All of this and more is part of the biggest expansion of the entitlement state since the 1960s, and maybe ever. House Democrats say the bill spends roughly $2 trillion over 10 years, but that’s because they use gimmicks such as phasing-out programs that they have no intention of phasing out. Independent analysts put it closer to $5 trillion over a decade if the programs are made permanent.
Democrats say their specific programs are popular—who doesn’t love free child care? But voters understand that nothing is free from the government, and polls are starting to show that voters think they will end up paying for it. They are right. There are only so many rich people to soak, and Democrats are cutting taxes for most of them.
Americans have also begun to link the flood of government spending to inflation, which is acting like another tax. With this bill, passed in the wake of their nationwide election drubbing this month, Democrats are underscoring that they are the inflation party.
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