When asked about comments made by former President Trump concerning debt negotiations in 2019, Donalds responded that “our economy was thriving” and that “our debt levels were not where they are right now” when Trump was negotiating the debt ceiling with Rep. Nancy Pelosi, D-Calif.
Donalds said returning to spending levels before the pandemic was common sense, given that the United States now owes $32 trillion on its credit cards.
They advocate for fewer IRS employees and fewer efforts to deposit tax payments into federal coffers correctly. Todd argues that he cannot fathom the reluctance to hire more IRS officers without intentional tax fraud.
Donalds retorted that the assertion was salacious.
While most citizens do the right thing when paying taxes, House Republicans and the Republican Party are worried about the IRS going after middle-class families and small businesses. It’s not to go after the wealthy; you need so many more agents. The middle class is the target. Donalds explained that this was the intention.
Todd responded, “You have nothing to worry about if you pay what you are supposed to.”
According to Donalds, all Joe Biden cares about is squeezing every last cent out of every American’s couch so he can keep spending.
On Sunday, Republican House Speaker Kevin McCarthy of California accused President Joe Biden of making a U-turn on the debt discussions.
During his news conference from Hiroshima following the summit’s conclusion, President Biden blamed “MAGA Republicans” for derailing debt negotiations to sabotage his re-election bid in 2024.
Biden implied that some MAGA Republicans in the House know the damage it would bring to the economy, and that’s the one surefire method to prevent his second term.