Biden plans to reduce deficit -- in 2030

Americans, President Joe Biden’s budget proposal suggests, should not worry that he plans to significantly increase federal deficits over the next eight years. Why? Because he intends to begin reducing them -- but not eliminating them -- nine years from now. Of course, even if the now 78-year-old Biden were to run for re-election in 2024 and win the presidency again, he would be out of office…