"My plan attacks inflation and grows the economy by lowering costs for
working families, giving workers well-deserved raises, reducing the
deficit by historic levels, and making big corporations and the very
wealthiest Americans pay their fair share.
"The other path is the
ultra-MAGA plan put forward by congressional Republicans to raise taxes
on working families; lower the incomes of American workers; threaten the
sacred programs Americans count on like Social Security, Medicare, and
Medicaid; and give break after break to big corporations and
billionaires — just like they did the last time they held power when
their top priority was a reckless $2 trillion tax cut going — the
majority of that going to the very wealthiest Americans, which ballooned
the deficit, and not a penny of it was paid for." -- President Biden today in a speech on inflation and the economy, contrasting his Administration's approach to fighting inflation with the economic royalist approach of the Trumpist Republican cult.
