“There are instruments so dangerous to the rights of the nation and which place them so totally at the mercy of their governors that those governors, whether legislative or executive, should be restrained from keeping such instruments on foot but in well-defined cases. Such an instrument is a standing army.”

- Thomas Jefferson, 1789

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President Joe Biden took aim and the nation's debt and deficit in his State of the Union address on Thursday, but several of his financial claims were false, according to some budget experts, including his claim that he cut the deficit by $1 trill