Speaking at the National Action Network’s Martin Luther King Jr. Day breakfast, Biden referred to Republicans as 'fiscally demented' and pledged to veto their tax legislation, which is all but certain to fail in the Democratic-controlled Senate.
, a frequent target of Republican criticism. That legislation was approved by the House on a 221-210 party-line vote.
President Joe Biden speaks at the National Action Network's Martin Luther King, Jr., Day breakfast, in Washington, DC., on Monday.Biden said he “was disappointed” Smith’s legislation was the first bill the new GOP majority voted on, saying it “would help the wealthy people and big corporations cheat on their taxes at the expense of ordinary middle-class taxpayers.”
“All these new IRS agents we have is because they fired a lot of them, a lot are retiring and guess what? Who needs serious agents to know what they’re doing or not doing? The billionaires, the multi-multimillionaires,” he said,Congressional Budget Office projected the bill would add $114 billion to the deficit. “This is their first bill. They campaigned on inflation. They didn’t say if elected their plan was to make inflation worse.
The other tax bill in Biden’s crosshairs was introduced last week by Rep. Buddy Carter, R-Ga., and would abolish the IRS, eliminate income taxes and institute a federal consumption tax. The bill is also likely to fail in the Senate. “What in God’s name is that all about, other than what is obvious?” Biden said. “They want working-class folks to be paying another 10, 20% of their taxes depending on where they live and how they spend their money. And they’re going to reduce taxes for the super wealthy.”
France Dernières Nouvelles, France Actualités
Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.
Republicans want Biden home visitor logs - but not Trump'sThe Republican chairman of the House Oversight Committee on Sunday demanded visitor logs for President Joe Biden's house in Wilmington, Delaware, after classified documents were found in his office and garage.
Lire la suite »
House Republicans seek visitor logs from Biden's Delaware home following discovery of classified documentsThe House Oversight Committee requested visitor logs from President Biden's home in Wilmington, Delaware, following the discovery of classified materials there.
Lire la suite »
Biden calls Republicans 'fiscally demented' ahead of debt ceiling fightOn Martin Luther King, Jr. Day, President Joe Biden is seeking to amplify how he has helped black communities across the country.
Lire la suite »
WH counsel's office: There are no visitor logs at Biden’s Wilmington homeThe White House counsel's office said that Biden’s home in Wilmington, Delaware, does not have visitor logs, according to a statement first reported by Fox News.
Lire la suite »
5 things to know for January 16: MLK Day, Storms, Nepal plane crash, Biden, Ukraine | CNNHere are 5️⃣ things to know for January 16. 1️⃣ MLK Day 2️⃣ California storms 3️⃣ Nepal plane crash 4️⃣ Classified documents 5️⃣ Russian missile strike in Dnipro
Lire la suite »