"Unlike House Republicans, President Biden takes reducing the deficit seriously — and he will continue calling out Republicans for their hypocrisy on the debt," White House spokesman Michael Kikukawa said in a statement. The statement also emphasized that Biden's budget proposals would reduce the deficit by trillions of dollars through higher taxes on the rich and corporations.
Still, Republicans are likely to also continue insisting that they are more responsible fiscal stewards. But GOP leaders are pushing to extend roughly $3.3 trillion in tax cuts, including breaks for large businesses and a reduction in the estate tax paid only by a small minority of wealthy families...
No comments:
Post a Comment