5 Ways to Understand Biden’s $6.4 Trillion Tax-and-Spend Agenda
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President Joe Biden released three enormous spending plans within three months of taking office. These packages, each of which contain dozens of major provisions, should not be considered in isolation.
1. The Biden agenda is layered on top of existing federal spending that is already too high, which makes the cost of $49,825 per household.
2. To reach $6.4 trillion, you would need to spend $1,000 per second—without stopping—for 203 years.
3. It would take the combined economies of 23 mid-sized states (based on economic output), representing a population of 112 million people, to produce $6.4 trillion.
4. More Expensive Than World War II and Obamacare Combined.
5. Over $5.9 Trillion in Wasteful and Problematic Spending.
These plans serve to centralize power in Washington, D.C., reward left-wing interest groups, and further establish a socialistic cradle-to-grave welfare state.
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