The president has countered the GOP plan with his own budget proposal, which could save $800 billion through changes to government programs. Of that sum, Biden said that $200 billion over 10 years …
VALHALLA, N.Y. — President Joe Biden on Wednesday blasted Republican-demanded spending cuts as “devastating,” making his case in a campaign-style speech to voters as lawmakers met in Washington on raising the government’s borrowing limit to avoid a potentially catastrophic U.S. default.
Biden laid into that GOP proposal on Wednesday in Valhalla, New York, saying spending cuts recently passed by the Republican House could hurt schools and the country’s “sacred” obligations to military veterans. Back in Washington, senior White House officials and congressional aides were starting to discuss a path to avert a painful debt default that could come as soon as June 1. Negotiators are racing to strike a budget deal that could unlock a vote on separate debt ceiling legislation. Biden and Capitol Hill leaders are to meet again on Friday.
“There has to be an agreement between the speaker and the president — and there will be,” McConnell said. After his speech, Biden told reporters he was still holding out hope for a long term debt limit increase. He said he hadn’t been briefed yet on what lawmakers were discussing on the budget. But when he meets with them on Friday, he said he wants specifics of what spending cuts Republicans hope to make. “What are they going to cut?” he asked.
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