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In State of the Union speech, Biden challenges Republicans on debt and economy

Published 02/07/2023, 06:02 AM
Updated 02/08/2023, 01:33 PM
© Reuters. FILE PHOTO: U.S. President Joe Biden delivers the State of the Union address to a joint session of Congress at the U.S. Capitol in Washington, DC, U.S, March 1, 2022.  Saul Loeb/Pool via REUTERS/File Photo

By Jeff Mason, Nandita Bose and Gram Slattery

WASHINGTON (Reuters) -President Joe Biden challenged Republicans to lift the U.S. debt ceiling and support tax policies that were friendlier to middle class Americans on Tuesday in a State of the Union speech that served as a blueprint for his 2024 re-election campaign.

Assailing oil companies for making high profits and corporate America for taking advantage of consumers, Biden used his prime time speech to outline progressive priorities of his Democratic Party that are anathema to many Republican lawmakers.

Making his first address to a joint session of Congress since Republicans took control of the House of Representatives in January, Biden pledged to work with opposition lawmakers even as he sparred with them in the chamber.

"To my Republican friends, if we could work together in the last Congress, there is no reason we can’t work together and find consensus on important things in this Congress as well," he said.

Some Republicans heckled and jeered him at times during a speech that lasted some 73 minutes.

Biden took them on, challenging Republicans to raise the $31.4 trillion debt ceiling, which must be lifted in the coming months to avoid a default. The White House has said Biden will not negotiate over that necessity; Republicans want spending cuts in exchange for their support.

"Some of my Republican friends want to take the economy hostage - I get it - unless I agree to their economic plans. All of you at home should know what those plans are. Instead of making the wealthy pay their fair share, some Republicans ... want Medicare and Social Security to sunset," he said, drawing boos.

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He then urged lawmakers to stand up for senior citizens, which they did, prompting Biden to claim victory. "I enjoy conversion," he quipped, suggesting such cuts to the social safety net programs popular with voters were now off the table.

The back and forth underscored Biden's apparent comfort in Congress, where he engaged in debates as a U.S. senator for 36 years.

"Joe Biden sparring with the crowd and winning wasn’t something I expected," said former Representative Adam Kinzinger, a Republican, on Twitter.

The president called for reforms in policing after Tyre Nichols, a Black man, died last month after being beaten by officers in Memphis, Tennessee. Nichols' mother and stepfather were among the guests at the speech.

Highlighting topics that could feature prominently in a re-election campaign, Biden said the economy was benefiting from 12 million new jobs, COVID-19 no longer controls American lives, and U.S. democracy remains intact despite facing its biggest threat since the Civil War.

"Today, though bruised, our democracy remains unbowed and unbroken," he said.

As a candidate in 2020 and at his inauguration in 2021, shortly after the Jan. 6 attack on the U.S. Capitol, Biden said he wanted to unify the country. And he stuck to that theme, highlighting a massive infrastructure bill and ribbing Republican lawmakers who opposed it.

"I want to thank my Republican friends who voted for the law," he said. "My Republican friends who voted against it ... I still get asked to fund the projects in those districts as well, but don’t worry, I promised I'd be a president for all Americans."

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POLL PROBLEMS

Despite his efforts, Biden remains unpopular.

His public approval rating edged one percentage point higher to 41% in a Reuters/Ipsos opinion poll that closed on Sunday. That is close to the lowest level of his presidency, with 65% of Americans saying they believe the country is on the wrong track, compared to 58% a year earlier.

Similarly, in the autumn of 2020, when Donald Trump was president, 65% of registered voters believed the country was on the wrong track, according to Reuters/Ipsos polling.

Arkansas Governor Sarah Huckabee Sanders, who once served as press secretary for Trump, rejected Biden's upbeat vision of the country in her Republican response to his address.

“In the radical left’s America, Washington taxes you and lights your hard-earned money on fire. But you get crushed with high gas prices, empty grocery shelves, and our children are taught to hate one another on account of their race,” Sanders said in her televised remarks.

Biden aides see the speech as a milestone ahead of the second presidential campaign he is expected to launch in coming weeks.

Biden turned 80 in November and, if re-elected, would be 82 at the start of a second term, a fact that concerns many Democratic voters, recent polls show.

DIVIDED REPUBLICANS

Biden faced a splintered gathering of Republican lawmakers, eager to put their conservative mark on U.S. policy following four years of Democratic control of the House.

Speaker Kevin McCarthy, a Republican who has faced challenges unifying lawmakers from his party, sat behind Biden during the address for the first time. “Mr. Speaker, I don’t want to ruin your reputation, but I look forward to working with you," Biden said, drawing laughs.

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McCarthy and Vice President Kamala Harris smiled and chatted from the dais before Biden's arrival.

I respect the other side," McCarthy said earlier on Tuesday in a video. "I can disagree on policy. But I want to make sure this country is stronger, economically sound, energy independent, secure and accountable."

Some House Republican lawmakers have questioned Biden's victory in the 2020 presidential race against Trump, vowing to investigate his Cabinet and family.

Biden hailed the resilience and strength of the U.S. economy, with unemployment having dropped to a nearly 54-year low in January.

He hammered corporations for profiteering from the pandemic and ran through a wish list of economic proposals, many of which are unlikely to be passed by Congress. They included a minimum tax for billionaires and a quadrupling of the tax on corporate stock buybacks.

Biden was especially critical of oil companies' profits. "I think it's outrageous," he said. He said the United States would need oil for at least another decade, drawing laughter from some in the chamber.

Latest comments

Both parties are for the top rich people. Compare to other countries in the world, average American are getting a lot poor and insecure every day. Time for more new parties from working American to be in charge and to save America.
"Compare to other countries in the world, average American are getting a lot poor" --  What data is that based on?
US GDP used to be around 45% of the world GDP, but it is just about 18% by the end of 2022. If talking about PPP, US PPP is well below 15% of the world GDP. According to IMF, in 2023, India  GDP will grow over 8%, Indonesia over 6.4%, China over 5.7% ..... But US is merely 0.5-1%
  To add context, US population is about 4.25% of world population.
in a sing!e Republican 4 year presidential term, under Trump, the national debt increased by 20% ....
so you would have preferred for people to starve, businesses to close or people to pass from covid? Biden is getting close in 2 years
under trump the billionaires increased their wealth by 1 trillion, while ordinary Americans' disposable income fell..
real estate bubble included, is the only way you can make that statement. what is the US savings rate? it's below pre pandemic level
  A very rich person can have no income at all, and therefore not saving any money, just spending money.  Saving rate is NOT a metric to say if a person or country is rich or poor.  What is your financial iq?
the amount of free capital is the definition of wealth. you cannot eat your house. house can be taken away for many reasons.
Republicans have no policy just crying and complaining like the Karens and weak betas they have almost all become. Voters dont care about your conspiracies.
another hot take from Ben McIntyre #bringbackyourcuteprofilepic
Thee only way they can get their base to vote is to keep them on edge and triggered. Very similar to how the Southern rich got the southern poor white to vote for the rich's interest and against the poor's interest by demonizing the blacks.  Today's Republicans are more similar to yesterday's  Southern Democrats than to yesterday's Republicans. Today's Republican base is more in the  south than north.
STARS AND STRIPES
OK, Salt and Pepper, Cheech and Chong.....
Biden is a criminal; his policies, his plans, is objectives hold no rule of law. That's the cause; the effect is [ America on the DOWN LOW ].
what court convicted him of election rigging? court of CNN, maybe
  Why would a court convict Trump of election riggings that Trump has been alleging others committed  You're not making sense.
one is a fact and the other is a liberal fantasy
no oratory genius, but a step up from trump for sure. kudos for holding out an olive branch, however, it's probably lost on the republicans, being the self-serving, spoilt children they are..
Reuters is a libtaarrrd trash media company.
stop reading it, go back to your cave, and tune in to the very beacons of unbiased, truthful and objective information, russia today and fox news. problem solved..
John is triggered and cucked as usual! What a weak beta male you are. Need a safe space???
Its a sad commentary on the knuckledraggers when a recitation of the facts is perceived as liberal.
Market was up during regular trading hrs before Biden spoke and it's up since he spoke.
This is great! I love this guy!
You mean Blunder Butt lying Canieving Big Guy? The only -person Joe the Big guy works with is Hunter , ukraine and china under the table with our 100's of Billions of Dollars..The Blunder butt crime family
  A logical & intelligent person would counter w/ more data.  An idiot conman would avoid using data since he'll have to make bs up & be fact-checked, and counter w/ more name-calling instead.
  Retrumplicans don't counter-argue w/ facts.  When they try, they get fact-checked and proven wrong.  So they just go w/ more name-calling.
please provide link
he is the worst as is his administration
Biden is a perennial liar.
....and crook.....
Nothing about his open borders
you just come back from the Mexico U.S. border?
I thought the Trump Wall solved that border/illegal immigrant issue?  The Orange Messiah said so himself.....
@First, the border patrol union says it's open.
Democrats are the worst. they are either spinning half truths or outright lies, taking credit for the successes of others, or presenting sales pitches as for more of the same. Republicans arent better, but Democrats still come from the same bag of M&Ms.
Seems like you don't know the meaning of the word worst.
I'm pretty sure he does. seems accurate
"Democrats are the worst......Republicans arent better" -- So how are democrats the worst when Republicans aren't any better???
undo trumps tax breaks to the wealthy and tax them as much, percentage wise, as the ordinary man. a fair deal
they weren't just to the Rich d.a. Fake News hint hint
No increase in taxes on any level is pro growth, jobs and capitalism.  It is a cover-up for the governments’s excessive spending causing a constant debt ceiling.  I acknowledge there needs to be some police re-education as to force and cause for use of weapons.  However, we need criminal reform first and foremost.  It is sad when policemen are now the criminals.  Things need to improve/change for the better, which includes a focus on criminal reform and rights as much as police reform and rights.
Higher taxes will help slow the economy. People will have even less money to buy over inflated goods and overvalued stocks.
Amen!
I guess we forgot Joe's campaign promise to raise corporate taxes.
Bible Brad weighs in with religious agreement.
he is going to end the extreme socialist push. glad to hear that. Not going to get any new taxes past. cut spending
Want some Swamp Land in Arizona real cheap?
Like everything else about Biden, his communication skills stink. Biden/Harris: Turn in your pay vouchers, turn in your travel allowance and RESIGN.
Lol and trump was a poet?
Better than Bribem!
Trump was and is Real... joe the big guy lies cheats and steals along with HUNTER...Catch up Sleepy
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