At his first meeting with the new Congress’ Democratic leaders on Tuesday, President Joe Biden proclaimed that he has “no intention of letting the Republicans wreck our economy.”
Although he expressed support for the 30 percent sales tax included in House Republicans’ Fair Tax Act, Biden was keen to emphasize that other provisions of the bill.
“I love their 30 percent sales tax,” Biden said, according to The Hill. “We want to talk a lot about that but look, I have no intention of letting the Republicans wreck our economy, nor does anybody around this table in my view.”
“I have no intention of letting the Republicans wreck our economy” pic.twitter.com/TUkubJOzwb
— TheBlaze (@theblaze) January 24, 2023
This week, Axios reported that President Joe Biden is set to call out Republicans over their proposal to abolish the Internal Revenue Service (IRS) as part of their plan to implement a national sales tax. The president will deliver his remarks during a speech before union workers in Virginia on Thursday.
The meeting involved a group of Democrats including Vice President Kamala Harris, Senate Majority Leader Chuck Schumer and Minority Leader Hakeem Jeffries, White House Chief of Staff Ron Klain, Senate Democratic Whip Dick Durbin, Debbie Stabenow from Michigan, House Democratic Whip Katherine Clark, and California Representative Pete Aguilar.
Biden underscored that certain GOP members are “apparently genuinely serious about cutting Social Security, cutting Medicare,” which he said is “unacceptable.”
He also said that due to the laws recently passed under his administration, “Americans are starting to feel the effects” – citing a particularly successful measure where Medicare users’ monthly insulin costs dropped drastically from around four hundred dollars to just thirty-five dollars.