President Joe Biden has repeatedly tried to flip the script about the GOP claiming to be the party of fiscal responsibility, saying Republican proposals would add $3 trillion to the nation’s debt in 10 years. But Biden doesn’t mention their proposed budget cuts.
In recent speeches, President Joe Biden has been misleadingly taking credit for cutting federal deficits by historic amounts, though most of the reduction in deficits is the result of expiring emergency pandemic spending. Deficits fell between fiscal year 2020 and 2021 far less than initially projected after Biden added to them with more emergency pandemic and infrastructure spending.
Democratic presidential nominee Joe Biden has twice botched a talking point on an already dubious claim that his proposal for a minimum corporate tax would pay for his free-tuition plan.
After President Trump said, “I don’t know anything about” the disbanding of a White House pandemic response office, the Democrats claimed that he “lied” and pointed to Trump’s earlier remarks about “some of the people we cut” as evidence. But those remarks were in response to a question about proposed budget cuts — not the anti-pandemic team in question.
In what has become an annual Washington exercise, Democrats and Republicans are waging a war of words over the president’s proposed budget and how it would affect programs for seniors. President Donald Trump tweeted that he “will not be touching your Social Security or Medicare” in the budget, while Democrats have charged it does exactly that.
In a televised town hall, newly announced presidential candidate Sen. Bernie Sanders repeated several misleading claims that we have written about in the past.
Under President Trump’s proposed budget for fiscal year 2018, there would have been hundreds of billions of dollars in deficits each year from 2018 to 2027, according to the nonpartisan Congressional Budget Office. That contradicts White House Chief of Staff Mick Mulvaney’s claim that the U.S. “would actually be on a glide path to balancing the budget” under the plan.
The RNC attacks a “Pelosi plan” as “immoral” because it “would spend $54 billion taxpayer dollars on foreign countries” but not address “the border crisis.” Yet that’s the same amount that Republican-controlled appropriations committees approved in June for the State Department’s operations, which includes foreign aid.
President Donald Trump often likes to boast about his ability to negotiate better deals for the government. This week, the boast was the cost of a new embassy in Jerusalem, and it was a doozy.
President Donald Trump claimed that his administration is “spending a lot of money on the inner cities.” But there has been little change in spending so far, and his first budget proposes to cut or eliminate funding for some programs that benefit cities.