evidence: So here's what the deal does. First, it cuts spending. And over the next 10 years, the deficit will be cut by more than $1 trillion. And that will be on top of the record 1.7 trillion—$1.7 trillion—I already cut the deficit in my first 2 years in office. And it's clear: We're all on a much more fiscally responsible course than the one I inherited when I took office 4 years ago. When I came to office, the deficit had increased every year the previous 4 years. And nearly $8 trillion was added to the national debt in the last administration. [...] Joseph R. Biden, Jr., Address to the Nation on the Passage of Public Debt Limit and Federal Budget Legislation Online by Gerhard Peters and John T. Woolley, The American Presidency Project https://www.presidency.ucsb.edu/node/361895