Biden budget would lead to 'record' national debt, watchdog warns
Fox News
The Committee for a Responsible Federal Budget released an analysis of President Joe Biden's budget proposal for the 2024 fiscal year, claiming it does not do enough to reduce spending.
According to their analysis, despite some attempts at deficit reduction, nominal debt would nearly double, growing from $24.6 trillion to $43.6 trillion over the next decade.
"Debt under the President’s budget would grow to a new record as a share of the economy over the next decade," the CRFB wrote in an analysis.
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