President Joe Biden plans to go on the offensive against Republicans, saying in effect that their policies would add $3 trillion to the national debt.
McCarthy, R-Calif., says they should agree on a path toward balancing the budget, posting on Twitter last Friday: “No more blank checks for runaway government spending.”a speech Tuesday in Washington to county government officials
“I believe we could be fiscally responsible without risking — threatening to send our country into chaos,” Biden said Tuesday of debt limit talks. The White House noted that the extension of the Trump-era tax overhaul would give a $175,000 tax cut to families with incomes over $4 million. The size of that tax cut is roughly double the median U.S. household income.
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White House: GOP plans would drive deficits up $3 trillionWASHINGTON (AP) — President Joe Biden plans to go on the offensive against Republicans, saying in effect that their policies would add $3 trillion to the national debt. “If you add up all the proposals that my Republican friends in Congress have offered so far, they would add another $3 trillion to the debt over 10 years,” Biden plans to say, according to excerpts of the speech.
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White House says GOP plans would add $3 trillion to national debtThe White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher.
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Nikki Haley to formally launch GOP campaign for White HouseCHARLESTON, S.C. (AP) — Republican Nikki Haley plans to formally announce her 2024 presidential campaign on Wednesday, betting that her boundary-breaking career as a woman and person of color who governed in the heart of the South before representing the U.S.
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