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How Biden Could Corner McCarthy In Deficit Talks
The Biden administration released a proposed budget back in March that was actually pretty good. Now he's entering negotiations over the debt ceiling with Kevin McCarthy, how can he use the budget deficit talks to still get some of his priorities through.
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Joe Biden unveiled his budget I guess it was yesterday. And I have to say as far as these documents go and again it's not going to be approved by Republicans. And it probably wouldn't have been approved by Joe Manchin if the Republicans hadn't controlled the house. but it's a pretty good-looking budget as it were. It's excellent. I mean it's exactly what you would hope that a Democratic president would propose. And as you say it's not going anywhere. These presidential budgets usually don't go anywhere even if they have a big majority in Congress. There are so many things that enter into whether or not you know it's going to be approved. That everybody's got their own hobby horses and what have you. But what it does do and it's especially important at this point in the election cycle is that it has the president putting out his priorities and setting the stage for the economic agenda for the Democratic party going forward. And to that extent this is pretty. I mean I can't say that I'm unhappy with what he put out. because if that's the case if that's where they're going they're not backing off on the economic issues that they sort of were pushing in the first two years. and are basically going to push forward with presenting those things to the public as the Democratic platform and economic platform and agenda. So it's you know I think it's pretty good news to the extent that it does that. None of you know it's not going to pass obviously. We're about to go into a complete you know nightmare of you know a showdown over here over the debt ceiling and all this stuff is going to fall away. But at least he's put out a marker. This is what we believe in here and these guys over here let's see what they come up with.
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