Democrats Unveil Massive $3.5 Trillion Liberal Wishlist

Democrats Unveil Massive $3.5 Trillion Liberal Wishlist

Joe Biden and the Democrats’ massive multi-trillion dollar “human infrastructure” bill will further exacerbate inflation, which is a hidden tax on American families. That’s in addition to the massive tax increases that would ostensibly pay for this misguided proposal.

July 14, 2021
Democrats Unveil Massive $3.5 Trillion Liberal Wishlist

Democrats, including Chuck Schumer and Bernie Sanders, announced they would pursue a $3.5 trillion “human infrastructure” package that amounts to nothing more than a liberal wish pipe dream. The $3.5 trillion price tag dwarfs previous stimulus bills and even eclipses the size of all but four national economies.

Republicans immediately united against the proposal, which will be financed by major tax hikes on American families who are struggling to recover from the pandemic.

Senator John Barrasso: What we’re seeing here are the outlines of the Democrats’ radical train, their freight train to socialism. And everybody, one way or another in America is going to end up paying for it with a radically high increase in taxes, which will hit every family with the kind of inflation on top of what we’re seeing now with these high numbers now. Plus the amount of money going onto the debt of our kids and grandkids is going to be massive. This is a terrible idea, massively expensive. We can’t afford it. Realize that the taxes and regulations alone are enough to sink the economy.

Beyond the reckless spending, the plan would expand government entitlement programs, forcing middle-class families to rely on government handouts.

Bottom Line: Joe Biden and the Democrats’ massive multi-trillion dollar “human infrastructure” bill will further exacerbate inflation, which is a hidden tax on American families. That’s in addition to the massive tax increases that would ostensibly pay for this misguided proposal.