President Joe Biden appeared in Philadelphia on Thursday to propose a budget proposal that includes $2 Trillion in tax increases.
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House Speaker Kevin McCarthy tweeted out the following response to the tax hike proposal…
President Biden just delivered his budget to Congress, and it is completely unserious.
— Kevin McCarthy (@SpeakerMcCarthy) March 9, 2023
He proposes trillions in new taxes that you and your family will pay directly or through higher costs.
Mr. President: Washington has a spending problem, NOT a revenue problem.
Even though inflation currently stands at 6.4%, and was at 1.4% when Biden took office, during his speech Biden claimed that his administration has “lowered inflation” for seven months in a row.
He can be quoted as saying…
We brought down inflation seven months in a row. We’re gonna whip it.
President Joe Biden
See a clip of that moment below…
BIDEN: "We brought down inflation seven months in a row. We're gonna whip it."
— RNC Research (@RNCResearch) March 9, 2023
Inflation was 1.4% when Biden took office. Inflation is 6.4% today. pic.twitter.com/WjmWnU37JK
Even the Fed contradicts Biden, as they have recently announced that interest rates will go higher because of rampant inflation.
The only thing more troubling than the failure of the Biden Administration is their total unwillingness to acknowledge that any of it is happening. That aspect of the situation is possibly the most frightening.
Not only does Joe Biden not acknowledge his failures, he thinks they are victories. His entire administration spends most, if not all, of their time trying to explain why their embarrassing moments are actually ‘moments of strength’.
Beyond delusion. As the economy continues to suffer, and Americans continue to struggle, Biden is busy taking victory laps. A total disconnect from the Nation he is supposedly governing.
Things keep getting worse for America, and it is directly because of the Biden Administration.