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Bookmark or Share- The deficit has fallen under Joe Biden. It’s still ... - PolitiFactThe $1.4 trillion decline in the deficit from 2021 to 2022 was larger than any previous one-year reduction in the deficit. How much credit does Biden deserve for reducing the deficit?
- Options for Reducing the Deficit: 2021 to 2030CBO periodically issues a compendium of policy options and their effects on the federal budget. This document provides estimates of the budgetary savings from 83 options that would decrease federal spending or increase federal revenues.
- Biden budget aims to cut deficits nearly $3T over 10 yearsBiden’s upcoming budget proposal aims to trim deficits by nearly $3 trillion over the next decade. That’s according to an administration official who insisted on anonymity to discuss the figures being released Thursday.
- Deficit Tracker - Bipartisan Policy CenterThe August 2023 deficit was significantly impacted by two factors: timing shifts and the Congressional Budget Office booking a one-time, $330 billion reduction in spending in August 2023, reflecting the Supreme Court’s decision striking down the Biden administration’s student debt cancellation plan.
- FACT SHEET: The President’s Budget Cuts the Deficit by $3 Trillion Over ...The deficit reduction in the Budget increases over time, with over $500 billion of deficit reduction in 2034. The Budget also reduces the deficit, as a share of the economy, from current levels.
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