Biden blames Republicans in debt limit crisis

While US President Joe Biden stated that the country’s economy has made progress in two years, he said that the debt limit impasse was a “manufactured crisis” by the Republicans.

USA President Joe Biden stated that the country’s economy has made great progress in two years and said that the debt limit impasse was a “manufactured crisis” driven by some Republicans in Congress.

Biden, “AmericaAt the opening of the meeting on “Investment in Turkey”, he pointed out that there was good news from the employment report announced this morning, reminding that more than 250 thousand employment increases were recorded last month.

Noting that the unemployment rate is 3.4 percent, the lowest level in 50 years, Biden said that the unemployment rate of blacks has also fallen to a record low.

Emphasizing that inflation, which has been falling for the 9th consecutive month, has decreased by 40 percent since last summer, Biden said: “Obviously we have more work to do, but we are moving in the right direction.” he said.

Talking about the “Investing in America” program, Biden said that they have made progress in this regard.

Biden estimates that the budget deficit will exceed 3 trillion over the next 10 years. dollar Referring to the budget proposal aimed at reducing

Biden said he will tell Congress leaders to avoid default next week, adding that they can discuss where to cut spending and how to get the tax system to a fair point, but not under the “threat of defaulting on debt”.

Biden, stating that they have made great progress in the last two years in the country, argued that the budget limit impasse after all the developments is a “manufactured crisis” driven by the “MAGA Republicans” in Congress. (AA)

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