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White House says GOP plans would add $3 trillion to national debt

White House says GOP plans would add $3 trillion to national debt

CBSN
Wednesday, February 15, 2023 02:16:15 PM UTC

Washington — President Biden plans to go on the offensive against Republicans, saying in effect that their policies would add $3 trillion to the national debt.

Ahead of Mr. Biden's remarks to union workers Wednesday in Lanham, Maryland, the White House issued a fact sheet that questions the GOP's sincerity on deficit reduction.

The White House is charging the GOP with hypocrisy for favoring tax policies that could push the accumulated $31.4 trillion national debt higher. Yet Mr. Biden also wants to preserve some of the same tax cuts as Republicans so long as the approach is "fiscally responsible."

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