https://sputnikglobe.com/20230309/us-house-speaker-mccarthy-says-bidens-budget-proposal-completely-unserious-1108231249.html
US House Speaker McCarthy Says Biden's Budget Proposal 'Completely Unserious'
US House Speaker McCarthy Says Biden's Budget Proposal 'Completely Unserious'
Sputnik International
US President Joe Biden’s proposed budget that includes trillions in new taxes is completely unserious, House Speaker Kevin McCarthy said on Thursday.
2023-03-09T18:10+0000
2023-03-09T18:10+0000
2023-03-09T18:10+0000
americas
us
joe biden
biden administration
budget
us budget
us defense budget
https://cdn1.img.sputnikglobe.com/img/07e7/01/07/1106102072_0:0:3073:1728_1920x0_80_0_0_b3107a6441b404dd2417ecdfa3625f4d.jpg
"President Biden just delivered his budget to Congress, and it is completely unserious. He proposes trillions in new taxes that you and your family will pay directly or through higher costs," McCarthy said in a statement via Twitter. "Mr. President: Washington has a spending problem, NOT a revenue problem." McCarthy also released a statement alongside House Majority Leader Steve Scalise and other top House Republicans opposing the proposed budget. “Our debt is one of the greatest threats to America and the time to address this crisis is now. Yet, President Biden is proposing out of control spending and delaying debt negotiations, following his pattern of shrugging and ignoring when faced with a crisis,” the statement said. Earlier on Thursday, Biden released his budget proposal, which includes billions in funding for Ukraine and a 3.2% Defense Department funding increase. The budget proposal comes as the US approaches a default on its national debt, which stands at approximately $31.46 trillion, according to Treasury Department data. Biden’s budget doubles down on spending policies that have led to the debt crisis and record inflation, the statement said. Biden has also called on Republicans to release a budget proposal of their own. The Republican budget proposal may include a 45% cut to foreign aid and nearly halve the FBI’s counterintelligence funding among other spending reductions, US media reported on Wednesday.
https://sputnikglobe.com/20230309/biden-releases-2024-budget-1108226935.html
americas
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
2023
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
News
en_EN
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
Sputnik International
feedback@sputniknews.com
+74956456601
MIA „Rossiya Segodnya“
us budget, biden's budget proposal
us budget, biden's budget proposal
US House Speaker McCarthy Says Biden's Budget Proposal 'Completely Unserious'
WASHINGTON (Sputnik) - US President Joe Biden’s proposed budget that includes trillions in new taxes is completely unserious, House Speaker Kevin McCarthy said on Thursday.
"President Biden just
delivered his budget to Congress, and it is completely unserious. He proposes trillions in new taxes that you and your family will pay directly or through higher costs," McCarthy said in a statement via Twitter. "Mr. President: Washington has a spending problem, NOT a revenue problem."
McCarthy also released a statement alongside House Majority Leader Steve Scalise and other top House Republicans opposing the proposed budget.
“Our debt is one of the greatest threats to America and the time to address this crisis is now. Yet, President Biden is proposing out of control spending and delaying debt negotiations, following his pattern of shrugging and ignoring when faced with a crisis,” the statement said.
Earlier on Thursday, Biden released his budget proposal, which includes billions in funding for Ukraine and a 3.2% Defense Department funding increase. The budget proposal comes as the US approaches a default on its national debt, which stands at approximately $31.46 trillion, according to Treasury Department data.
Biden’s budget doubles down on spending policies that have led to the debt crisis and record inflation, the statement said.
Biden has also called on Republicans to release a budget proposal of their own. The Republican budget proposal may include a 45% cut to foreign aid and nearly halve the FBI’s counterintelligence funding among other spending reductions, US media reported on Wednesday.
