President Biden defended his efforts to raise taxes and increase spending for his mammoth multi-trillion dollar proposals by arguing that his $1.9 trillion COVID relief bill was causing the economic rebound seen today.
The commander-in-chief made the remarks in an interview Friday with NBC News after being asked why he would push such lofty and expensive efforts when the economy was recovering from the pandemic.
“That’s the reason why it’s recovering,” Biden replied, “Because we’re investing.”
“Look how rapidly it’s recovered since we passed the last piece of legislation, and that legislation was $1.9 trillion. If we don’t invest in this country, we’re going to actually start to, we’re going to fall behind even further,” he continued.
The White House on Wednesday unveiled the details of Biden’s $1.8 trillion “American Families Plan.”
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