Biden’s Argument
The Consumer Price Index rose 1.2 percent in March, and has risen 8.5 percent overall during the past year. But in his hour-long address, Biden defended his heavy spending on infrastructure and his push to make wealthy individuals and corporations “pay their fair share.” Biden said that his policies foster competition among companies of many different profiles in numerous sectors, from internet servicing to meat processing.“We’re helping smaller companies get into the game to compete and help bring down the overall prices. The bottom line is, easing these bottlenecks, and making our supply chains more secure, is a major focus of my economic strategy, so things move more quickly, prices go down, not up,” the president said.
“Some parts of my plan I’ve been able to get done on my own, without congressional approval. Some parts are being held up by Congress. But all of my plan is focused on lowering costs for the average family in America, to give them just a little bit of breathing room,” he continued.
In the course of his speech, Biden repeatedly attacked what he called the “MAGA wing” of the Republican Party’s economic plans and proposals, and he singled out Sen. Rick Scott of Florida for criticism, misidentifying the senator’s state as Wisconsin.
Biden remarked, “What’s the Congressional Republican plan? They don’t want to solve inflation by lowering your costs. They want to solve it by raising your taxes and lowering your income. I happen to think it’s a good thing when American families have a little more money in their pockets at the end of the month, but the Republicans in Congress don’t seem to think so. Their plan has actually made working families, is going to make working families poorer.”
GOP Hit Back
One of the most outspoken critics of the president’s speech is Scott, who sent out a tweet in the afternoon stating, “@Joe Biden has ZERO ideas to fix the inflation crisis he’s created. He just hides in the White House, blames others & lies.”“Today, following Joe Biden’s speech bizarrely blaming Senator Rick Scott and Republicans for Biden’s record-breaking inflation, Senator Scott is inviting the president to come to Florida for a debate on inflation and Biden’s disastrous economic agenda,” the release states.
In introducing his plan, Scott fully anticipated that not only Democrats but even some of his Republican colleagues would not like it. “I‘ll warn you; this plan is not for the faint of heart. It will be ridiculed by the ’woke' left, mocked by Washington insiders, and strike fear in the heart of some Republicans. At least I hope so,” he wrote.
Cruz included his own comment: “He’s really, really close to echoing Jimmy Carter and telling us to just ‘put on a sweater.’”
Other lawmakers blasted what they saw as Biden’s tendency to try to deflect blame for the state of the economy and demonize the opposition.
The offices of Sens. Marco Rubio (R-Fla.), Ted Cruz (R-Texas), Blackburn, and Tom Cotton (R-Ark.) had not replied to a request for comment as of press time.