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FEE's Brad Polumbo outlines how the Democrats' current spending bill would dwarf even the New Deal."
Polumbo writes, "On Tuesday, the House approved a $3.5 trillion spending resolution on a party-line vote, with Democrats backing the measure and Republicans uniformly opposing it.
He continues, 'House Democrats passed a $3.5 trillion budget resolution on Tuesday, 220-212, advancing the party’s effort to pass a sweeping economic package that would expand the nation’s social safety net' Axios reports. 'Democrats now will be able to use the budget reconciliation process to pass a bill — likely later this fall — by a simple majority, tackling key priorities like health care, child care and climate change."
BREAKING: House Democrats pass $3.5 trillion budget resolution https://t.co/OHHEjkTDGR — Axios (@axios) August 24, 2021
BREAKING: House Democrats pass $3.5 trillion budget resolution https://t.co/OHHEjkTDGR
"The expense here is truly mind-boggling" Polumbo notes. "Remember that this spending plan comes on the heels of more than $6 trillion in ostensibly-pandemic-related welfare spending and in addition to a $1+ trillion transportation infrastructure bill. And this is all in light of a $28.6 trillion—and counting—national debt. This additional $3.5 trillion bill amounts to, roughly estimated, about $24,400 in new spending per federal taxpayer."
"If enacted, this plan would be one of the biggest expansions of government and the welfare state in American history," Polumbo writes.
Read the entire column here.
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