DEBT LIMIT: Groundwork Reacts to President Biden’s Strong Debt Limit Stand

February 9, 2023

DEBT LIMIT: Groundwork Reacts to President Biden’s Strong Debt Limit Stand, Call for Wealthiest Americans and Biggest Corporations to Pay Fair Share

Today, Groundwork Collaborative’s Executive Director Lindsay Owens released the following statement in response to President Biden’s State of the Union address. During the hour and 10-minute speech, the President recommitted to protecting Social Security and Medicare, rejected debt limit threats and brinkmanship, doubled down on his push for additional public investments, and called on the wealthiest Americans and biggest corporations to pay their fair share.

“Last night, President Biden doubled down on his commitment to protect critical investments in our economy and ensure the wealthiest Americans and biggest corporations finally pay their fair share.

“It was great to see President Biden shut down the so-called deficit hawks intent on making devastating cuts to Social Security, Medicare, and other critical investments. The first place anyone should look for budget savings is the trillions of dollars in tax giveaways to the biggest corporations and those who can afford it most.”