‘I’m gonna stop ’em’: Biden savages GOP economic plans in campaign-like speech
Christian Datoc
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President Joe Biden continued his 2024 soft rollout Wednesday in Maryland, where he touted his economic successes and accused Republicans of undermining the post-pandemic recovery.
Biden, who has yet to announce a reelection campaign, gave a speech Wednesday before the International Brotherhood of Electrical Workers Local Union 64. The remarks followed similar comments made in Wisconsin and Virginia over the past two weeks.
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The president specifically attacked Republicans for threatening to repeal the Inflation Reduction Act, sunset a number of entitlement programs, and not agree to raise the debt limit.
“Let’s be crystal clear about what’s happening. If you add up all the proposals that my Republican friends in Congress have offered just so far, they would add another $3 trillion to the debt over 10 years,” Biden claimed.
“When I introduce my budget in a few weeks from now,” he continued, “you’ll see that people making less than $400,000 a year will not see a penny increase in taxes. Not a penny, and you’ll see that my budget will invest in America, lower costs, and protect and strengthen Social Security and Medicare while cutting the deficit by $2 trillion over 10 years.”
“If Republicans try to take away people’s healthcare, increase costs for middle-class families, or push Americans into poverty, I’m gonna stop ’em,” he concluded.
White House officials said Wednesday morning that the Republican plan amounts to “a massive giveaway to the super-rich, big corporations, and Big Pharma.”
Biden has frequently contrasted his economic plan with alleged proposals from Republican lawmakers and candidates, a strategy Democrats believe at least partially carried the party to a better-than-expected performance in the 2022 midterm elections.
Those comparisons came to a head during Biden’s recent State of the Union address, where he accused GOP lawmakers of seeking to cut Social Security and Medicare funding in exchange for addressing the debt limit.
Still, both Biden and House Speaker Kevin McCarthy (R-CA) appear to have slightly cooled public tension on the debt ceiling following a recent meeting at the White House.
“I met with the speaker of the House, who’s a decent guy. He’s got a tough job. He made it real clear to me what he wants to do. He says he’s not going to raise any taxes at all on anybody. He just wants to cut programs,” Biden said of McCarthy on Tuesday. “I suggested, instead of making threats about the debt ceiling, we would — which would be catastrophic — let’s just lay out our budgets. I’ll lay out mine on March the 9th — exactly what I want to spend, who gets taxed, who doesn’t get taxed, who gets — what programs get cut, what programs get added. And he should do the same. We can sit down and go — I mean this sincerely — go over it. See what they want to cut and see what we want to cut.”
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You can watch Biden’s speech in full below.
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