President Biden responded to Speaker McCarthy by pointing out that Republicans’ desire for cuts has pushed the country into a default that hurts working people.
Speaking at a union hall in Maryland, President Biden said:
You and the American people should be aware of the nation’s competing economic outlooks that are truly at stake right now. I am here with you in the fellowship hall. Just two days ago, House Speaker Kevin McCarthy took to Wall Street to outline his MAGA economic vision for America. And it’s very clear as you put it. I know what happens when I tell people that it can’t be like that when they look at me. Well, guess what he’s trying to be now.
You can count on huge benefits for those highly protected programs with significant reductions. As many of you know, all tax cuts go up. There is none underneath. For the first time in 230 years, we are at risk of defaulting on the US debt. It destroys this economy. And who do you think will be hurt the most? You, hard working people, the middle class neighborhoods I grew up in, not the super rich and powerful, but working people.
President Biden spoke before releasing McCarthy and the Republican debt ceiling bill. Biden has used everything McCarthy has done, from going on Wall Street to calling for spending cuts, to frame the conversation in terms of the needs of the rich and the needs of workers.
Kevin McCarthy’s giveaway to the rich was dead on arrival in the Senate, but Biden gave the speaker a new headache by making McCarthy look like a puppet of the rich and the far-right, not on fiscal policy. .
Jason is the managing editor. He is also a member of the White House Press Pool and Congressional Correspondent for PoliticusUSA. Jason has a bachelor’s degree in political science. His graduate work focused on public policy, with a specialization in social reform activities.
Awards and professional memberships
Member of the Association of Professional Journalists and the American Political Science Association
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