Contemporary off the August Recess, the Democrat Congress is about to deal with their $3.5 trillion spending invoice – which is able to massively develop the cradle-to-grave welfare state that has been constructed up over the a long time.
The New York Occasions writes, “…the proposed laws could be so transformative — a cradle-to-grave reweaving of a social security internet frayed by a long time of increasing earnings inequality, stagnating wealth and depleted governmental assets, capped by the worst public well being disaster in a century.”
Whereas the slim majorities in each the Home and Senate imply there are not any ensures, as we noticed with Obamacare, Democrats have the need the ram by means of large laws by any means crucial.
— Varney & Co. (@Varneyco) August 11, 2021
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President Joe Biden appears to be taking a web page from his predecessors, who’ve all sought to massively develop the federal authorities throughout their tenures.
Suppose FDR’s New Deal. Lyndon Johnson’s Nice Society. Jimmy Carter’s creation of the federal Division of Training. Barack Obama’s TARP, “stimulus” invoice, and naturally, Obamacare.
The New York Occasions quotes one in every of Biden’s financial advisers as crediting the pandemic for creating the political grounds crucial for passing extra of the left-wing wishlist: “Polls have proven for a really very long time that these points to help American households had been necessary, and had been standard, however impulsively they grew to become not a ‘good to have’ however a ‘should have.’”
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If the ultimate passage is doubtful, the ambition of the Democrats isn’t.
First, Pelosi tried so as to add a pet challenge to the COVID reduction invoice earlier this yr. Now she’s attempting to put aside $200M within the reconciliation package deal for a park in San Francisco. That is simply the tip of the iceberg on this wasteful spending package deal. https://t.co/cQxlBMu29r
— Congresswoman Tenney (@RepTenney) September 7, 2021
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Cradle To Grave
The scope of the invoice is one thing to behold.
The invoice ensures 12 weeks of paid parental, household, and “private sickness/secure” depart. The invoice would completely develop the kid tax credit, earned earnings credit, and dependent little one care credit that had been part of the $1.9 trillion coronavirus reduction plan.
The invoice requires the institution of common pre-Okay advantages for 3 and four-year olds, and new little one care advantages to the tune of fifty% of kid care prices to be paid for by states.
After public faculty it’s on to school, the place neighborhood faculty could be free for 2 years. The invoice requires the federal authorities to pay for 75% of the common tuition price in each state with states paying the remainder.
Then there are different earnings dietary supplements and workforce coaching packages, particularly for house well being and elder care staff. Biden want to increase the minimal wage for house well being and elder care staff to $15 an hour.
Lastly, growth of Medicare to incorporate dental, listening to, and imaginative and prescient providers.
Economist on the American Enterprise Institute Michael R. Pressure says, “Its ambition is in its dimension.”
Democrats calling their $3.5 trillion reconciliation invoice “human infrastructure” is designed to idiot the American individuals. The laws accommodates a want record of liberal pet initiatives, together with $200 million for a park in Speaker Pelosi’s District.https://t.co/rfGuSb62uu
— Congressman Ben Cline (@RepBenCline) September 7, 2021
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How Will We Pay For The Return Of ‘Julia 2.0?’
Many can bear in mind “The Lifetime of Julia,” the catchy and hip cartoon put out by the Obama marketing campaign.
It depicted the lifetime of “Julia,” and the way the federal government would take of her all through her life, and the way that may not occur if we elected Mitt Romney.
Julia went to highschool by means of Headstart packages and scholar loans, she will get a job and the Lilly Ledbetter Truthful Pay Act closed the “gender pay hole,” she turns into a mother and has a son, all that care lined beneath Obamacare, and he or she retires and lives off her social safety advantages.
Whereas the one factor the Obama marketing campaign omitted was that Julia didn’t must get married, it additionally didn’t clarify who could be paying for all the new federal packages. This time, the Democrats have the reply for that.
Most European nations with the sort of construction being pushed by Joe Biden and the Democrats pay for his or her large social security nets with worth added taxes, a tax that’s levied all through all levels of a client good’s manufacturing. Biden needs to pay for all of it with taxes on companies and taxing those that make over $400,000 per yr.
There may be additionally consideration to growing the demise tax, and in addition retroactive taxes on wealth that has already been collected.
Sen. Ron Wyden (D-OR) says it’s the solely means to make sure “the wealthy pay their fair proportion.”
Rep. James Comer: “We’re holding a markup of a $3.5 trillion reconciliation package deal because the Biden administration and congressional Democrats proceed the march to show the best nation on this planet right into a socialist quagmire.” pic.twitter.com/P8q7eF5ry7
— The Hill (@thehill) September 2, 2021
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