Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine

At a press conference Sunday following the G7 summit in Hiroshima, Japan, President Joe Biden called on Republican House Speaker Kevin McCarthy to meet face to face to revive talks on a bipartisan plan to slash social spending in return for raising the nation’s debt ceiling and averting a default.

Biden proposes $1 trillion in social spending cuts after announcing $375 million more for war in Ukraine