
(Photo by Joe Kovacs)
Now it is the government's own numbers that show Joe Biden is misleading the American public when he boasts that he made a huge reduction in the nation's budget deficit.
Biden repeatedly has claimed he has reduced the budget deficit by a trillion dollars – more than anyone else ever.
But the truth is that much of that reduction came because the government's COVID-19 spending programs expired and officials no longer were handing out cash to any willing recipient, and not because of anything Biden did.
Just the News reports that's the conclusion from the Congressional Budget Office.
In fact, the report said the CBO assessment calls Biden's claims "into question."
It noted "Biden's fiscal policy boasts" include that he reduced the deficit by "more than $1 trillion."
"They're gonna talk about big-spending Democrats again," the president said of his political detractors, according to Just the News. "Guess what? I reduced the deficit last year $350 billion. This year, federal deficit is down $1 trillion-plus. That's a fact. And there's gonna be hundreds of billions reduced over the next decade."
The report said while the deficit in 2021 was about $2.77 trillion and that was $1.38 trillion in 2022, Biden leaves out the critical fact that "the colossal 2021 total was bloated by a unique series of stimulus packages of unprecedented size passed in response to the COVID-19 pandemic."
WND is now on Trump's Truth Social! Follow us @WNDNews
The report explained, "As that singular level of pandemic-specific relief spending wound down with the easing of public health fears, federal outlays fell as steeply and abruptly as they had risen, and the deficit narrowed commensurately – and independently of any policy dials twiddled by the Biden administration."
In fact, on Twitter, when Biden boasted of cutting the deficit by $1 trillion, the platform openly corrected him with a note that his claim was "lacking some context."
"Most of the drop is because of the recovery from COVID, and the government spending during that time coming to an end. There’s no indication that any policies have specifically targeted the deficit," the correction said.
The report noted, "At the time of his MLK Day speech, the national deficit stood at roughly $421 billion, according to the Treasury. That number, however, has since risen to more than $460 billion. That figure will likely continue to rise as the fiscal year progresses. The $460 billion figure reflects the deficit in the 2023 fiscal year to date, meaning that figure includes the period from October 2022 to the present. That $460 billion fiscal gap actually represents an increase of $201 billion over the deficit recorded during the same interval in FY 2022, according to Treasury."
The CBO report also warned the national debt is on a pathway right now to reach $46 trillion by 2023, if the current laws including Biden's agenda remain "unchanged."
EDITOR’S NOTE: Long the world’s most Christian nation, America today is being taken over by a new “official” national religion, one being imposed on the entire populace by every major societal institution, from government, media and big tech, to academia, entertainment and business.
This new state religion is Wokeism. “Going woke” conjures up visions of someone claiming to be acutely sensitive (“awake”) to “systemic social and political injustice.” And not just alleged bigotry against blacks, but toward every other “minority” as well, from LGBT folk – especially everything transgender and “nonbinary” – to “undocumented immigrants.” All of them, being VICTIMS, intrinsically more virtuous than the shameful oppressor class: primarily heterosexual white males.
This new “woke” consciousness has turned America upside-down – from the nationwide Antifa and Black Lives Matter riots in 2020, to tearing down of historic monuments, to demanding multi-million-dollar reparation payments for blacks, to appointing transgenders as top government officials, to rampant reverse discrimination in every area of life, to the U.S. military imposing mandatory “diversity training” and transgender pronoun use on all personnel, causing recruitment to disastrously plummet.
Yet there is hope. Being “saved” – which in Wokeism is called being “woke” – is largely a matter of worshipping victimhood by becoming an “ally” and “defender” of all the many victim classes, and a determined enemy of the straight white male oppressor class. Thus, “joining the righteous” as an ally – even if one is cursed to be a straight white male – opens the door mercifully for salvation, even to the most wretched.
That is the power of the religion of Wokeism. And it’s explored as never before in the February 2023 issue of WND’s critically acclaimed monthly Whistleblower magazine. If you’ve ever wondered, for example, exactly how the most radical elements in American society are successfully pressuring the biggest corporations into adopting the most outrageous and immoral policies imaginable, even when doing so permanently damages and devalues the company, the stunning answers are in this issue of Whistleblower, titled “WOKEISM: AMERICA’S OFFICIAL STATE RELIGION.”
For 25 years, WND has boldly brought you the news that really matters. If you appreciate our Christian journalists and their uniquely truthful reporting and analysis, please help us by becoming a WND Insider!
Content created by the WND News Center is available for re-publication without charge to any eligible news publisher that can provide a large audience. For licensing opportunities of our original content, please contact licensing@wndnewscenter.org.
The post Government's own numbers undermine Biden's boasts about deficit reduction appeared first on WND.