Biden accuses critics of being “tax insane.”
President Joe Biden said on Monday that those attacking Democrats over spending are “fiscally insane” and claim he has reduced federal deficits.
Republicans pushed back in response to the president’s comments.
Rep. Byron Donalds of Florida said that the President sounded “absolutely ridiculous”.
“If the desire for fiscal balance is ‘fiscally insane,’ I’m not sure what you would call the economic devastation under President Biden’s leadership,” said Senator Marsha Blackburn of Tennessee Fox News Digital.
“The majority of the new Republican House of Representatives is dedicated to improving the lives of the American people by lowering taxes, balancing the budget and working to get our country debt-free. Texas Rep. Ronny Jackson said, according to the outlet.
“President Biden’s reckless tax and spending policies have fueled generational high inflation and crushed Americans who are simply trying to make ends meet,” said Senator Katie Britt of Alabama, the outlet reported.
Americans are suffering the devastating financial consequences of high inflation, and while rising inflation has eased in recent months, the latest CPI report still shows the problem persists.
“Over the past 12 months, the headline index before seasonal adjustment increased 6.5 percent,” according to the US Bureau of Labor Statistics reported. “The composite index rose 6.5 percent in the 12 months to December; this was the smallest 12-month increase since the period ended October 2021.”
Lawmakers, including some Republicans, last month voted to pass a massive omnibus package that raised about $1.7 trillion.
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https://www.theblaze.com/news/president-joe-biden-fiscally-demented Biden accuses critics of being “tax insane.”