McCarthy blasts Biden's 'Christmas wishlist' - Breaking The News
Download our appPlay StoreApp Store

McCarthy blasts Biden's 'Christmas wishlist'

EPA-EFE/MICHAEL REYNOLDS

United States House of Representatives Minority Leader Kevin McCarthy (pictured) criticized US President Joe Biden's economic agenda, mockingly describing it as a "Christmas wishlist."

McCarthy took to Twitter and claimed that Biden's Build Back Better agenda will "make Americans pay more for less," and "eliminate clean American energy production to make [the US] more dependent on Russia and OPEC."

The Republican has repeatedly castigated Biden's spending bills, urging the Democrats to abandon the plans to adopt the legislation and calling it a "Socialist Spending Scam."

Related News
Johnson says talks on Trump agenda moving faster
United States House Speaker Mike Johnson said he felt optimistic after meeting with Senate Republican Leader John Thune on budget reconciliation. Johnson told reporters that the House and Senate are becoming more aligned on spending cuts, and he believes the two chambers are "getting very close." He mentioned that discussions have gained momentum but highlighted that some details remain unresolved. He also said there is strong agreement on...
Trump: EU, NATO treat US badly because of Biden
United States President Donald Trump stressed on Tuesday that he does not "blame" the European Union and the North Atlantic Treaty Organization (NATO) for treating his country unfairly but his predecessor, Joe Biden.Speaking to the press at the White House, Trump insisted he has made other members of the alliance pledge to increase their defense spending, particularly amid the still ongoing conflict in Ukraine. He noted the impact of the crisis on Europe,...
Trump slams Biden's chip act as 'disaster'
United States President Donald Trump on Monday referred to the Chips and Science Act enabled by his predecessor Joe Biden as a "disaster," while also noting that companies are moving back to the US because of his administration's policies.The president said investment numbers surpassed expectations, adding that the current administration "probably identified maybe $4 trillion worth of companies moving back or going to move back," adding the...
German upper house passes €500B spending pack
Germany's Bundesrat, the upper house of the country's parliament, voted on Friday in favor of the debt brake reform and €500 billion spending package, after the Bundestag's approval.The package, which was jointly pushed by the German Christian Democratic Union (CDU), the Christian Social Union (CSU), the Social Democratic Party (SPD), and the Greens, has now cleared the final legislative hurdle, with 53 "yes" votes. The bill needed 46 out of a total of 69...

Please observe our Terms of Use. The price information is time delayed to varying extents, but as a rule by 15 minutes or more, according to the regulations of the selected stock exchange and/or licensors and the type of securities.

© 2025 TeleTrader Software GmbH. All rights reserved

This website uses cookies to ensure you get the best experience. Our Terms of Use and Data Protection Policy explain the data we collect, why we collect them, and how we may share them.