“Over the past 3½ years, the Biden-Harris administration has overseen a strong economic recovery, amassed one of the most successful legislative records in generations, grown the economy from the middle out and bottom up, lowered the deficit and delivered important progress to lower costs for the American people on behalf of the American people,” said Shalanda Young, the White House budget director.
Joe Biden ends fiscal year with $1.8 trillion deficit; gross interest payments top $1 trillion
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