Joe Biden has called Liz Truss’s abandoned UK tax cut plan a “mistake” and said he is worried that other nations’ fiscal policies may hurt the US amid “worldwide inflation”.
Biden said it was “predictable” that the new British prime minister was forced on Friday to walk back plans to aggressively cut taxes without identifying cost savings, after Truss’s proposal caused turmoil in global financial markets.
It marked an unusual criticism by a US president of the domestic policy decisions of one of its closest allies.
“I wasn’t the only one that thought it was a mistake,” Biden said. ““I think that the idea of cutting taxes on the super-wealthy at a time when … I disagree with the policy, but that’s up to Great Britain.” He criticised a lack of “sound policy” in other countries in regard to economic growth.
Biden’s comments came after weeks of White House officials declining to criticise Truss’s…
