During his primetime address to the nation last Friday, President Joe Biden not only celebrated the bipartisan deal he struck to avoid U.S. debt default, he laid down a marker for one of his future goals.
"Republicans may not like it, but I'm going to make sure the wealthy pay their fair share," Biden said, explaining that he had proposed closing over a dozen tax loopholes for Big Oil, hedge fund billionaires, and others that would have saved taxpayers billions of dollars.
"Republicans defended every single one of these special interest loopholes. Every single one," he said. "But I’m going to be coming back. And with your help, I’m going to win."