Biden heaped blame on former President Donald Trump for raising U.S. spending levels and pushing 'fiscal responsibility' to the wayside as Biden touted his own budget proposal.
President Joe Biden heaped blame on former President Donald Trump for raising U.S. spending levels and pushing"fiscal responsibility" to the wayside as Biden touted his own budget proposal.
Biden proceeded to outline how, in his first year in office, the U.S. deficit shrank by more than $350 billion, which the president attributed largely to emergency pandemic aid expiring. The White House estimates that should Congress fulfill the president's budget request in full, the deficit will be cut by an additional $1.3 trillion in 2023, the highest such reduction in one year in U.S. history.
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