United States: Biden's economic reforms enter "hard" discussions between Democrats

Joe Biden: “I've had enough of the economic trickle down theory.

Millionaires and billionaires are doing very, very well ”.

SAUL LOEB AFP

Text by: RFI Follow

1 min

This is the topic that drives all political Washington at the moment: the divisions among Democrats in Congress over economic reforms and the two huge investment plans proposed by Joe Biden.

The president spoke on Friday, September 24 to defend his proposals.

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With our correspondent in Washington,

Guillaume Naudin

Joe Biden himself admits that discussions between progressive and moderate Democrats are deadlocked.

He received both groups.

The first, those on the left of the party, say that they will vote for the infrastructure plan only if an agreement is found on the other plan, that for social spending that the others, more centrist, find too expensive.

Joe Biden says that in the end it will all cost nothing and reiterates his idea of ​​taxing the richest more.

It's not good, it's just unfair

 " 

I've had enough of the theory of economic runoff

," said the US president.

Millionaires and billionaires do very, very well.

But hard-working people and the middle classes are suffering.

It's just about paying your fair share, damn it!

We can discuss the amount of corporate tax, But the idea that fifty, fifty large American groups that earn a total of 40 billion dollars pay nothing.

Calm down !

This is not good, it is just simply unfair. 

"

Joe Biden knows there will be ups and downs in these discussions.

He doesn't expect a quick deal on his plans.

But by the end of the year, he thinks he can get what he offered during his campaign.

►Also read

: United States: resumption of parliamentary discussions on economic reforms

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  • United States

  • Joe biden

  • Economy

  • Finance