Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Politics

President Biden calls Republicans ‘fiscally demented’ during MLK Day speech, amid docs scandal, inflation

by January 17, 2023
January 17, 2023
President Biden calls Republicans ‘fiscally demented’ during MLK Day speech, amid docs scandal, inflation

President Joe Biden said Republicans are ‘fiscally demented’ while speaking at a Martin Luther King Day event Monday, amid GOP calls for more transparency regarding the president’s mishandling of classified documents.

The president began by claiming Democrats are fiscally responsible, before taking a jab at Republicans who criticized his administrations spending.

‘You’re gonna talk about big spending Democrats again,’ Biden said during a speech at the National Action Network’s Martin Luther King, Jr. Day breakfast, referring to Republicans who frequently called out the president for signing massive spending bills into law in the midst of a recession.

‘Guess what,’ the president whispered into his microphone, ‘I reduced the deficit last year three hundred and fifty billion dollars.’

‘These guys, they’re fiscally demented. They don’t quite get it,’ Biden said drawing laughs from the crowd, before quickly returning to the teleprompter and reading the rest of his speech.

Biden continued to tout his trillion dollar spending packages throughout the speech, meanwhile inflation hit a 40-year-high of 9.1% in June and gas prices soared nationwide under his watch.

In November, the Biden administration claimed that they were responsible for the historical reduction in the federal deficit, leaving out other major contributing factors that led to the decrease.

‘The Biden-Harris Administration lowered the deficit with the single largest one-year reduction in American history,’ the White House tweeted. 

Twitter users quickly pointed out that despite the reduction, ‘the FY22 deficit is still the 4th largest in history and is 41% larger than FY19’ and highlighted that high COVID-driven deficits played a significant role in the drop.

Biden’s comment comes just days after several batches of classified documents were found at both his Penn Biden Center office and Delaware home, a recovery that sparked major backlash from the GOP after the president had called former President Trump ‘irresponsible’ for holding onto classified materials after leaving office.

Aubrie Spady is a Freelance Production Assistant for Fox News Digital.

This post appeared first on FOX NEWS
0
FacebookTwitterGoogle +Pinterest
previous post
Florida school sends permission slips to learn Black National Anthem, not Holocaust: reports
next post
Republicans respond after Biden calls them ‘fiscally demented’: ‘absolutely zero self-awareness’

You may also like

Democrat Pennsylvania State Rep Wins Reelection Despite Being...

November 9, 2022

Cornell Law professor calls to invoke 25th Amendment...

June 29, 2024

Trump indicates he won’t make another presidential run...

September 23, 2024

House quickly approves $1.7T spending bill, flees DC...

December 23, 2022

BREAKING BIG: Delaware Supreme Court Rules Mail-In Voting...

October 7, 2022

Ditching the crystal ball on a potential government...

September 28, 2023

Newly released photos show mysterious cocaine discovered in...

November 14, 2023

Finland Interior Minister Collapses During Live Broadcast on...

September 30, 2022

‘Big win’: Trump touts federal funding bill passage...

March 12, 2025

Trump scores slew of Republican presidential nomination victories...

March 4, 2024

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025
    • House witness flips script on Dem who ambushed him during hearing with unearthed tweet: ‘Iceberg is ahead’

      June 7, 2025
    • Call with China’s Xi, and Trump-Musk exchange fueled barbs during 20th week in office

      June 7, 2025
    • Trump’s conservative allies warn Congress faces critical ‘test’ with $9.4B spending cut proposal

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,568)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved