Joe Biden’s fantastical budget pays off allies and runs up the national debt to $44 trillion in ten years. Brian Riedl of The Manhattan Institute goes through the horrifying numbers.
The Biden budget adds five trillion in spending on top of the five trillion spent on the stimulus, which was largely just payoffs, bailouts, and welfare.
And there’s another five trillion to come up in new proposals.
It’s actually 12 trillion in new spending over 10 years. That’s eight times more than the Trump tax cuts the Democrats said we couldn’t afford. And there are big corporate welfare payoffs if they do what they’re told.
If the entire budget is adopted, the national debt at the end of ten years will be $44 trillion.
You’d better pray there are no more pandemics or wars.
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How would you like this ass hole and his liberal cronies handling your household budget. These jokesters couldn’t run a lemonade stand. I’m wondering who’s handling their payoffs from the Chi-Coms and Ukraine.
Burning it all down and egg breaking has to occur before the Wakanda rainbow stew bubble up utopia can commence.
The comrades aren’t all that bright and can’t figure out that socialism is about nation wrecking to set the table for communism.
I don’t feel sorry for them.