in new debt is the floor given growth in entitlement spending as well as new spending priorities set by Congress this year. Those priorities include the health and environmental policy bill known as the Inflation Reduction Act and assisting Ukraine in its war with Russia.
"You know, Republicans talk about being fiscally responsible," Biden said in September."Last year, I reduced the deficit $350 billion. You know how much this year, not counting the Medicaid changes? One trillion seven hundred billion dollars. So I don’t want to hear it from Republicans about fiscal responsibility."
WASHINGTON, DC: President Joe Biden gives Sen. Joe Manchin the pen he used to sign The Inflation Reduction Act with Senate Majority Leader Charles Schumer in the State Dining Room of the White House. "This is what happens when Congressional Democrats engage in unchecked partisan spending— and hardworking Americans are paying the price," added Rep. James Baird, R-Ind."The American people deserve better."
But didn't Brandon say the reduced it a Trillion?
Just like his campaign promise to stop hurricanes
Hey, thanks Joe Biden, another economic disaster in your books.
And the interest is 1 TRILLION a year!! We will NEVER get out of debt!!
Scattermae777M Thanks Joe!
Thanks Biden and Democrats! I will remember this come November along with high energy prices, food prices, Afghanistan, your open border policy, and the rest of your failures.
Send the bill to Biden and his corrupt family
Do I hear 32?
Unsafe at any speed core Vermont AANDREWS AIR FORCE BASE THE TRILL OGY
Thanks Republicans and democrats
You think that’s bad. Wait until you see how high debt derivatives (AUM) have gone since the Fed promised they would really monitor “that” after 2008. Instead, they just let the lobbyists change the name:
Something tells me they ain't paying us back.
BidensWins pathetic
great job dont let the door hit you in the arse on your way out
Let's go Brandon!
Now, when your unable to make money on your own... And have promised a lot of people...
Happening under the Biden administration
LynnMar87974140 Has Biden killed America?
FJB
In % of GDP it's still acceptable. Look at Japan.
Biden the clown 🤡
Yellen is to the economy as Fauci is to virus.
Biden has spent $4.8 trillion and printed $6 Trillion in just 20 months!
Yippee 🙌
CestAlain
There is no debt that is a hypothetical number that hypothetical has it meant anything since my great-great-grandmother's day to My grandfather's Day till my day the government doesn't have a debt because it is fictional money that was made by man for the purpose of control
More evidence that Dem’s are feverishly digging a deeper and deeper and deeper financial hole. Our kids are screwed but too brainwashed by the great propaganda machine ( aka the school system ) to know what it all means..
Bidenomics are a total failure
Much of this created by Trump.
America's credi score dips under 600 for the first time.
If he’d stop sending BILLIONS to Ukraine then we wouldn’t have hit it so fast. BidenIsDestroyingAmerica
Welcome to capitalism in its final stage!
We’re screwed.
finra is doing it's part! Right UBS ? fraud