On 3/9/2023, Joe Biden traveled to Philadelphia to deliver a budget proposal which includes $2 trillion in tax hikes. Republicans are expected to reject Biden’s budget proposal. Biden claimed his Admin has “brought down inflation seven months in a row.”
Biden: “We Brought Down Inflation Seven Months in a Row. We’re Gonna Whip It”
“And that’s — would bring us to — down to everyday costs — how much do things cost. It’s not just whether infla- — we brought down inflation seven months in a row. We’re going to whip it. But, in the meantime, there’s other ways to take what is inflation in your budget.”
Inflation skyrocketed shortly after Joe Biden was sworn into office because of his tax-and-spend policies. The monthly and yearly numbers came in higher than expectations. Much of the increase came in food and energy prices. In fact, inflation is so out of control that Federal Reserve Chairman Jerome Powell this week said interest rates will ‘likely to be higher’ than previously anticipated.
Biden Refers To A “Big Fight With The Former President And Maybe Future President”
While speaking he had another major gaffe. He called Donald Trump “the former President and maybe the future President. “But guess what? You may remember — I was running for office at the time, but you all might remember that the — I had a big fight with the former President and maybe future President — bless me,” Father.
AUDIENCE: Booo —
THE PRESIDENT: Anyway. No, all — all kidding aside. And here’s the deal. What happened was the folks who were really going after me for trying to
Biden Claims He’s “Lowering” Energy Bills Even As Electricity And Natural Gas Costs Are Way Up
That’s why I took the most aggressive action ever — in all of history, in any country — to take on the climate crisis by lowering your home energy bills, which MAGA Republicans voted against. We’ve got — we’ve now gotten to a point where it’s cheaper to generate electricity
Biden Says He Wonders How Many People “Knew” About “Supply Chain” Before The Pandemic
You know, I wonder how many people knew — talked about, quote, “the supply chain” before the pandemic. Everybody knows what a supply chain is now.
Biden Tells That “MAGA Republicans Are Calling For Defunding The Police Departments”
And so, folks, look, MAGA Republicans are calling for defunding the police departments and defunding the FBI now. That’s a good one.
Biden: In our estimate, my plan reduce -$3T, but their plan +$3T?
My Republican friends say they want to reduce the deficit, but they did the ma- — we did the math on what they’ve put forward so far. In our estimate — I’m happy to be proven wrong — they will — they will — my plan is going to reduce the deficit by $3 trillion over 10 years. Based on what we know so far about their plan, it’s going ex- — explode the deficit by more than $3 trillion over the next 10 years.
If I didn’t root like hell for every Philadelphia team, I’d be sleeping alone
My — you know, my wife, Jill, who’s in — who’s a Philly girl — (laughs). (Applause.) If I didn’t root like hell for every Philadelphia team, I’d be sleeping alone. (Laughter.) Oh, you think I’m kidding? Jimmy knows my — oh, whoa.
MAGA Republicans want to do away with the Inflation Reduction Act
that is so basic and so important. But again, the MAGA Republicans want to take away the law. They — one of the things they’ve announced: They want to do away with the Inflation Reduction Act.
Biden pronounces MTG’s name “Mountjer.” Biden State of The Union: “Liar! Liar! Biden’s a liar!”
“MAGA Republicans’ proposal is not an answer on Social Security. And my budget will not cut benefits. And it will — definitely won’t sunset programs, like some of my MAGA Republican friends want to do … And, by the way, did you all happen to see any of the State of the Union Address? (Applause.) Well, yeah, when those folks were standing up saying, “Liar! Liar! Biden’s a liar!” That gentlelady from the state of Georgia, the mountains there.
AUDIENCE: Booo —
THE PRESIDENT: Well, no, no, no. I didn’t say it for that reason. But here’s the deal. They said, “Li-…” I said, “Well, let me ask you: How many of you out there commit you won’t cut Medicare or Social Security?” And they all stood up and raised their hand and said, “We won’t do it!” Well, guess what? They’re all on camera. (Laughter.) I’m counting on them keeping their word. But in — just in case they don’t, I’m around. Anyway.
why doing $400K?
Let me be clear. Under my plan — and I made this commitment when I ran, and I haven’t broken it yet and I never will — no one making less than $400,000 will see a penny in federal taxes go up. Not a single penny. Now, why are they doing $400,000? Because I doubt anybody here makes $400,000. I did it to make the case that I’m not going after
https://facebook.com/HygoNewsUSA/videos/549151573981454/
Biden: brought down inflation 7 months in a row; “former President and maybe the future President.”