President Joe Biden said Republicans were “fiscally crazy” during a speech at a Martin Luther King Day event on Monday, amid calls from the GOP for more transparency regarding the president’s mismanagement of the classified documents.
The president began by asserting that Democrats are fiscally responsible, before lashing out at Republicans who have criticized his administration’s spending.
“You’re going to be talking about big-spending Democrats again,” Biden said during a speech at the National Action Network’s Martin Luther King, Jr. Day Breakfast, referring to Republicans who have frequently called on the president to sign massive spending bills into law. middle of a recession.
“Guess what,” the president whispered into his microphone, “I cut the deficit last year by three hundred and fifty billion dollars.”
BIDEN REPEATS DOUBTFUL CLAIM HE ATTENDED BLACK CHURCH DURING CIVIL RIGHTS MOVEMENT
“These guys, they’re fiscally insane. They don’t quite understand,” Biden said, sparking laughter from the crowd, before quickly returning to the teleprompter and reading the rest of his speech.
Biden continued to tout his trillion-dollar spending throughout the speech, as inflation hit a 40-year high of 9.1% in June and gasoline prices soared throughout the country under his supervision.
In November, the Biden administration claimed it was responsible for the historic reduction in the federal deficit, ignoring other major contributing factors that led to the decrease.
BIDEN SLAMMED FOR LYING ‘WITH EASE AND COMFORT’ ON CLASSIFIED DOCUMENTS: ‘PATHOLOGICAL’ IN NATURE
“The Biden-Harris administration has reduced the deficit with the largest one-year reduction in American history,” the White House tweeted.
Twitter users were quick to point out that despite the reduction, “the FY22 deficit is still the 4th largest in history and is 41% larger than FY19” and pointed out that the high deficits related to COVID played a significant role in the decline.
CLICK HERE TO GET THE FOX NEWS APP
Biden’s comment comes just days after multiple batches of classified documents were discovered both in his office at the Penn Biden Center and in his home in Delaware, a repossession that sparked a backlash from the GOP after the President had called former President Trump “irresponsible” for keeping classified documents after leaving office.