Biden’s aims will bankrupt a generation

Everything that comes from Washington, DC, costs more than the price tag, but if you take that $2 trillion number at face value and combine it with the $1.9 trillion Biden and the Democrats already spent in their COVID relief bill (most of which had nothing to do with COVID relief), we’re talking $31,758 of new spending for every household in the United States. That’s more than all the wealth of all the nation’s billionaires put together.

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And that’s on top of our annual $4.48 trillion budget, and before you add in another $2 trillion in education, childcare and social program spending reportedly on the way soon. Alexandria Ocasio-Cortez says of the Biden plan, “This is not nearly enough.” Given that the median household income in the United States was $65,712 before the pandemic, Biden is on his way to blowing through an entire year’s budget for every family in the country. When the president calls this a “once-in-a-generation investment,” he means that after he’s done, we will be broke for a generation.

Biden to announce up to $4 trillion infrastructure plan with massive tax hikes
Guess who gets stuck with the bill? Biden says he will raise taxes on corporations, although even his pencil-pushers admit that they need 15 years’ worth of taxes to cover the first eight years’ worth of spending.

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