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White House: GOP plans would drive deficits up $3 trillion

February 15, 2023

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President Joe Biden plans to go on the offensive against Republicans, saying in effect that their policies would add $3 trillion to the national debt.

“If you add up all the proposals that my Republican friends in Congress have offered so far, they would add another $3 trillion to the debt over 10 years,” Biden plans to say, according to excerpts of the speech. “You’ll see that my budget will invest in America, lower costs and protect and strengthen Social Security and Medicare, while cutting the deficit by $2 trillion over 10 years.”

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