"I hope Republicans in Congress will join me in working to build on this progress, rather than putting our economy at risk with reckless threats of a shutdown or proposals to cut taxes for the wealthy and large corporations, while slashing programs that are essential for hard-working families and seniors," Biden said in a statement.
Earlier on Thursday, the Commerce Department said the US economy grew at an annualized rate of 4.9% in the third quarter compared to 2.1% in the second quarter.