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Biden Pandemic Economy Just my own thoughts

Biden adds 600 billion to the deficit but claims he will lower it by 1.5 trillion.

January, February, and March saw the three highest months ever of deficit spending. Also Biden spending is over 600 billion n the red. Forget the fact that the Treasury is seeing record breaking revenue coming in. So why is Joe saying that he will cut the deficit by $1.5 trillion? Trump and congress had allocated over 2 trillion for the masks, gowns, ventilators, etc. Items that Obama-Biden never replenished. according to CNBC.

So those trillions are now gone. That’s why Joe’s asking for hundreds of billions more. For COVID, Ukraine, etc.

 

By MC

Master of Truth. A writer who has captured the imagination of many.