Biden assails GOP agenda, he says would add $4 trillion to debt

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Biden assails GOP agenda, he says would add $4 trillion to debt
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Mr Biden said Republicans had voted to raise the debt ceiling under former president Donald Trump. Read more at straitstimes.com.

WASHINGTON - US President Joe Biden assailed House Republicans over their legislative agenda, which he said would add US$3 trillion to the national debt over a decade, while benefitting the wealthy and large corporations.

Mr Biden spoke shortly after a non-partisan Congressional Budget Office report warned that the federal government would be at risk of a payment default as soon as July if lawmakers fail to raise the debt limit, raising the urgency for Republicans and the White House to reach a deal. The high-stakes fight is taking place as Mr Biden prepares to launch his expected run for re-election in 2024. He has signalled he plans to use Republicans’ economic plans against them as part of his campaign message.

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