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Hakeem Jeffries Slams Trump And The GOP's Economic Agenda: ‘They Are Crashing The Economy In Real Time’
Forbes Breaking News
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5/7/2025
During Tuesday's House Democratic leadership press briefing, House Democratic Leader Hakeem Jeffries discussed President Trump's economic policies.
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00:00
To follow up on that GAO report, the more recent version has about $31 billion, if I recall,
00:04
and about 80% of that is essentially documentation paperwork errors.
00:09
That still leaves like $6 billion a year.
00:11
They could be abusive or fraud.
00:14
Is that the kind of thing Democrats are willing to look at,
00:16
or is the reconciliation process too partisan and you can't even go there?
00:21
Well, the reconciliation process is hyper-partisan,
00:23
and it's all being done in service of enacting extreme right-wing policy proposals
00:31
that they want to visit upon the American people,
00:34
in many instances doing great damage to the American people in rural America
00:39
or the heartland of America, small-town America, urban America,
00:43
and suburban and exurban America as well.
00:46
We have made clear from the very beginning that we're interested in trying to find
00:51
any bipartisan common ground to solve problems on behalf of the American people,
00:56
including making the federal government the most efficient that it can be.
01:01
We also want to bring about an affordable economy
01:04
that actually makes life better for everyday Americans.
01:07
Nothing in this reconciliation process is designed to actually solve problems
01:13
for everyday Americans, improve the economy, or lower costs.
01:17
In fact, what we see from Donald Trump and Republicans
01:20
is that they actually are crashing the economy in real time,
01:25
raising costs through their reckless tariff scheme,
01:28
and driving us toward a recession.
01:32
And on top of all the damage that they're doing relative to the economy,
01:38
they want to jam this extreme budget down the throats of the American people
01:41
that will take away health care and nutritional assistance,
01:45
which is why we're just urging a handful of Republicans
01:49
to join us on behalf of the American people
01:53
so that Congress gets the message,
01:57
hands off Medicaid and SNAP.
02:01
Thanks, guys.
02:02
Thanks, guys.
02:03
Thanks, guys.
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