{"id":1465115,"date":"2022-05-05T12:45:46","date_gmt":"2022-05-05T16:45:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1465115"},"modified":"2022-05-05T12:46:03","modified_gmt":"2022-05-05T16:46:03","slug":"president-biden-takes-credit-for-deficit-reductions","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/president-biden-takes-credit-for-deficit-reductions\/","title":{"rendered":"President Biden takes credit for deficit reductions"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">14<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fpresident-biden-takes-credit-for-deficit-reductions%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1465115&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div id=\"attachment_2718824\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-2718824\" class=\"wp-image-2718824 size-full\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/AP22111518939914.jpg\" alt=\"President Joe Biden delivers remarks on the Russian invasion of Ukraine, in the Roosevelt Room of the White House, Thursday, April 21, 2022, in Washington. (AP Photo\/Evan Vucci)\" width=\"1024\" height=\"683\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/AP22111518939914.jpg 1024w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/AP22111518939914-315x210-1.jpg 315w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/AP22111518939914-655x437-1.jpg 655w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2022\/05\/AP22111518939914-768x512-1.jpg 768w\" \/><\/p>\n<p id=\"caption-attachment-2718824\" class=\"wp-caption-text\">President Joe Biden delivers remarks on the Russian invasion of Ukraine, in the Roosevelt Room of the White House, Thursday, April 21, 2022, in Washington. (AP Photo\/Evan Vucci)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 6:44 AM PT \u2013 Thursday, May 5, 2022<\/h5>\n<p>President Biden appeared to take credit for deficits decreasing after Democrats and establishment Republicans spend record amounts of money putting the deficit at its highest point. While speaking at the White House Wednesday, he criticized former President Donald Trump about the increase of deficits before and after the pandemic.<\/p>\n<p>Biden\u2019s claims come despite the fact he unsuccessfully pushed lawmakers to pass the Build Back Better Act, which would have led to trillions in new federal spending. He also blamed Trump for current inflation levels, suggesting a lower deficit would have tamp down on inflation.<\/p>\n<blockquote>\n<p><strong>\u201cThe bottom line is the deficit went up every year under my predecessor before the pandemic and during the pandemic,\u201d stated Biden. \u201cIt has gone down both years since I\u2019ve been here.\u201d<\/strong><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Tune in as I deliver remarks on the United States economic growth, jobs, and deficit reduction.  <a href=\"https:\/\/t.co\/SLK63p9Jm9\">https:\/\/t.co\/SLK63p9Jm9<\/a><\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1521867844736233478?ref_src=twsrc%5Etfw\">May 4, 2022<\/a><\/p>\n<\/blockquote>\n<p>While technically true, the deficit has fallen following the record spending during the 2020 COVID relief packages then shattering even that record in 2021 with the Democrat COVID package. On part of the Trump tax cuts in 2017, revenues reportedly reached a record high, lessening the burden on the government funding.<\/p>\n<h5>MORE NEWS:\u00a0<a href=\"https:\/\/www.oann.com\/sen-schumer-battle-cry-democrats-may-pack-supreme-court-if-majority-is-kept\/\">Sen. Schumer Battle Cry: Democrats May Pack Supreme Court If Majority Is Kept<\/a><\/h5>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden delivers remarks on the Russian invasion of Ukraine, in the Roosevelt Room of the White House, Thursday, April 21, 2022, in Washington. (AP Photo\/Evan Vucci) OAN NewsroomUPDATED 6:44 AM PT \u2013 Thursday, May 5, 2022 President Biden appeared to take credit for deficits decreasing after Democrats and establishment Republicans spend record amounts &hellip;<\/p>\n","protected":false},"author":740,"featured_media":2315279,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1465115","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1465115","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/740"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1465115"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1465115\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1465115"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1465115"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1465115"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}