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Biden attacks Republicans on economic plans

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 Until midterm Election Day with less than two weeks, President Joe Biden is doubling down on the message that a Republican-run Congress would be worse for the U.S. economy.

Biden said as he delivered remarks on Thursday at Onondaga Community College in Syracuse, New York “If I had asked you and we were just walking down the streets can you tell me what the Republican platform is? What are they for? I’m not joking. I’m being deadly earnest”.

“What they’re against they tell you they’ll make sure of that but well what they’re for they can’t tell you”. Biden continued “In public life I’ve been around a long time”, to always have platforms Republicans used”. 

Across the finish line this midterm cycle Biden was asked by a reporter how he planned to help Democrats, arriving in Syracuse.

“I think they’re going to come across the finish line”, Biden replied.

Into Election Day the economy is top of mind for voters heading, and to handle the issue more than they do Democrats polls show Americans trust Republicans. In their midterms messaging GOP candidates have seized on inflation, on Democratic policies blaming higher costs.

On Wednesday what it is calling “congressional Republicans’ outlining a five-party plan for American families, in an aggressive push to counter that message, the White House to increase inflation and costs, sent out a document to reporters and held a conference call”. 

The five parts of congressional Republicans’ economic plan according to the White House include “$3 trillion in tax cuts skewed to the wealthy which would add to the deficit and make inflation worse;” “for millions of seniors raising prescription drug costs;” “increasing health insurance premiums;” “in 2023 and beyond increasing energy bills;” and “increasing student loan payments”. As a “bonus” the White House said that to cut Social Security or Medicare” Republicans are also “threatening the global economy. 

When it came to the economy and infrastructure, Biden in his remarks criticized his predecessor, Donald Trump, saying the previous president “made a string of broken promises”.

“Compared to what the very conservative Republicans are offering these days we’ve kept our commitments and it’s working”, Biden said.

On Thursday by new government data Biden was bolstered showing the U.S. economy expanded in July, August and September. When the economy shrank 2.2% in contrast to the first six months of the year, Gross domestic product grew 2.6%. 

“Real incomes are going up and the price of gas is down, the price inflation is down, so economic growth is up”, Biden said. The administration’s crackdown on junk fees and other policies, he also touted the deficit reduction, his student loan forgiveness plan.

In semiconductor production over the next 20 years Biden touted Micron’s pledge to invest $100 billion, calling it “one of the most significant investments in American history”, during the Syracuse visit.  

After Congress passed the CHIPS Act the Micron pledge came, which allocated more than $50 billion to encourage more domestic production of the chips.

Senate Majority Leader Chuck Schumer; Sen. Kirsten Gillibrand; Congressman John Katko and Micron’s CEO Sanjay Mehrotra, appearing with the president were New York Gov. Kathy Hochul, up for re-election this November against Republican Lee Zeldin.

Biden said of Schumer “We wouldn’t be here without him”. For voting yes on the legislation highlighting the bipartisan support for the CHIPS Act, Biden also thanked Rep. John Katko, R-N.Y.

This week between John Fetterman and Mehmet Oz, while they met at the Syracuse airport on Thursday, Schumer and Biden were heard discussing some midterm races, including the Pennsylvania Senate debate.

Biden said “Let me close with this”. “I grew up with a rough few years for a lot of the people, hard-working Americans. Things are still tough, for a lot of families. Where America’s reasserting itself, but there’s some bright spots out there”. 

Source:- https://usstudieson.com/biden-attacks-republicans-on-economic-plans/

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