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This morning CNN’s fact-checker actually called out Joe Biden for lying about reducing the deficit, explaining that experts he spoke to were scoffing at Biden’s claim to have reduced it at all, calling it a ‘bizarro world reversal of reality’:
In short, CNN reporter Daniel Dale revealed that the budget deficit was already expected to fall because of the expiration of pandemic spending. So in reality, Biden had nothing to do with it.
But here’s the most important fact. The nonpartisan Congressional Budget Office had said the deficit was supposed to fall by nearly $900 billion when Biden took office. But because of Biden’s policies, the budget only fell by $360 billion.
So in effect, Biden’s policies actually raised the budget deficit from where it was supposed to be to where it is now.
I can’t believe I’m saying this, but watch the CNN clip for more…