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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.
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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.
Will America-First News Outlets Make it to 2023?
Things are looking grim for conservative and populist news sites.
There’s something happening behind the scenes at several popular conservative news outlets. 2021 was bad, but 2022 is proving to be disastrous for news sites that aren’t “playing ball” with the corporate media narrative. It’s being said that advertisers are cracking down, forcing some of the biggest ad networks like Google and Yahoo to pull their inventory from conservative outlets. This has had two major effects. First, it has cooled most conservative outlets from discussing “taboo” topics like Pandemic Panic Theater, voter fraud, or The Great Reset. Second, it has isolated those ad networks that aren’t playing ball.
Certain topics are anathema for most ad networks. Speaking out against vaccines or vaccine mandates is a certain path to being demonetized. Highlighting voter fraud in the 2020 and future elections is another instant advertising death penalty. Throw in truthful stories about climate change hysteria, Critical Race Theory, and the border crisis and it’s easy to understand how difficult it is for America-First news outlets to spread the facts, share conservative opinions, and still pay the bills.
Without naming names, I have been told of several news outlets who have been forced to either consolidate with larger organizations or who have backed down on covering certain topics out of fear of being “canceled” by the ad networks. I get it. This is a business for many of us and it’s not very profitable. Those of us who do this for a living are often barely squeaking by, so loss of additional revenue can often mean being forced to make cuts. That means not being able to cover the topics properly. Its a Catch-22: Tell the truth and lose the money necessary to keep telling the truth, or avoid the truth and make enough money to survive. Those who have chosen survival simply aren’t able to spread the truth properly.
We will never avoid the truth. The Lord will provide if it is His will. Our job is simply to share the facts, spread the Gospel, and educate as many Americans as possible while exposing the forces of evil.
To those who have the means, we ask that you please donate. We have options available now, but there is no telling when those options will cancel us. We just launched a new GiveSendGo page. We also have our GivingFuel page. There have been many who have been canceled by PayPal, but for now it’s still an option. 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!
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