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.