AP: Biden, McCarthy in different worlds on debt standoff
President Joe Biden and House Speaker Kevin McCarthy are addressing different groups of people with opposite approaches as the nation faces a looming crisis over the national debt.
While the Republican leader took to Wall Street to set forth his terms for raising the country’s borrowing limit, the Democratic president has planned to speak out against Republicans for “holding hostage” the nation’s ability to pay its debts at a union hall in Maryland on Wednesday.
According to excerpts of his speech, Biden planned to criticize McCarthy’s MAGA economic vision as “the same old trickle-down dressed up in MAGA clothing. Only worse,” as reported by the Associated Press.
"Biden, McCarthy in different worlds on debt standoff"
READ MORE: https://apnews.com/article/joe-biden-kevin-mccarthy-debt-limit-schumer-98fb9543dd3434d9f8a5ace09cbb1eed
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