Home » World News » GOP readies budget plan in ‘coming weeks’ in response to Biden’s ‘out-of-control spending’
GOP readies budget plan in ‘coming weeks’ in response to Biden’s ‘out-of-control spending’
Biden’s budget proposal claims to cut deficits by $3 trillion
FOX Business’ Grady Trimble gets reaction from Sens. Joe Manchin, D-W.Va., and Tim Kaine, D-Va., on Biden’s proposed budget.
Republicans are pushing to have their own budget proposal ready for the next fiscal year "in the coming weeks," a House lawmaker said Thursday responding to President Joe Biden's plan.
Biden and his allies have for weeks demanded that Republicans, who insist on spending cuts to raise the debt ceiling, show their plan for what they want rolled back. The president claims his plan will reduce the deficit without raising the tax burden on middle-class Americans, a claim the GOP rejected shortly after Biden's budget was revealed.
Rep. Ben Cline, R-Va., leader of the Republican Study Committee's Budget and Spending Task Force, said Thursday, "Instead of addressing our unsustainable $31.5 trillion debt and soaring deficits, Biden’s budget is more of the same: more taxes, more costly regulations, and more inflationary spending."
"In the coming weeks, House Republicans will put forward a budget that actually works toward getting our fiscal house in order by reining in out-of-control spending and putting us on a path to balance," Cline said.
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