Biden did not mention that the primary reason the deficit fell so substantially was that it had skyrocketed to a record high under then-President Donald Trump in 2020 because of bipartisan emergency pandemic relief spending, then fell as expected when the spending expired as planned. It is true that the federal deficit fell by $1.7 trillion under Biden in the 20 fiscal years, including a record $1.4 trillion drop in 2022 – but it is highly questionable how much credit Biden deserves for this reduction. In the last two years, my administration has cut the deficit by more than $1.7 trillion – the largest deficit reduction in American history.įacts First: Biden’s boast leaves out important context. Sarah Huckabee Sanders:īiden claimed his administration cut the federal deficit by “more than $1.7 trillion.” Here is a fact check of some of the claims from Biden and the Republican response by Arkansas Gov. President Joe Biden delivered his second State of the Union address on Tuesday.
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