Lies, Damned Lies, And Biden's Budget
Issues & Insights, by The Editorial Board
The first line in President Joe Biden’s budget statement, released Monday, is “Budgets are statements of values, and the budget I am releasing today sends a clear message.”
Biden’s right that his $5.8 trillion budget sends a clear message. The message is that he will say and do anything, no matter how disconnected from reality it is. The rest of his statement is itself full of lies and half-truths.
For example, Biden brags that he’s cut the deficit in half in his first year, making it “the largest one-year reduction in the deficit in U.S. history.” That’s technically true but completely irrelevant.
Deficits ballooned as a result of the pandemic shutdown and the – bipartisan – rescue legislation enacted under President Donald Trump. Biden forgets that he added trillions more to the pile with his “rescue plan” and the bloated infrastructure bill.
Plus, it’s Biden’s own budget that calls for deficits to remain well above $1 trillion – and climbing – over the next decade.
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https://issuesinsights.com/2022/03/29/lies-damned-lies-and-bidens-budget/
