Biden showcases deficit progress in bid to counter critics
By JOSH BOAK and FATIMA HUSSEIN, JOSH BOAK and FATIMA HUSSEIN, Associated Press
Published: May 4, 2022, 9:55am
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President Joe Biden speaks in the South Court Auditorium on the White House campus, Monday, May 2, 2022, in Washington. Biden plans to highlight deficit reduction in Wednesday remarks at the White House. He intends to note that the government will pay down the national debt this quarter for the first time in six years (AP Photo/Evan Vucci)
WASHINGTON (AP) — President Joe Biden on Wednesday highlighted new figures showing the government’s red ink will grow less than expected this year and the national debt will shrink this quarter as he tried to counter criticism of his economic leadership amid growing dismay over inflation going into midterm elections that will decide control of Congress.
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