Details are officially out about the infrastructure plan. From the White House:pic.twitter.com/NV6FHuCPrX
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On money: *New spending + baseline (over 5 years) = $973B *New spending + baseline (over 8 years) = $1,209Bpic.twitter.com/GRwLNo564b
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No tax on billionaires No thanks
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Biden got rolled
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No childcare No thanks
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Thats going to be done in the reconciliation bill.
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PPP & sequester = what ?! Bad news in there
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Smoke and mirrors to pay for this.
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People need to realize this basically half of the infrastructure bill. The other half will be in the reconciliation bill.
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Instead of raising the corporate tax, they’re financing this on the backs of ordinary people (e.g., messing with unemployment insurance) and redirecting tax money and government assets to cronies through public private partnerships and 5-G and petroleum lease auctions.
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It's hard to say this is a $1.2T bill when it includes $600 in already approved spending. That's double counting. Reality is that this is a $600B spending bill. That's fine, but don't give credit for something already approved.
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I suppose this really means they're redirecting money already allocated? That implies we should have a list of what they're cutting!
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