Biden has introduced a monstrous spending bill ostensibly aimed at shoring up and expanding America’s crumbling infrastructure, but as usual, there are a lot of things in this bill that are completely unrelated to ‘infrastructure.’ This from Trending Politics.
Noteworthy is that democrats are world class champions at pissing away money. And it’s money that America will never be able to pay back and the democrats are using it to pay off favors, grease palms, and buy votes. This speaks volumes about the lack of ethics of those elected politicians.
Breitbart News broke down much of the bill but here are the most outrageous line items:
— $400 billion toward expanding access to quality, affordable home- or community-based care for aging relatives and people with disabilities.
— $213 billion to produce, preserve, and retrofit more than two million affordable and sustainable places to live (and we know who will and who won’t ‘qualify’ for these homes, don’t we?)
— $174 billion to win the electric vehicle market
— $80 billion to address Amtrak’s repair backlog; modernize the high traffic Northeast Corridor; improve existing corridors and connect new city pairs (when will we learn that train travel as Amtrak does it is obsolete? Now bullet trains, that’s something else)
— $56 billion in grants and low-cost flexible loans to states, Tribes, territories, and disadvantaged communities across the country
— $50 billion to create a new office at the Department of Commerce dedicated to monitoring domestic industrial capacity (obviously multi-year funding but $50 billion for a new agency?)
— $48 billion in American workforce development infrastructure and worker protection (huh?)
— $40 billion investment in a new Dislocated Workers Program and sector-based training (this is just a sinkhole; have you ever met anyone who said, ‘I got this job through a federal jobs program’?)
— $40 billion to improve the infrastructure of the public housing system in America
— $30 billion in additional funding for R&D that spurs innovation and job creation, including in rural areas (see above ‘sinkhole’ comment)
— $25 billion in airports (only $25 billion?)
— $20 billion for a program that will reconnect neighborhoods cut off by historic investments and ensure new projects increase opportunity, advance racial equity and environmental justice, and promote affordable access (sinkhole, sinkhole, sinkhole)
This Biden Infrastructure Bill would spend hundreds of billions on worthwhile projects but the above list of seemingly superfluous projects adds up to $1.176T of the intended $2.2T total.
To finance this monstrosity, Biden, like any democrat, wants to impose new taxes and of course, he’s targeting Corporate America, the sector of our economy that produces jobs.
In fact, according to sources who spoke to the Washington Post, the idea is to repeal all of President Trump’s 2017 tax reform law and ‘make corporate taxes high again.’
And what about the grand total of this national debt?
The Congressional Budget Office issued a report in February noting that over the next 10 years at current rates of spending, our national debt is going to be even more impossible to pay off: $35 trillion.
But what the hell — to quote Senator Everett Dirksen (R-IL): “A billion here, a billion there, and pretty soon you’re talking real money.” Perhaps we can take comfort here in the thought that it’s not “real money” yet.
