Home News The GOP Is Pretending to Care About The Deficit Once more After...

The GOP Is Pretending to Care About The Deficit Once more After Calling Biden’s Infrastructure Plan “A Slush Fund”

38
0

Senate Republicans expressed their opposition to President Joe Biden’s $2.3 trillion infrastructure plan in an inside memo, referring to it as a “partisan slush fund” and characterizing it as pointless and wasteful, an indication that issues are again to regular as Republicans faux to care about authorities spending regardless of the exorbitant price ticket in the course of the Trump period when no less than one chamber of Congress was all the time below GOP management.

“Biden’s Partisan, Job-Crushing Slush Fund spends simply 5% of the whole $2.7 trillion on roads and bridges,” the lawmakers mentioned of their memo. 

“The remaining is: a want record of non-infrastructure spending on failed Obama insurance policies; a canine’s breakfast of slush funds for Democrats’ pet initiatives with none accountability or transparency; costly inexperienced power mandates on People; a ban on the best to work; and a flurry of tax hikes that can to drive corporations out of the U.S. and provides China and Russia a say in america’ tax legal guidelines. Consequently, the plan will get rid of no less than 1 million jobs,” they added.

You possibly can learn the memo HERE.

The hypocrisy on show is all of the extra irritating after we take into account that the “nationwide debt has risen by nearly $7.8 trillion throughout Trump’s time in workplace,” in line with latest reporting from ProPublica which examined data from the Federal Reserve Financial institution of New York. The findings present that the Trump administration’s 2017 tax cuts and reckless spending prompted the nationwide debt to balloon and contributed to the deficit.