The deceptive line from the White House is that President Biden is fiscally responsible because he has reduced the deficit.
What he has actually done is reduce the deficit by less than it was scheduled to go down merely because emergency Covid spending was coming to an end.
The CBO has a chart that shows where the debt is heading as a result of Biden’s policies. As a percentage of GDP, Biden now has the United States at a level not seen since World War II. And that’s just for starters.
WARNING: Adult content only. Do not show this to your children, who will have to pay it off or deal with the catastrophe when other nations stop lending.
1 thought on “CBO has a frightening chart showing the deep financial hole Biden is putting us in”
Well done, RK!
Only the federal government can raise the cost of business, but just a tad less than before, but still skyrocketing high, and call it a “win”.
Try that at home folks.
H
Comments are closed.