Biden touts falling deficits while Congress prepares more spending

Published June 23, 2022 12:00am ET



For all of President Joe Biden’s boasting about the deficit reduction that has occurred on his watch, his administration and its allies in Congress are pushing dramatic increases in government spending, even as inflation continues to climb.

“We’re on track to cut the federal deficit by another — another — $1.5 trillion by the end of this fiscal year, the biggest decline in a single year ever in American history,” Biden bragged from the White House last month.

Already a print subscriber? Click here to login/register your account

Trusted reporting.Unlimited access.

Subscribe for full access to Washington Examiner coverage, expert political analysis, and subscriber-only journalism.

Get Unlimited Access

Already a member? Log in

Cancel anytime.