President Joe Biden warned Friday that Republicans will "crash the economy next year" if they take control of Congress.
RELATED: White House clarifies Biden's 'MAGA Republican' remark
Biden took aim at House Republican leaders who have suggested they might use the debt ceiling as "leverage" to achieve their budgetary goals on entitlements.
"If you're worried about the economy, you need to know this," Biden said. "The Republican leadership in Congress has made it clear. They will crash the economy next year by threatening the full faith and credit of the United States for the first time in our history, putting the United States in default, unless we yield to their demand to cut Social Security Medicare." The president added: "Let me be really clear. I will not yield."
Biden's remarks came as he touted a $1.4 trillion decrease in the federal budget deficit this year as pandemic spending has slowed. The debt limit, the subject of several partisan fights in recent years, sets the limit the federal government can borrow to carry out spending authorized by Congress.
» Subscribe to USA TODAY:
» Watch more on this and other topics from USA TODAY:
» USA TODAY delivers current local and national news, sports, entertainment, finance, technology, and more through award-winning journalism, photos, videos and VR.
#Biden #Economy #MAGA
He’s a LUNATIC!!!!!
Lol
🎭
Hes reading from a prompter 🤡😂
🎭
Tommy Flanagan “Yeah, That’s the Ticket”
yeah… high inflation on the middle class sure would suck……..
He really is a crazy old man
media-elected obiden should follow Truss’s lead and resign.
“Selected”
“look at what I have inherited and look at how much worse I’ve made it”.
It could be worse….Cheeto Trump could still be president.
Jesus take the wheel
U.S cannot stand 2 more years of Joe Bribem’
Inherited the greatest economy in history and the clowns destroyed it.
Destroyed it in less then a years time!!!!
💯
Yes. He absolutely destroyed what he inherited.
Never his fault. Always someone else’s. This man is the worst
You’ve destroyed everything!! Let’s go brandon! You won’t be just fine come November!!!
I inherited energy independence and no new wars now we can’t beg the Saudis to pump enough to save the midterms and nuclear wars is looming
This man just explained exactly what they’re doing. And blamed somebody else for their problems
hey it’s only Mega MAGA. remember when it was ULTRA MAGA destroyer of the universe like 6 weeks ago?
I remember Male & Female genders. I remember affordable Gas & Groceries. I remember Peace & Freedom. I remember when we elected our Presidents.
I remember Trump. 🇺🇸
Look at what he’s done.
God help us. 🙏
Hahaha hilarious 😂