Article 64S5Y Joe Biden calls Liz Truss tax cuts a ‘mistake’ as political fallout continues

Joe Biden calls Liz Truss tax cuts a ‘mistake’ as political fallout continues

by
Pippa Crerar Political editor
from US news | The Guardian on (#64S5Y)

US president rejects cutting taxes on the super-wealthy' and says he is not the only world leader critical of abandoned plan

Joe Biden has called Liz Truss's abandoned economic plan that sent financial markets into chaos and caused a sharp drop in the value of the pound a mistake" as criticism of her approach continued.

The US president hinted that other world leaders felt the same way about her disastrous mini-budget, saying he wasn't the only one" who had concerns over the lack of sound policy" in other countries.

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