Support undeniable patriot Mike Lindell (and us!). Buy from MyPillow with promo code “JDR” at checkout or call 800-862-0382.
President Biden’s just-released infrastructure proposal takes a “go big or go home” approach. Its various provisions have been tallied at $2 to $2.25 trillion in total cost, with less than half of that spending going to actual transportation infrastructure—hundreds of billions are instead funneled to “racial and environmental justice,” crony corporate subsidies, public schools, and more.
Article by Brad Polumbo from FEE.
But experts are speaking out to warn that the true cost of Biden’s bill is likely significantly higher than the (already-massive) $2+ trillion price tag.
The administration calculated its plan’s cost over an 8-year time period when legislation is usually evaluated using a 10-year timeline. This means the real cost is potentially 20 percent higher. So, too, the plan advertises many of the expenditures as “temporary” but they would likely become permanent, further raising the true cost beyond the advertised sticker price.
At least, that’s what Mercatus Center economist Robert Krol told Fox Business.
“It may have lowered the total cost of the plan, the total dollar amount,” Krol said of the Biden administration’s methods. “But that’s real shaky, because a lot of this stuff is going to be permanent. In my view, whether it’s eight years or 10 years, my guess would be it’ll understate the cost over time.”
Meanwhile, Cato Institute economist Chris Edwards says the real cost of the plan is likely closer to $2.75 trillion. The nonpartisan Committee for a Responsible Federal Budget similarly ran the numbers and projected the true cost at $2.65 trillion.
At first glance, this may sound like splitting hairs. Unfortunately, profligate federal spending is now so common that figures in the trillions don’t have a lot of meaning for most people. But the difference between $2.25 trillion and $2.75 trillion is $500 billion. That’s a lot of money—$3,500 per federal taxpayer, in fact.
Don’t wait until food shortages get REALLY bad before stocking up. Get a three-month’s supply now while it’s still available.
If President Biden wants to force through this bloated and wasteful spending package that has little to do with actual infrastructure, he should at least be honest with Americans about its true cost and argue on its merits. Instead, he’s trying to slip thousands extra out of the average federal taxpayer’s pocket without them noticing.
We Often Feel Like David Taking on Giants
Today’s Goliath is the Mainstream Media Industrial Complex that brainwashes the masses.
Our mission is very straightforward: To counter the false narratives and nefarious agendas destroying America today. It isn’t easy for obvious reasons; despite incredible growth over the last year we are still a very tiny fish in a huge media pond. But we’re fighting and we will continue to do so, Lord willing, for as long as we possibly can. The battle for America’s present and future is too important for us to back down to the giants that stand in our way.
We need help. I don’t want to say “desperately,” but the need is definitely great. If you have the means, please donate through our GivingFuel page, PayPal, or our brand new GiveSendGo page. Your generosity is what keeps these sites running and allows us to get the truth to the masses. We’ve had great success in growing but we know we can do more with your assistance.
Thank you, and God Bless!
Right now MyPillow, is BOGO. Use promo code “JDR” at checkout for maximum discounts and Ultra MAGA.