Biden’s Parting Gift To America: Another $2 Trillion Deficit

The Congressional Budget Office just reported its last monthly report on the Biden fiscal record. Can you say calamity?

For the first three months of fiscal year 2025 that began on October 1st, the government borrowed $710 billion – almost $200 billion more than the same time last year. Revenues are down 2% and spending was up a gigantic 11%.

In short: the red ink is piling up higher not lower. This is supposed to be a recovery.

If you want a good laugh: remember when Biden claimed he “reduced the deficit more than any other president!”

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