Seven Items of Massive Waste in Biden’s $3.5 Trillion Budget
On Wednesday, Republicans on the House Committee on Oversight and Reform released a list if the seven huge line items of waste in Biden’s budget that the GOP calls a “socialist wish-list.”
Biden has been crisscrossing the nation desperately trying to get support for his wasteful “Build Back Better Act.” However, he has not even been able to get enough Democrat support to get the thing passed.
This thing is a monstrous 2,465 pages long. No one can even read it, much less find everything in it.
American instinctively understand that Biden’s plan is a giant mess filled with waste and lies. And the GOP has revealed a mere seven examples of some of the most absurd instances of waste in the bill.
1. “Handouts” for the wealthy, and bailouts for failing establishment media organizations.
“Democrats are hoping to provide wealthy families and corrupt organizations tax breaks and unnecessary handouts. If President Biden has his way, families earning $800,000 can receive $118,000 in credits and elite, well-funded private universities will get a tax break,” the release stated.
“In addition, liberal news organizations with up to 750 employees are set to be bailed out. Their liberal bias has resulted in fewer Americans reading their work and President Biden hopes to provide them a tax cut to offset their losses.”
U.S. Sen. Ron Johnson of Wisconsin has called the provision a “grotesque waste of taxpayer money.
2. A cloaked “Green New Deal” that would put small businesses under.
“The Build Back Better Act is the Green New Deal in disguise. The Green New Deal is a socialist dream which will only saddle hard-working taxpayers with debt and displace millions of Americans from their jobs,” the release stated said.
“Tucked away in President Biden’s $5 trillion dollar spending spree is a Green New Deal ‘youth patrol’ and taxpayers will fund them to the tune of $3.5 billion dollars. This will only establish a slush fund for jobless climate activists.”
The release stated the lengthy bill will appropriate more than $34 billion in subsidies to “green” special interest groups.
3. Weaponizing the IRS.
“President Biden is hoping to double the number of IRS agents. Why? To target American families and businesses,” the committee Republicans stated. “Democrats are looking to funnel $80 billion to the IRS, which is six times the size of the IRS’ annual budget.”
Republicans called a plan to view ordinary banking transactions a “surveillance program” which would infringe on the privacy of “working class Americans.”
The release cites an element of the plan that would require banks to report transactions to the IRS that involve accounts that see more than $600 in transactions annually. The Biden administration backed away from that provision this week, raising the number to $10,000 in annual transactions, excluding already-taxed payroll deposits, ABC News reported.
4. Targeting American energy independence through taxes.
“Democrats continue their march to destroy clean, reliable, and affordable domestic energy production,” the release stated.
“They intend to raise taxes on natural gas, raising energy costs on all Americans. In fact, their plans will divert taxpayer dollars into solely renewable technologies and completely ignore reliable fuel sources like nuclear energy and natural gas.”
5. Dishonestly hiding a provision to offer amnesty to millions of illegal immigrants.
“Hidden in their $5 trillion dollar plan is blanket amnesty to more than 8 million illegal immigrants. By granting amnesty to millions of illegal immigrants, Democrats are signaling to the world and human smugglers that our laws can be violated with little consequence,” the release stated.
“Amnesty will only encourage more families and children to come illegally and will provide an economic boon to human smuggling rings.”
As Fox News noted Wednesday, the Senate parliamentarian has twice shot down Democratic efforts to include amnesty provisions in the $3.5 trillion spending package that could be passed through the process known as “reconciliation,” which can bypass any Senate filibuster by Republicans.
But according to Fox, New Jersey Sen. Bob Menendez on Wednesday said Democrats are working on what he called a “Plan C” that would legalize the status of 8 million to 11 million illegal immigrants in the country.
6. Biden’s agenda would create a “slush fund” to be used for “socialist pet projects.”
“Democrats are looking to create socialist slush funds. $20 billion dollars will go towards the National Climate Bank to send kickbacks to radical environmentalists,” the GOP release stated.
“In addition, taxpayers will be sending $200 million in payouts to Speaker Pelosi’s district and $25 million for butterfly, freshwater mussels, and desert fish populations.”
7. Biden’s agenda would completely abandon rural Americans.
“Biden’s $5 trillion socialist wish-list fails to allocate any funds for critical programs like the commodity safety net, crop insurance, broadband, or disaster assistance. Neglecting to prioritize these funds negatively impacts rural communities and ultimately leaves them behind,” the released argued.
“House Democrats are pushing an agenda that does anything but address the numerous crises facing the American people.”
This is just a tiny taste of the garbage in this bill.
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