Media reports on President Biden’s proposed budget have often credulously framed the plan as significantly reducing the deficit. But as welcome as it would be to see our elected officials finally taking the ever-expanding national debt seriously, Biden’s budget is a far cry from fiscal responsibility. Claims of “deficit reduction” in President Biden’s budget are little more than clever wordsmithing: in large part due to President Biden’s policies, there’s more deficit to reduce than ever before.
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