Joe Biden Rails Against Kevin McCarthy’s Proposed Budget Plan
Wendell Husebø18 Apr 20234
2:41
President Joe Biden railed against House Speaker Kevin McCarthy’s preliminary budget plan at the White House on Tuesday.
While speaking about what the White House has termed the “care economy,” Biden attacked McCarthy and House Republicans’ preliminary budget plan to lift the debt ceiling until May 2024, create ten-year spending caps, claw back unspent coronavirus aid money, and enact a sweeping energy bill, the Lower Energy Costs Act, work requirement, along with the REINS Act.
McCarthy will likely try to pass the plan before April 28 to increase the Republicans’ negotiating ability with Biden, who has refused to negotiate with the House.
“He threatened to become the first speaker to default on our national debt … which would throw us into a gigantic recession and beyond unless he gets what he wants in the budget,” Biden claimed.
“Folks, you got to ask yourself, what are MAGA Republicans in Congress doing?” Biden questioned the proposal. “Why are they doing this? What is the purpose.”
Using class warfare rhetoric, Biden alleged the MAGA budget plan would only help the wealthy while hurting the those on entitlements.
Biden did not mention the administration’s policies that fueled inflation and caused, in part, a bank crisis. In turn, interest rates have increased to tamp down inflation, as Americans have become increasingly concerned about the economy.
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https://www.breitbart.com/politics/2023/04/18/joe-biden-rails-against-kevin-mccarthys-proposed-budget-plan/