Last year’s $1.9 trillion COVID-19 spending plan approved by the Democratic majority in Congress rescued the economy, Rep. Hakeem Jeffries said during an interview on CBS News’ “Face The Nation” on Sunday.
“This is a difficult time for our country, but President Biden has been very decisive in his leadership, beginning with the American Rescue Plan. We rescued the economy, put shots in the guns and money in the pockets, kids went back to school, and laid the foundation for a strong economic recovery that has led to the creation of more than 8 million good-paying jobs and unemployment of 3 .6%,” said Mr. Jeffries of New York, chairman of the Democratic Caucus.
Republicans are criticizing Democrats over the spending plan, singling out Morgan Stanley report which blames the highest inflation in 40 years on the $1.9 trillion package approved in March 2021.
With gas prices above $4.50 and former Federal Reserve Chairman Ben Bernanke telling the New York Times that the US ‘reckless stimulus bill’.
However, Jeffries says that Democrats, with the help of Biden, will get through this year’s midterm congressional elections, despite “incredibly difficult circumstances.”
“I am very confident that we will be able to keep the majority. President Biden has done a very good job. Under incredibly difficult circumstances, I understand that the electorate will, of course, be unsettled,” he said. Experiencing COVID fatigue, inflationary pressures, high gas prices, a war in Ukraine, a radical extremist Republican Party that no longer seems to believe in democracy.
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