It would seem the days of being shell shocked at the price tag of the liberal progressive agenda is gone. We used to get upset at billion dollar bills but now we have seen nothing but bills costing taxpayers trillions of dollars, not just one trillion but $3-4 trillion. Conservatives want to know where the money will come from and apparently Joe Biden is preparing to answer the call.
The White House confirmed Monday that Joe Biden will outline how he would pay for his $3 trillion to $4 trillion plan to overhaul America’s infrastructure on Wednesday.
There is no doubt the proposal will include major tax increases that will affect most Americans in some form which Biden outlined on the campaign trail. Just wait until the millions of Americans who never voted before, that were lulled into thinking Biden was the only way, begin to feel the effects of all of this insanity in their pocketbooks through continued unemployment, inflation, and complete decimation of the middle class.
Biden will lay out the plan, under the guise of rebuilding roads and bridges but will be stuffed full of his liberal progressive agenda including climate change and “income equality” issues, in Pittsburgh, Pennsylvania.
“The president has a plan to fix the infrastructure of our country … and he has a plan to pay for it,” White House spokeswoman Jen Psaki told reporters.
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She did not elaborate, but some economists and analysts say the proposal may include the biggest overall tax increase in decades. While campaigning for president ahead of the November 2020 election, Biden proposed rolling back corporate tax reduction and increasing taxes on the wealthy.
The plan will trigger heated debate among congressional Democrats and Republicans on taxes and spending, just weeks after Biden and his cronies on Capitol Hill used reconciliation to gain approval of a $1.9 trillion pandemic stimulus bill.
Biden has in the past ruled out raising taxes on individuals making less than $400,000. Other voices in his party have called for a “wealth tax,” and Transportation Secretary Pete Buttigieg last week floated the idea of a tax on miles driven but this has been tabled.
Biden’s legislative effort is expected to be split into two parts, an initial package that deals with traditional transportation projects, and a second that addresses domestic priorities, such as universal pre-kindergarten, national childcare and free community college tuition, White House officials say.
Senate Majority Leader Chuck Schummer is already working on an end-around to use reconciliation again even though it is only meant to be used once a year. Leave it to the crafty, dirty Dems to find a way to inject their toxic agenda to the detriment of the American people.
Reuters contributed to this report.
Article Source : thefederalistpapers.org