President Joe Biden continued his 2024 soft rollout Wednesday in Maryland, where he touted his economic successes and accused Republicans of undermining the post-pandemic recovery.
Biden, who has yet to announce a reelection campaign, gave a speech Wednesday before the International Brotherhood of Electrical Workers Local Union 64. The remarks followed similar comments made in Wisconsin and Virginia over the past two weeks.The president specifically attacked Republicans for threatening to repeal the Inflation Reduction Act, sunset a number of entitlement programs, and not agree to raise the debt limit.
"When I introduce my budget in a few weeks from now," he continued,"you’ll see that people making less than $400,000 a year will not see a penny increase in taxes. Not a penny, and you’ll see that my budget will invest in America, lower costs, and protect and strengthen Social Security and Medicare while cutting the deficit by $2 trillion over 10 years."
White House officials said Wednesday morning that the Republican plan amounts to"a massive giveaway to the super-rich, big corporations, and Big Pharma." Those comparisons came to a head during Biden's recent State of the Union address, where he accused GOP lawmakers of seeking to cut Social Security and Medicare funding in exchange for addressing the debt limit.
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