‘Show Me Your Budget’: Biden Renews Attack on House Republicans Over Debt Ceiling

President Joe Biden on Wednesday gave a speech in Accokeek, Maryland, to promote his economic agenda and rally support for it. He began his remarks by criticizing “MAGA Republicans” for standing in the way of his economic vision and threatening to undo all of his policies.

“This ain’t your father’s Republican Party. It’s a different deal right now,” Biden told labor union members at a training facility in Accokeek. “That’s why I’m here today. Because you and the American people should know about the competing economic visions of the country that are really at stake right now.”

Biden reacted to House Speaker Rep. Kevin McCarthy’s (R-Calif.) remarks to Wall Street on April 17, contrasting his agenda to what he called the “MAGA economic vision.”

“Do you think he told the wealthy and powerful it’s about time they step up and start paying a fair share? Not a word,” Biden told the crowd in Maryland. “Do you think he told billion-dollar companies to stop stashing profits in tax havens and shipping jobs overseas? I didn’t hear any of that,” he continued.

“Instead, he proposed huge cuts to very important programs that millions of hardworking middle-class Americans count on … Folks, this time, the same old trickle-down dressed up in MAGA clothing is worse than ever.”

Biden submitted his 2024 budget proposal on March 9, and has since asked House Republicans to do the same.

“My dad used to have an expression: ‘Don’t tell me what you value. Show me your budget, and I’ll tell you what you value.’”

McCarthy blamed Biden for declining to meet during a speech at the New York Stock Exchange on April 17 and accused him of “misleading the public.”

“I want to talk to you about the debate that’s not happening in Washington but should be happening over our national debt. It’s a debate that directly affects the lives of every American,” McCarthy said.

House Republicans on Wednesday introduced legislation to raise the nation’s debt ceiling by $1.5 trillion or until March 31, 2024, whichever occurs first.

McCarthy is expected to bring the bill up for a vote next week. It is unclear whether Republicans can assemble the 218 votes required for passage in the narrowly divid