Under My Predecessor, the Deficit Increased Every Single Year.
This Year, We're on ... - Latest Tweet by President Biden
The latest Tweet by President Biden states, 'Under my predecessor, the deficit increased every single year. This year, we’re on track to cut the deficit by $1.5 trillion – the biggest one-year decline ever. It matters to families, because reducing the deficit is one of the main ways we can ease inflationary pressures.'