{"id":354,"date":"2023-01-30T18:29:48","date_gmt":"2023-01-30T18:29:48","guid":{"rendered":"https:\/\/edenreports.com\/?p=354"},"modified":"2023-01-30T18:29:49","modified_gmt":"2023-01-30T18:29:49","slug":"joe-biden-warns-republicans-are-destroying-the-economy-want-to-default-on-u-s-debt-raise-gas-prices","status":"publish","type":"post","link":"https:\/\/edenreports.com\/index.php\/2023\/01\/30\/joe-biden-warns-republicans-are-destroying-the-economy-want-to-default-on-u-s-debt-raise-gas-prices\/","title":{"rendered":"Joe Biden Warns Republicans are Destroying the Economy, Want to Default on U.S. Debt, Raise Gas Prices"},"content":{"rendered":"\n<p>During a&nbsp;<a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2023\/01\/26\/remarks-by-president-biden-on-economic-progress-since-taking-office\/\">speech<\/a>&nbsp;on Thursday afternoon,&nbsp;<a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2023\/01\/26\/remarks-by-president-biden-on-economic-progress-since-taking-office\/\">President Joe Biden<\/a>&nbsp;addressed the topic of economic progress and the ongoing efforts to pass a bipartisan infrastructure bill.<\/p>\n\n\n\n<p>During the&nbsp;<a href=\"https:\/\/www.realclearpolitics.com\/video\/2023\/01\/26\/watch_live_president_biden_speech_on_economic_growth.html\">speech<\/a>, he stated, &#8220;The Biden economic plan, because of you all, is actually working.&nbsp; It\u2019s working&#8230; We\u2019re moving in the right direction.&nbsp; Now we\u2019ve got to protect those gains.&nbsp; We\u2019ve got to protect those gains that our policies have generated \u2014 protect them from the MAGA Republicans in the House of Representatives who are threatening to destroy this progress&#8230; They want to raise your gas prices&#8230; They want to impose a 30 percent national sales tax on everything from food, clothing, school supplies, housing, cars \u2014 a whole deal&#8230; And, folks, the reason they want to do that \u2014 they want to eliminate the income tax system&#8230;And beyond that, they\u2019re actually threatening to have us default on the American debt.&#8221;&nbsp;<\/p>\n\n\n\n<p>On Monday, White House press secretary Karine Jean-Pierre faced&nbsp;<a href=\"https:\/\/www.foxnews.com\/media\/karine-jean-pierre-warns-house-republicans-want-raise-gas-prices-say\">significant backlash<\/a>&nbsp;on social media following her&nbsp;<a href=\"https:\/\/www.foxnews.com\/media\/karine-jean-pierre-warns-house-republicans-want-raise-gas-prices-say\">alleged assertion<\/a>&nbsp;that House Republicans are seeking to increase gasoline prices during a press conference.<\/p>\n\n\n\n<p>The&nbsp;<a href=\"https:\/\/www.whitehouse.gov\/briefing-room\/speeches-remarks\/2023\/01\/26\/remarks-by-president-biden-on-economic-progress-since-taking-office\/\">President<\/a>&nbsp;went on to say, &#8220;Why in God\u2019s name would the Americans give up the progress we\u2019ve made for the chaos they\u2019re suggesting?&nbsp;I don\u2019t get it.&nbsp;That\u2019s why the MAGA Republicans deliberately choose to inflict this kind of pain on the American people&#8230;I will not let it happen.&nbsp;Not on my watch.&nbsp;I will veto everything they send me.&#8221;<\/p>\n\n\n\n<p>Recently, Republicans reportedly&nbsp;<a href=\"https:\/\/www.nerdwallet.com\/article\/finance\/debt-ceiling\">requested reductions<\/a>&nbsp;in future spending as a&nbsp;<a href=\"https:\/\/www.nerdwallet.com\/article\/finance\/debt-ceiling\">condition<\/a>&nbsp;for increasing the debt ceiling, which is an uncommon approach. Meanwhile, Democrats are&nbsp;<a href=\"https:\/\/www.nerdwallet.com\/article\/finance\/debt-ceiling\">refusing<\/a>&nbsp;to accept any conditions and are insisting on raising the debt ceiling without any additional requirements. &nbsp;<\/p>\n\n\n\n<p>Republicans have also&nbsp;<a href=\"https:\/\/washingtonmonthly.com\/2022\/10\/21\/republicans-cannot-and-will-not-reduce-gasoline-prices\/\">argued<\/a>&nbsp;that, as they no longer hold the presidency, they should not be held responsible for the rise in U.S. gas prices or the current economic policy.<\/p>\n\n\n\n<p>The economy&nbsp;<a href=\"https:\/\/www.npr.org\/2022\/10\/21\/1130644838\/americans-are-concerned-about-their-economy-and-the-global-economic-outlook-is-w\">remains a concern<\/a>&nbsp;for many Americans under the Biden Administration. The combination of high inflation and stagnant growth, along with job losses and sluggish wage increases, have contributed to a&nbsp;<a href=\"https:\/\/news.nationwide.com\/americans-concerned-us-economy-will-get-worse-before-it-gets-better\/\">lack of confidence<\/a>&nbsp;in the nation&#8217;s economic future.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.brookings.edu\/opinions\/congress-take-a-timeout-from-playing-the-political-blame-game\/\">Some suggest<\/a>&nbsp;that instead of pointing fingers and placing blame, both political sides should start working to achieve economic progress.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>During a&nbsp;speech&nbsp;on Thursday afternoon,&nbsp;President Joe Biden&nbsp;addressed the topic of economic progress and the ongoing efforts to pass a bipartisan infrastructure bill. During the&nbsp;speech, he stated, &#8220;The Biden economic plan, because of you all, is actually working.&nbsp; It\u2019s working&#8230; We\u2019re moving in the right direction.&nbsp; Now we\u2019ve got to protect those gains.&nbsp; We\u2019ve got to protect [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":355,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[218,9,123,92,50,124,186,192,91],"tags":[78,229,340,231,16,339,213,66,215,75],"_links":{"self":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts\/354"}],"collection":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/comments?post=354"}],"version-history":[{"count":1,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts\/354\/revisions"}],"predecessor-version":[{"id":356,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/posts\/354\/revisions\/356"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/media\/355"}],"wp:attachment":[{"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/media?parent=354"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/categories?post=354"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/edenreports.com\/index.php\/wp-json\/wp\/v2\/tags?post=354"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}