Biden's $8T budget makes claims of deficit-cutting laughable, economist says: 'An assault on US business'

A top economist called President Biden's budget proposal an "assault on American business" and characterized the state of America under the current administration as reminiscent of the dystopian novel "1984."

Steve Moore, who served as chief economist during tax hawk and ex-House Majority Leader Dick Armey's, R-Texas tenure as chairman of the Joint Economic Committee, told "Life, Liberty & Levin" in his 40 years of analyzing budgets he has never seen a president decline to move toward the political center in his proposal in an election year.

"Normally what happens is Democrats, when they get to the election year, they move to the middle and they pretend like they're conservatives," Moore said.

"I've got to give Joe Biden credit. He's not moving to the middle. I mean, this isn't ‘the era of big government is over’ -- This is like the ‘era of big government is here to stay’ like we've never seen before."

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Amid his 1996 reelection bid against then-Sen. Bob Dole, R-Kan., President Bill Clinton made the declaration during that year's State of the Union, and later worked with Republican then-House Speaker Newt Gingrich to balance the federal budget for the first time in a century.

Moore noted how host Mark Levin previously claimed Biden has misdirected about deficit reduction numbers, saying the ten-year debt forecast in his estimation is close to $10 trillion.

"How is that reducing the deficit?" Moore asked, adding the incumbent is doing the exact wrong thing to rein in spending if he wants to make such claims about fiscal responsibility.

"I'm an old-fashioned Reagan supply-sider. You want to get tax rates low to bring jobs and businesses back, Reagan did it