by President Joe Biden is no longer in charge of the White House, according to a Republican lawmaker who criticized the Biden administration’s newly proposed $6.8 trillion budget on social media.
Sen. Ted Cruz, R-Texas, said the Biden administration’s fiscal year 2024 budget reveals that “socialists are in charge” and that President Biden, who campaigned heavily to be a unifying candidate who would do business with members of both major parties, no.
According to the Republican, the budget outlines an “extreme” economic, education, climate and health agenda that raises taxes and increases spending to record levels.
“The sad truth: Socialists are in charge of the White House,” Cruz tweeted Thursday. “Joe Biden certainly isn’t!”
BIDEN BUDGET WILL LEAD TO ‘RECORD’ NATIONAL DEBT, WATCHDOG WARNS
US President Joe Biden speaks to members of the media before boarding Marine One on the South Lawn of the White House in Washington, DC, US, Friday, February 24, 2023. (Will Oliver/EPA/Bloomberg via Getty Images)
The tweet echoed comments Cruz made during an interview Thursday afternoon with Fox News host Sean Hannity.
The host revealed that more and more Americans are struggling and many have resorted to using credit cards for routine purchases, cashing in on their retirements and living paycheck to paycheck.
“Senator, I gave the numbers. We look at the economy. We see that two-thirds of people now can’t make ends meet, you see people cashing out their retirement plans to make ends meet, and people for bare necessities using credit cards. Never it was that bad, at least in my lifetime,” Hannity said.
“Sean, the sad truth is that socialists are in charge of the White House,” Cruz began his remarks. “Biden certainly isn’t, but the people he’s surrounded himself with have a very simple approach to everything, they want to spend money they don’t have [and] they want to raise your taxes.”
And he continued: “They have unleashed record inflation.”
Cruz also said, “This budget that Biden put out is going to create a national debt of $50 trillion, and their view is that they can just keep printing money and unleash inflation and keep borrowing money from China. It’s wildly irresponsible”.
The Texas Republican said the budget prioritized funding for the IRS, but notably lacked appropriations to secure the U.S.-Mexico border wall. He also cited Sen. Elizabeth Warren, D-Mass., as one of the people driving Biden’s proposal.
“You know what’s not in this budget?” Cruz asked. “Funds to secure our southern border. They want to fund 87,000 IRS agents, but they don’t have funds for a significant number of new border patrol agents. They don’t have funds for a significant number of DEA [Drug Enforcement Administration] agents to stop the fentanyl crisis that led to more than 100,000 overdoses that occurred last year under Biden’s watch.”
Sen. Ted Cruz, R-TX, at the Tampa Convention Center on July 22, 2022 in Tampa, Florida. (Joe Raedle/Getty Images)
DEMOCRATS PICK UP BIDEN’S BUDGET PROPOSAL, SAY IT’S LOADED WITH SPENDING: ‘TAXES, TAXES AND MORE TAXES’
“This is a tax and spend budget,” the lawmaker said. “They have $5.5 trillion in new taxes in this budget. That includes taxes directly on energy. Well, remember all the Democrats who said they wanted gas prices down? They were lying.”
Senator Cruz, who previously ran for the White House, called the proposal a “political document” and said there was no way it would clear Congress, where Republicans hold a majority in the House of Representatives.
“Chances of this budget being passed into law are 0.0% [zero-point-zero percent],” Cruz predicted.
Sen. Ted Cruz, R-Texas, said President Biden’s new budget proposal suggests someone else is running the White House. (Getty Images)
The MP further said that the priorities in the bill are “really extreme and really dangerous”.
“They tell you who they are,” Cruz added, noting that the budget proposal makes more references to climate, environmental justice and transgender people than inflation, fentanyl and border security.
BIDEN PROPOSES TAX INCREASE ON THOSE EARNING OVER $400,000 TO BOOST MEDICARE FUNDING
Separately, the Committee for a Responsible Federal Budget, an economic watchdog, also said it was “disappointed” by the proposal as it would allow the deficit to grow by $17 trillion over the next decade.
“The President deserves credit for proposing $3 trillion in deficit reduction… [but] Deficit reduction should ultimately be almost three times that and it is disappointing that the budget has put forward so many costly proposals without first putting the nation’s fiscal house in order,” the CRFB said.
U.S. President Joe Biden walks through the residences from Marine One on the South Lawn of the White House on Friday, Feb. 6, 2023. (Demetrius Freeman/The Washington Post via Getty Images)
CRFB Chair Maya McGuinness said the budget “doesn’t go far enough” to eliminate record levels of spending and will lead to a new record debt.
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“The president’s budget would borrow $19 trillion by 2033 and raise the debt-to-GDP ratio from 98 percent in late 2023 to 110 percent by 2033, surpassing the record set in this nation immediately after B ‘ World War,” McGuinness said in a statement. Thursday.
