‘It Is A Trump Economy’: Hakeem Jeffries Blasts Trump For Blaming Biden Over ‘Failed’ Economy

Forbes Breaking News

During a Congressional Democratic press briefing on Wednesday, House Minority Leader Hakeem Jeffries (D-NY) slammed President Trump for blaming former President Biden for the country’s economic troubles.

Transcript

00:00The great Hakeem Jeffries.

00:05Thank you so much, an honor and a privilege to stand here with you, Leader Schumer.

00:08Thank you for your leadership and an honor and a privilege to stand here with House Democrats and Senate Democrats,

00:15shoulder to shoulder in defense of the American people.

00:20Donald Trump's first 100 days in office have been a disaster.

00:25Donald Trump and Congressional Republicans are crashing the economy in real time,

00:33raising costs on hardworking American taxpayers and driving us toward a painful recession.

00:44This is not Joe Biden's economy, Donald.

00:49It is your economy.

00:51It is the Trump economy.

00:53It is a failed economy, and the American people know it.

01:00Council Democrats and Senate Democrats standing shoulder to shoulder are committed to building an economy

01:08that actually is affordable and makes life better for everyday Americans.

01:15We want to build an economy that lowers housing costs, lowers child care costs, lowers health care costs,

01:24lowers grocery costs, and lowers utility costs.

01:29We recognize that far too many people in this country are struggling to live paycheck to paycheck.

01:37That should not be the case in the wealthiest country in the history of the world.

01:43It's time to build an affordable economy, and it's time to build it now.

01:51Donald Trump and Congressional Republicans have failed in this task,

01:55and they're not equipped to do it because they're focused on enacting massive tax cuts for their billionaire donors like Elon Musk,

02:05and they want everyday Americans to pay for it.

02:10We are going to continue to stand up to protect Social Security and Medicare.

02:15These aren't entitlement programs.

02:20They are earned benefits.

02:22The American people have paid into those benefits, worked hard for those benefits, earned those benefits.

02:29They are earned benefits.

02:31And let me be clear with our Republican colleagues and Donald Trump.

02:34Social Security is not a Ponzi scheme.

02:37Project 2025 is a Ponzi scheme.

02:39We are going to stand up in defense of the health care of the American people.

02:50It is outrageous that Donald Trump and Congressional Republicans are trying to enact the largest cut to Medicaid in American history.

03:02They will hurt families, hurt children, hurt seniors, hurt women, hurt veterans,

03:08and hurt disabled Americans.

03:11Hospitals will close.

03:12Nursing homes will shut down.

03:16And people will die.

03:19This budget that Republicans are trying to jam down the throat to the American people

03:23at the direction of Donald Trump is unconscionable, unacceptable, and un-American.

03:31And Senate Democrats and House Democrats are going to do everything possible

03:35to stop this reckless budget in its tracks and bury it in the ground, never to rise again.

03:46Lastly, we have a message for our Republican colleagues.

03:55The House and the Senate are separate and co-equal branches of government.

04:00We don't work for Donald Trump.

04:04We don't work for Elon Musk.

04:06We don't work for far-right extremists.

04:09We work for the American people.

04:12And it's time for you to start acting like it.

04:14Or step out of the way.

04:17So we can build the type of America that allows every single person in this great country to thrive.

04:27It's now my great honor to yield.

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