President Biden responded to Republicans who have said they would not budge on raising the debt ceiling unless his administration agreed on spending cuts.
RELATED: President Joe Biden to release his proposed federal budget Thursday in Philadelphia [ Ссылка ]
President Joe Biden fired the opening shot in his budget negotiations with congressional Republicans on Thursday, saying he's ready to sit down with House Speaker Kevin McCarthy and go through their spending plans line by line.
"Lay it down," Biden urged the House GOP leader, who has yet to release his own budget proposal, during a campaign-style event in Philadelphia.
“We’ll go through it, see what we can agree on, what we disagree on and then fight it out in the Congress.”
Biden spoke just hours after the White House released his proposed budget for the coming year, which calls for tax increases on wealthy Americans and promises to trim the federal deficit by nearly $3 trillion over the next decade. The proposal offers insight into what Biden sees as his priorities as he gears up for his yet-to-be announced re-election campaign.
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