Biden Says Republicans Will 'Crash the Economy'

The video discusses a significant reduction in the federal deficit, highlighting a $1.4 trillion decline, the largest in American history. It includes the cost of a student loan plan and emphasizes the importance of corporate tax fairness and Medicare's ability to negotiate drug prices. The video criticizes Republican tax cuts for benefiting the wealthy and increasing the deficit. It warns of potential economic threats posed by Republican plans to extend tax cuts and cut Social Security and Medicare, with a firm stance against yielding to such demands.

What was the total decline in the federal deficit mentioned in the video?

• $2 trillion

• $350 billion

• $1.4 trillion

• $1.4 billion

Which of the following measures is mentioned as a way to ensure corporations pay their fair share?

• Increasing corporate tax rates

• Cracking down on billionaire tax cheats

• Eliminating corporate taxes

• Reducing corporate tax rates

What was the primary effect of the Trump tax cuts according to the video?

• Benefited low-income families

• Reduced the federal deficit

• Increased the federal deficit

• Benefited small businesses

What is the potential impact of the Republican plan to extend the Trump tax cuts?

• Have no impact on the federal deficit

• Reduce the federal deficit by $3 trillion

• Add $3 trillion to the federal deficit

• Increase Social Security benefits

What stance does the speaker take regarding Social Security and Medicare?

• Support cutting both programs

• Yield to demands for cuts

• Firmly oppose any cuts

• Increase funding for both programs