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Wednesday, 05/04/2022 10:27:30 AM

Wednesday, May 04, 2022 10:27:30 AM

Post# of 37921
What's wrong with this picture ? -

With deficit falling, Biden highlights fiscal responsibility
https://www.msn.com/en-us/news/politics/with-deficit-falling-biden-highlights-fiscal-responsibility/ar-AAWTVP4?ocid=msedgntp&cvid=f271fa93c6604a95afad8aaf19d92c69

My Comment: Spending keeps going up and the deficits are reduced ? We'll see. The economy is slowing which means reduced revenues.

Excerpt:
Besides the quarterly reduction in the national debt, the Treasury Department estimates that this fiscal year's budget deficit will decline $1.5 trillion. That decrease marks an improvement from initial forecasts and would likely put the annual deficit below $1.3 trillion.
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