Biden's Multi-Trillion-Dollar Infrastructure Bill The Devil is in the Details
Biden's Multi-Trillion-Dollar Infrastructure Bill The Devil is in the Details

Biden's Multi-Trillion-Dollar Infrastructure Bill The Devil is in the Details

Meri Emongo

7 min
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Biden's Multi-Trillion-Dollar Infrastructure Bill The Devil is in the Details<br /><br />Biden will unveil his multi-trillion-dollar infrastructure bill<br /><br />President Biden is headed to Pittsburg, PA to unveil his glutenous multi-trillion-dollar infrastructure plan. Depending on your source, the price tag will be somewhere between $2-4 TRILLION and will be coupled with tax increases. <br /><br /><a href="https://www.spreaker.com/user/9922149/bidens-multi-trillion-dollar" rel="noopener">https://www.spreaker.com/user/9922149/bidens-multi-trillion-dollar</a><br /><br />Back up: Our country does need infrastructure investment. You might remember President Trump wanted a more modest $1 trillion dollar infrastructure bill that Democrats never got on board with. <br /><br />Larry Kudlow warns this bill is "going to be less about traditional infrastructure and a lot more about the Green New Deal and a massive, across-the-board, tax hike." [Kudlow was Trump's economic advisor.]<br /><br />Here's where the money goes: [via CNBC]<br />$621 billion for transportation infrastructure<br />$300 billion into improving drinking-water infrastructure, expanding broadband access, and upgrading electric grids<br />$400 billion to care for elderly and disabled Americans<br />$300 billion for affordable housing, along with constructing and upgrading schools<br />$580 billion in American manufacturing, research and development, and job training efforts<br />The devil is in the details: At a glance, most of the spending above seems to make sense: transportation, electrical grid, 5G... Sounds good, right?. Until you dive deeper. <br /><br />Buried in those brackets you're going to find the following:<br />Subsidizing "clean energy" investments<br />Climate change funding<br />Free community college<br />Expanded childcare payments from the government<br />Paid family leave from the government<br />Child tax credits<br />Healthcare subsidies<br />Free and reduced tuition at historically black colleges & universities<br />...a massiv

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