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Christian Datoc, White House Reporter


NextImg:Biden attacks GOP economic proposals ahead of debt limit showdown: 'I'm gonna raise some taxes'

President Joe Biden railed against "MAGA" lawmakers in Virginia Beach, Virginia, on Tuesday for their dozens of past attempts to repeal the Affordable Care Act and allegedly trying to cut funding for Medicare and other entitlement programs while he teased tax hikes on the rich.

"I wanna make it clear: I'm gonna raise some taxes," Biden said.

Biden's remarks, which closely resembled similar speeches delivered in recent weeks, come as he is preparing to launch his 2024 reelection campaign. First lady Jill Biden claimed over the weekend that "pretty much" all that remains is to pick a time and place to launch.

REPUBLICANS START TO HIT BACK ON BIDEN'S SOCIAL SECURITY AND MEDICARE ATTACKS

"There's an awful lot of really good Republicans, but the MAGA Republicans are a different breed of cat," the president claimed.

"My MAGA Republican friends say they want to reduce the deficit. We did the math," he continued, claiming their proposals would add trillions to the federal deficit.

The president also previewed the release of his budget for the coming fiscal year, which White House officials say will be delivered on March 9, and urged House Speaker Kevin McCarthy (R-CA) to do the same in order to avoid a protracted process to address the debt limit.

The White House has steadily increased attacks on Republican economic and healthcare proposals in the weeks following Biden's second State of the Union address.

"In their own words, congressional Republicans keep proving President’s Biden’s warnings to the middle class right," White House spokesman Andrew Bates said Tuesday ahead of Biden's remarks. "The House Republican leading their budget process now admits that the foundation of their approach will be a radical ultra-MAGA plan that takes health coverage away from millions of middle-class families, causes healthcare and prescription drug costs to skyrocket, and devastates rural hospitals, and they’re threatening to intentionally plunge our economy into chaos and kill millions of jobs and businesses if they don’t get their way."

"Meanwhile, Republicans are pushing exorbitant tax welfare for rich special interests that would increase the deficit and worsen inflation," he continued. "This is the definition of trying to force our economy to work from the top down when they should be joining with President Biden to keep rebuilding the American middle class.”

CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER

You can watch Biden's remarks in full below.