On a 12-month rolling average, federal deficit spending is just shy of $2 trillion. How can Biden claim with a straight face that he has reduced the deficit? Just stop, Joe. The McCarthy plan would take spending back to the FY 2022 spending levels for FY 2024 and the White House is claiming economic Armageddon. We are with Senator Rand Paul: let’s balance the budget immediately by going back to the pre-Covid 2019 spending baseline.