- Lora Jean Ladd FB May 22, 2024
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'Aides said Biden’s forthcoming budget plan would trim the national debt by $3 trillion over 10 years, similar to what he pitched in last year’s budget proposal, which was not approved by Congress.'
- Rolling Stone April 6th, 2024
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'Trump added $8.4 trillion to the national debt: Analysis'
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'At campaign fundraisers in December and February, he [Biden] told audience members that on his watch, the deficit fell by "$7 billion."
The actual decline is more than $1 trillion, not billion. '
https://shorturl.at/DbteU
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'There is an element of truth to the claim that Obama and Clinton indeed achieved deficit reduction during their respective tenures as president.'
'It is true that Biden's projected budget has the deficit fall from the -5.8 percent expected in 2022 (which itself is a big drop from the -12.4 percent recorded in the pandemic-hit 2021), to -4.8 percent in 2025, the last year of his first term. It is further projected to drop to -4.5 percent by 2027.'
- New York Times April 7th, 2024
The US Inflation Rate fell from 9% in 2022 (when oil prices rose 500% from April, 2020), to 3.5% in 2023:
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