Democrats have packed their massive infrastructure bill with everything under the sun.
Roads and bridges make up a small portion of the spending which covers everything from climate change to child care.
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But it gets worse. Budget watchdogs are now saying that the massive bill will cost much more than Democrats are saying, by a massive two trillion dollars.
Just The News reports:
Budget watchdogs project Dem infrastructure plans to cost up to $5.5T — $2T more than advertised
The Committee for a Responsible Federal Budget has estimated that President Biden’s infrastructure proposals will cost up to $2 trillion more than Democrats are projecting.
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The White House and Democratic congressional leaders are preparing a $3.5 trillion reconciliation bill that includes policies in Biden’s Build Back Better agenda such as universal pre-K, tuition-free community college and financial support for childcare. Democrats have referred to the reconciliation bill has a “human infrastructure” budget bill. It could also include the creation of a Civilian Climate Corps.
House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer have said they won’t pass a separate, bipartisan $1.2 trillion physical infrastructure framework until a filibuster-proof reconciliation spending bill gets passed.
Marc Goldwein, senior vice president and senior policy director for the Committee for a Responsible Federal Budget, told Just the News that his organization has estimated that the reconciliation package will cost much more than $3.5 trillion over 10 years based on the proposed policies that have been released so far.
“It seems like they’re going to have a bunch of policies that go for not the full 10 years and expire early,” he said. “We’ve estimated that the reconciliation bill is actually more like $5-5.5 trillion worth of policies and they are fitting into a $3.5 trillion framework by cutting it off early.”
The American people are being scammed.
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“This Is The Biggest Bubble I’ve Seen In My Career” – Dems’ Infrastructure Spending Could Lead To Devastating Crash, Druck Warnshttps://t.co/pEvQvBooGq
it’s not infrastructure spending. It’s communist pet projects and organizations getting built up.— Dr. Shooty McBeardface™ (@ShootyMcBeard) July 24, 2021
NEW!
President Trump warns Democrats are trying use the Reconciliation Process to jam through sham Mail-In Ballots and Amnesty with their fake infrastructure bill
The GOP must fight this! pic.twitter.com/ylyPJ5dxfc
— Liz Harrington (@realLizUSA) July 21, 2021
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Republicans should just say no to all of this.
Cross posted from American Lookout.
Source material can be found at this site.