and what is that plan? some republicans say they will cut social security and medicare. some say they are not. some republicans cover 30% national sales tax. is that by the plan or is it not part of the plan? what will they cut? look, we ve heard some republicans talk about some ghastly cuts on disabled veterans, on food stamps for children, on repealing obamacare again. that s part of some people s plans. once again, we re going back up that hill, one more time of repealing obamacare. and we could cut that deficit more than any of that cruelty by simply asking billionaires to pay the same tax rate that teachers and firefighters do. 500 billion dollars in the next ten years towards deficit reduction or critical investment. so, the conversation the president and speaker had is that joe biden has priorities, i m prepared to put a very concrete plan on the table, and you should do the same. and i will talk, we ll see where we agree, where we disagree, are there grounds for compromise, are
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intends to put on the table, on march 9th, a specific plan, a detailed plan, to lower the deficit by a trillion dollars without cuts in programs like social security and medicare, without diminishing our economic growth, without raising taxes on people who make less than $400,000 a year, by making sure that the wealthy and the big corporations pay their fair share of taxes. and he challenged speaker mccarthy to do the same thing, to come up with his plan to lower the deficit, help with our that problem, without damaging our economy, without hurting people who shouldn t be heard. in the driveway leaving the west wing, the speaker said pretty much everything you d want him to say. he said it was a good first meeting. he gets back up to capitol hill. and out there, he says, well, you know, biden s going to have to negotiate on what we want without saying exactly what they want. will there as the president say to kevin mccarthy today, there will be
clear, he s willing to talk to house republicans and house democrats and everyone on capitol hill about how we could improve our fiscal situation as a country. look, he s the president that has brought the deficit down more than any president in the history, just his first two years in office. his credibility on this is very strong. and we are, as we said, we re going to put out a very specific plan that shows the path forward to cut the deficit by the trillion dollars. the really issue is do the republicans have a plan? and what is that plan? some republicans say they will cut social security and medicare. some say they are not. some republicans cover 30% national sales tax. is that by the plan or is it not part of the plan? what will they cut? look, we ve heard some republicans talk about some ghastly cuts on disabled