Biden has zero credibility on his $3.5 trillion spending bill - or anything else for that matter
[Washington Examiner] President Joe Biden can't seem to settle on how to sell the nation on his $3.5 trillion spending plan. First, the White House tried to convince the country it was a "human infrastructure" bill. When voters refused to swallow that tripe, Biden highlighted the ambitious nature of the plan by selling the $3.5 trillion number itself.
"It is a zero price tag on the debt we're paying," Biden said last week. "We're going to pay for everything we spend."
Biden is really trying to convince voters that $3.5 trillion in spending would cost nothing because he plans to pay for it by raising taxes instead of issuing debt. It is hard to tell which argument is worse ‐ Biden's claim that this is an "infrastructure" bill or that it has zero cost. Both show a White House that treats voters with contempt.
That is over-generously accepting Biden's claim that his $3.5 trillion spending bill won't add to the debt, even though it is quite obviously false.
Posted by: Besoeker 2021-10-02 |