The Biden administration has claimed progress reducing the annual budget deficit, but total U.S. debt continues to climb to record highs.
Senate Homeland Security Committee discusses how Republicans plan to stop Biden's spending agenda ahead of midterm elections on 'Mornings with Maria.'
BIDEN'S REQUEST FOR $22B IN COVID-19 RELIEF STICKING POINT FOR REPUBLICANS IN GOVERNMENT FUNDING BILL But budget experts warn that Biden’s boast is a hollow one, and that he is simply presiding over a winding-down of emergency spending that is resulting in relatively smaller deficits. David Ditch, a federal budget policy analyst at the Heritage Foundation, said it’s a mistake to confuse this wind-down with fiscal responsibility.
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