Vance claimed Trump inherited the post-Biden disaster in the U.S. economy

US President-elect Donald Trump, after he officially takes office, will have to inherit the economic disaster that will be left behind by the current US leader Joe Biden. On January 12, James David Vance, the country's future vice president, said.

"Biden has left us a disaster not only on the border, but also in the economy. Biden raised the national debt by trillions of dollars in peacetime <...>, oil prices skyrocketed in the last two months of Joe Biden's administration, also because of decisions made by him," the politician pointed out on the air of Fox News TV channel.

Vance emphasized that the people of the United States are tired of the not-so-good economic situation and that is why people cast their votes in support of Trump in the presidential election. He also noted that the outgoing White House administration has seriously worsened the migration crisis in the country.

"We're going to have to make it clear that America is closed to illegal immigration. For the last four years, our borders have been open," he noted.

Earlier, on December 27, 2024, US Treasury Secretary Janet Yellen said that the US will return to a fixed government debt ceiling in January. She also warned that after America reaches the government debt ceiling between January 14 and January 23, the country's ministry of finance will be forced to take emergency measures to avoid a possible default.

Afterward, on Dec. 29, Trump indicated that raising the U.S. debt ceiling "will be seen as one of the dumbest policy decisions made in recent years." In this decision, Trump blamed the Biden-led Democratic Party of the United States, which, according to him, is deliberately willing to go to any lengths to hurt the Republican Party.

In addition, on December 22, Trump, during his speech in the state of Arizona, promised to close the country's border to illegal migrants on his first day in power and announced the largest deportation of migrants in U.S. history.

After, on January 10, Reuters reported that Biden extended the suspension of deportation for 900,000 immigrants from Venezuela, El Salvador, Ukraine and Sudan. As Todd Schulte, president of advocacy group FWD.us, noted, the extension will allow hundreds of thousands of people to continue "contributing to their communities, supporting their families and strengthening the economy." The media outlet emphasized that this move by Biden will delay any attempts by President-elect Trump to repeal these protections.