Biden backs off deficit spending with infrastructure push

President Joe Biden reiterated his vow not to borrow to pay for his new infrastructure package Thursday, insisting the estimated $4 trillion package will be financed with revenue and not debt.

“I’m going to meet with Republicans next week when they come back and seriously meet with them. I’m willing to compromise,” Biden said, speaking from the White House State Dining Room. “But I’m not willing to not pay for what we’re talking about.”