Biden has said: I won't let Republicans wreck the economy.

Biden has said: I won't let Republicans wreck the economy.

He said this with Democratic leaders in Congress.

“I love their 30 percent sales tax,” Biden said. “We want to talk a lot about that, but, look, I have no intention of letting the Republicans wreck our economy, nor does anybody around this table in my view.”

“Apparently, they’re genuinely serious about cutting Social Security, cutting Medicare,” he added.

“Americans are starting to feeling the effects of some of the laws that we passed,” he said. “We’re in a situation where we promised folks on Medicare their insulin was going to go from about 400 bucks a month to 35 bucks a month, but it was a promise. Well, guess what, as of Jan. 1, it’s a reality.”

Senate Majority Leader Chuck Schumer mirrored the sentiment, saying at the White House, “One of the things we want to do on the debt ceiling is say to the Republicans: Show us your plan. Let’s see what their plan is on the debt ceiling."