to de- — he’s going to lower the deficit. And that shows fiscal responsibility, and that’s something that the President has talked about as Vice President, as senator. And he’s shown — he’s shown it. He has the receipts.

other clips of this published longer video is here: https://youtu.be/Pn8DRutTnqo
cut deficit: misleading because COVID spending ended. Biden signing increase federal spending

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