Biden says deficit drop 'proof that we're rebuilding' US economy

Economy

Published: 2022-10-21 20:10

Last Updated: 2024-03-28 22:47


Biden says deficit drop 'proof that we're rebuilding' US economy
Biden says deficit drop 'proof that we're rebuilding' US economy

US President Joe Biden on Friday hailed a big drop in the federal deficit as evidence of a resurgent economy as he touted his record ahead of November's crucial US midterm elections.

Hailing the "largest ever decline in the federal deficit," Biden called the development "further proof that we're rebuilding the economy," in a televised address from the White House.