WASHINGTON, Jan 17 — US President Joe Biden lashed out at Republican lawmakers Monday as being “fiscally demented,” in an early volley at the opposition party now controlling...
WASHINGTON, Jan 17 — US President Joe Biden lashed out at Republican lawmakers Monday as being “fiscally demented,” in an early volley at the opposition party now controlling the House of Representatives.
“I reduced the deficit last year — US$350 billion . And this year, the federal deficit is down one-trillion-plus dollars. Hear me. That’s a fact,” he said. They also came two days after Treasury Secretary Janet Yellen said she would have to take “extraordinary measures” to avert a government debt default this week.
But he made clear he was “disappointed” by legislative proposals he said would “help the wealthy people, the big corporations... at the expense of ordinary, middle-class taxpayers.”
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