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difference and i think that the democrats euphoria won t be long lived. bret: deficit is coming up now. president biden is talking about the deficit and who gets the credit for knocking it down. take a listen. the bottom line is the deficit went up every year under my predecessor before the pandemic and during the pandemic. and it s gone down both years since i have been here. period. they are the facts. and why is it important? because bringing down the deficit is one way to ease inflationary pressures. bret: responsible federal budget says no, president biden has not implemented historic deficit reduction. the main source of falling deficits is the expiration of most covid relief such as enhanced unemployment benefits and recovery rebates. decrease strong income growth and high inflation. the bipartisan infrastructure law and various executive orders we estimate at least

Bret baierJoe bidenEuphoria won tBottom lineDeficit reductionInfrastructure lawUnemployment benefitsRecovery rebatesExecutive orders