Reagan took the deficit from $70 billion to $175 billion. Bush 41 took it to $300 billion. Clinton got it to zero. Bush 43 took it from zero to $1.2 trillion. Obama halved it to $600 billion. Trump’s got it back to a trillion."
Politifact rates that Mostly True. This is dated before the Biden Administration, of course.
They directly reference the data from the feds, which shows that the direct statement isn’t completely true. It does show that democrats(Clinton in particular) were better about not increasing the deficit.
Well, yeah, it’s never really as simple as all that. Clinton, in particular, has to get most of his budgets past Newt Gingrich in the House. Newt, for all his many, many faults, might have been the last Republican to care about actually balancing the budget, as opposed to just talking about balancing it while cutting taxes.
If you’re concerned about the deficit, you should vote for the Democrat.
https://www.politifact.com/factchecks/2019/jul/29/tweets/republican-presidents-democrats-contribute-deficit/
Politifact rates that Mostly True. This is dated before the Biden Administration, of course.
They directly reference the data from the feds, which shows that the direct statement isn’t completely true. It does show that democrats(Clinton in particular) were better about not increasing the deficit.
Well, yeah, it’s never really as simple as all that. Clinton, in particular, has to get most of his budgets past Newt Gingrich in the House. Newt, for all his many, many faults, might have been the last Republican to care about actually balancing the budget, as opposed to just talking about balancing it while cutting taxes.