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President Biden discusses economy at IBEW union in Maryland

February 16th, 2023 by WCBC Radio

President Joe Biden this week  said Republican policies would blow up the national debt by $3 trillion over 10 years, taking direct aim at GOP lawmakers who say their priority is a balancing the federal budget.  Biden told union workers gathered in Lanham, Maryland his budget, which is set to be released March 9, would protect Social Security and Medicare from cuts, while reducing the national debt by $2 trillion over a decade. One key driver of Biden’s planned deficit reduction appears to be his willingness to increase taxes on the wealthiest U.S. households.