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News Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
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CrimsonPhantom Offline
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Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Quote:President Joe Biden’s infrastructure plan may include $4 trillion in spending and $3 trillion in increased taxes, according to a report released Monday.

The Washington Post reported that Biden’s infrastructure plan might include $4 trillion in new spending and $3 trillion in tax increases.

Members of the White House Economic Council reportedly remain worried about the increase in spending.

“The officials worried that the large gap between spending and revenue would widen the deficit by such a large degree that it could risk triggering a spike in interest rates, which could in turn cause federal debt payments to skyrocket, said the people familiar with the matter,” the Post’s Jeff Stein wrote.

The infrastructure plan follows as Biden recently signed the Democrats’ partisan $1.9 trillion coronavirus package.

The reported Biden proposal would serve as one of the largest tax hikes in generations. This runs in contrast to President Donald Trump’s administration, which cut taxes with the Tax Cuts and Jobs Act.

Democrats also reportedly disagree over if they should focus on physical infrastructure such as roads and bridges compared to social welfare spending such as child care.

Celinda Lake, a Democrat pollster who worked for Biden’s 2020 campaign, said:

We know that Republicans and particularly blue-collar men really like the physical building kind of infrastructure and see that as leading to good paying jobs for men in particular. And women and the Democratic base really respond to what you might call softer infrastructure — child care; school; caregiving responsibilities — which have come home very vividly during covid. It’ll be a challenge, but they have a major opportunity here to do both in a way that both helps these constituencies and is majorly appealing to them as voters.

Passing another large spending bill remains a daunting task for Democrats that passed their coronavirus package on partisan lines through the House and the Senate.
The Senate remains split at 50-50 and Democrats may have to use budgetary reconciliation to pass the large infrastructure spending package.
This may explain why Senate Majority Leader Chuck Schumer (D-NY) is exploring using reconciliation for additional time to pass another spending bill using only a simple majority. Normally, Congress can only use budgetary reconciliation once per fiscal year.
Sean Moran is a congressional reporter for Breitbart News. Follow him on Twitter @SeanMoran3.

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After the Left is done with the Economy..... $3 Trillion won't be that much..... Hell $4 Trillion may not buy a loaf of bread when they are through!
03-30-2021 09:44 AM
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Danforth Offline
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Post: #2
RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Spend 4 trillion cost 3 trillion?


Sounds like a win to me.
03-30-2021 09:50 AM
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UofMstateU Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
/\ please ignore the idiot above. Thank you
03-30-2021 10:20 AM
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THE NC Herd Fan Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
What's scary Obama's 2012 Shovel ready $1trillion got very little to show for it. Other than $4 Trillion of spending that NEVER goes away what will this infrastructure spend give us?
03-30-2021 02:20 PM
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Danforth Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 02:20 PM)THE NC Herd Fan Wrote:  What's scary Obama's 2012 Shovel ready $1trillion got very little to show for it. Other than $4 Trillion of spending that NEVER goes away what will this infrastructure spend give us?

Hopefully some new bridges at the very least.
03-30-2021 02:23 PM
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swagsurfer11 Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 02:23 PM)Danforth Wrote:  
(03-30-2021 02:20 PM)THE NC Herd Fan Wrote:  What's scary Obama's 2012 Shovel ready $1trillion got very little to show for it. Other than $4 Trillion of spending that NEVER goes away what will this infrastructure spend give us?

Hopefully some new bridges at the very least.

Trains and highways too. Create some jerbs!
03-30-2021 02:53 PM
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bearcat65 Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Highway improvement yes but high speed rail has for the most part failed whenever attempted in the US.
03-30-2021 02:58 PM
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Claw Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 02:58 PM)bearcat65 Wrote:  Highway improvement yes but high speed rail has for the most part failed whenever attempted in the US.

Passenger rail will die with the self-driving cars.
03-30-2021 03:06 PM
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bearcat65 Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 03:06 PM)Claw Wrote:  
(03-30-2021 02:58 PM)bearcat65 Wrote:  Highway improvement yes but high speed rail has for the most part failed whenever attempted in the US.

Passenger rail will die with the self-driving cars.

What's left of it. They don't even ship as much freight via rail as they used to which is surprising.
03-30-2021 03:13 PM
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CrimsonPhantom Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Quote:President Joe Biden’s proposed $2.25 trillion “infrastructure” bill will only include $650 billion in funds for roads, bridges, and ports, a report revealed Tuesday.

The Washington Post reported details of the proposed package, citing anonymous sources familiar with the president’s plan.

The massive spending bill also includes $300 billion for housing, $400 billion for elderly and disabled care, and $300 billion to revive manufacturing in the United States, according to the Post.

Other spending priorities will include high-speed broadband Internet, strengthening the electric grid, and fixing or replacing water systems.

The proposal will also feature nearly $400 billion in “clean-energy credits” to promote “green” energy such as wind and solar.

The White House will release full details of the president’s plan on Wednesday when Biden travels to Pittsburgh, Pennsylvania, for a kick-off event.

The proposal is the first step in Biden’s “Build Back Better” agenda. The second proposal will likely expand more welfare programs, including a child tax benefit, paid family leave, and an expansion in health insurance coverage.

The proposal suggests the White House has dialed back some of their more ambitious agenda items.

Earlier reports previewed a $3 trillion spending deal with only $1 trillion spent on infrastructure priorities.

Other proposals reportedly under consideration include free community college, free universal pre-kindergarten, affordable and energy-efficient housing, and charging stations for electric cars.

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03-30-2021 04:23 PM
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maximus Offline
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Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
With the gosh damn mods please do something about the effin trolls.



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03-30-2021 05:13 PM
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Eagleaidaholic Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
Looks like it's time to start a road construction business to get in on the gravy train. Just gotta pay somebody to win the bids for me. They call themselves "consultants"
03-30-2021 05:19 PM
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KNIGHTTIME Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
So like a liberal plan. Kill the productive with taxes and blow the money on stupid projects.
03-30-2021 05:31 PM
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200yrs2late Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 02:53 PM)swagsurfer11 Wrote:  
(03-30-2021 02:23 PM)Danforth Wrote:  
(03-30-2021 02:20 PM)THE NC Herd Fan Wrote:  What's scary Obama's 2012 Shovel ready $1trillion got very little to show for it. Other than $4 Trillion of spending that NEVER goes away what will this infrastructure spend give us?

Hopefully some new bridges at the very least.

Trains and highways too. Create some jerbs!
They would be temporary, just like the XL pipeline. Didn't the admin use that excuse when they axed those hard working Americans?

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03-30-2021 07:09 PM
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swagsurfer11 Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 05:13 PM)maximus Wrote:  With the gosh damn mods please do something about the effin trolls.



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Criticizing the mods? That's a ban. Get this guy out of here!
03-30-2021 07:31 PM
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maximus Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 07:31 PM)swagsurfer11 Wrote:  
(03-30-2021 05:13 PM)maximus Wrote:  With the gosh damn mods please do something about the effin trolls.



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Criticizing the mods? That's a ban. Get this guy out of here!
Yeah, im asking them to get rid of troll ***** like you

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03-30-2021 07:51 PM
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BlueDragon Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 07:09 PM)200yrs2late Wrote:  
(03-30-2021 02:53 PM)swagsurfer11 Wrote:  
(03-30-2021 02:23 PM)Danforth Wrote:  
(03-30-2021 02:20 PM)THE NC Herd Fan Wrote:  What's scary Obama's 2012 Shovel ready $1trillion got very little to show for it. Other than $4 Trillion of spending that NEVER goes away what will this infrastructure spend give us?

Hopefully some new bridges at the very least.

Trains and highways too. Create some jerbs!
They would be temporary, just like the XL pipeline. Didn't the admin use that excuse when they axed those hard working Americans?

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Love your quote on what it means to be an American. Its what is missing among those who DO want to be coddled by Big Brother.
03-30-2021 10:40 PM
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TheOriginalBigApp Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
the last time this guy had a job, he helped to shove through the last "infrastructure stimulus". How'd that work out?

Are you still driving that FISKAR? How about those SOLYNDRA panels powering your house?
03-31-2021 05:32 AM
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Owl 69/70/75 Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion
(03-30-2021 02:20 PM)THE NC Herd Fan Wrote:  What's scary Obama's 2012 Shovel ready $1trillion got very little to show for it. Other than $4 Trillion of spending that NEVER goes away what will this infrastructure spend give us?

As Gary Johnson said, "My neighbor's dog has created more shovel-ready projects than Obama."
03-31-2021 06:56 AM
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CrimsonPhantom Offline
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RE: Biden* Infrastructure Plan to Spend $4 Trillion, Increase Taxes by $3 Trillion



03-31-2021 04:09 PM
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