President Joe Biden has a long, well-documented history of telling tall tales. Accordingly, it was not a surprise that his State of the Union address Feb. 7 included many misleading and inaccurate claims.
The bottom line is that the debt is too high, the
is dismal, and both parties recklessly have made this problem worse over the past 20 years. Accordingly, both parties need to take the issue seriously and prioritize the nation’s financial health.which provides comprehensive guidance across the spectrum of policy issues. The Budget Blueprint contains $15.5 trillion in spending reductions, along with trillions of dollars in improvements to the tax code. Although many of the proposals are unlikely to occur while Democrats control the Senate and the White House, even a fraction of that amount would be a huge first step toward digging out of the enormous hole we’re in.
The alternative — ignoring the problem and prioritizing short-term political calculations — invites more waves of punishing inflation and debilitating interest rate hikes. This is a time for leadership. And if policymakers in Washington won’t lead, it will be up to the American people to hold them accountable.and is reprinted with kind permission from the Heritage Foundation
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
President Joe Biden wants to cut Medicare AdvantageAfter criticizing Republicans who proposed cuts to Medicare, President Biden is doing it himself. Biden is proposing a Medicare cut inside the Medicare Advantage program, the form of Medicare that nearly half of seniors have enrolled in.
Read more »
Biden takes new steps to address racial inequality in gov'tThe White House says President Biden is taking new steps to address racial inequality throughout the federal government.
Read more »
Biden gets routine medical exam as he prepares for 2024 runPresident Biden is heading to Walter Reed National Military Medical Center for a medical checkup. biden kprc2 click2houston
Read more »
'I'll take it down': Biden vows action but says 3 objects shot down not spy vehiclesPres. Biden says U.S. is 'not looking for a new Cold War” with China and he will remain in communication with Pres. Xi, adding that he “makes no apologies” for taking down Chinese balloon.
Read more »
Biden, amid questions about age, to undergo 2nd physical as president ThursdayPres. Biden is set to undergo his second physical as president at Walter Reed National Military Medical Center, more than a year after his first physical since taking the White House.
Read more »