“Joe Biden spent the last two years pursuing and enacting massive domestic programs meant to remake the U.S. economy. But as he prepares a run for reelection, Biden is trying out a new economic persona: deficit hawk,” Politico reports.
“The president has made a fresh effort to sell his administration as a model of fiscal restraint in recent weeks, casting falling deficits as an increasingly central focus of his agenda. Biden now routinely touts a $1.7 trillion drop in the deficit on his watch as a top accomplishment. When the president releases his new proposed budget next week, he is expected to call for another $2 trillion in cuts over a decade.”
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