President Joe Biden is adamant he has done his part as he and congressional Republicans negotiate over raising the debt ceiling in exchange for spending cuts.
"It's time for another side to move from their extreme positions because much of what they've already proposed is simply, quite frankly, unacceptable," Biden told reporters Sunday on the sidelines of the Group of Seven leaders meeting in Japan."It's time for Republicans to accept that there's no bipartisan deal to be made solely on their partisan terms. They have to move as well.
"I'm not going to agree to a deal that protects $200 billion in excess payments for pharmaceutical industries and refusing to count that, while cutting over 100,000 school teachers and assistant jobs, 30,000 law enforcement officers jobs cut across the entire United States of America," he added."I'm not going to agree to a deal that protects wealthy tax cheats and crypto traders while putting food assistance at risk for nearly 1 million Americans.
"The president has over and over again put deficit reduction proposals on the table, from limits on spending to cuts to Big Pharma profits to closing tax loopholes for oil and gas," she wrote in a statement."Let’s be clear: The president’s team is ready to meet any time."
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