In Dec 2022, Biden, also, lied to the American poeole that he supposedly cut national debt by $1.7T, ×hike actualky he was increasing it $3.7T.<ref>
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[[File:Bidenomics 2023 4th Q.jpeg|right|300px|thumb|The national debt grew nearly 5 times faster than the economy in the 4th quarter of 2023 under Bidenomics.]]
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In Dec 2022, Biden, also, lied to the American people that he supposedly cut national debt by $1.7T, ×hike actually he was increasing it $3.7T.<ref>
Steve Nelson, [Biden falsely says he cut national debt by $1.7T — after increasing it $3.7T], ''NYPost'', Dec 13, 2022.</ref>
Steve Nelson, [Biden falsely says he cut national debt by $1.7T — after increasing it $3.7T], ''NYPost'', Dec 13, 2022.</ref>
<blockquote>Biden wrongly claimed Tuesday that he lowered the national debt by $1.7 trillion — when in fact the debt grew by nearly $3.7 trillion during his first 23 months in office. Biden made the error while using the terms “deficit” and “debt” interchangeably during remarks touting the slight decline in the annual inflation rate to 7.1% in November. “We’ve done all of this while lowering the federal deficit in the two years we’ve been in office $1.7 trillion,” Biden said before incorrectly adding, “Let me say that again — $1.7 trillion we’ve lowered the federal debt.”</blockquote>
<blockquote>Biden wrongly claimed Tuesday that he lowered the national debt by $1.7 trillion — when in fact the debt grew by nearly $3.7 trillion during his first 23 months in office. Biden made the error while using the terms “deficit” and “debt” interchangeably during remarks touting the slight decline in the annual inflation rate to 7.1% in November. “We’ve done all of this while lowering the federal deficit in the two years we’ve been in office $1.7 trillion,” Biden said before incorrectly adding, “Let me say that again — $1.7 trillion we’ve lowered the federal debt.”</blockquote>