Birdwatch Note Rating
2023-03-19 18:37:38 UTC - HELPFUL
Rated by Participant: F9951DE9D904CE3DA5A064650384577F042C6C01B1F8B77F6ACBDC4F993220E2
Participant Details
Original Note:
Even if Biden’s proposed tax changes are all accepted, the budget still isn't fully funded due to high spending. His 2024 budget has a deficit of $1.8 trillion, the largest non-COVID year in history. Over 10 years it adds $17 trillion to the national debt. https://itep.org/revenue-raising-proposals-president-biden-fiscal-year-2024-budget-plan/ https://www.whitehouse.gov/wp-content/uploads/2023/03/budget_fy2024.pdf, page 135.
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