I see it, but it pales compared to the singular spike under Trump. And here’s the kicker: It basically QUADRUPLED during Trump’s four years, and then DROPPED in Biden’s first year.
Didn’t you say you were upset that Biden did nothing to reduce it?
Are you trying to glass over that by complaining it never happened?
Isn’t a deficit reduction under Biden a GOOD thing?
These are deficit numbers in billions.
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The federal budget deficit rises when government spending is high, such as during wars or recessions. Budget deficits cause the national debt to grow.
www.thebalance.com