'Not on my watch' -Biden vows veto of GOP budget plans

STORY: In his first major economic speech of the year, Biden promoted his record on the U.S. economy, including the creation of more manufacturing jobs, a low unemployment rate and better-than-expected economic growth figures, and lay into the new policies proposed by some Republicans.

"They want to raise your gas prices. They want to cut taxes for billionaires," Biden said. "They want to impose a 30 percent national sales tax," he added.

Biden, who is laying the groundwork for a bid for re-election in 2024, told union members in Springfield, Virginia that he would veto any such bills. "Not on my watch, I will veto everything they send us," he said.