pre-K and community college, and increases to a range of domestic programs aimed at boosting public health and programs for the poor.
Administration officials projected there will be rising inflation, but only in the short term. Republican criticism of the administration has hinged heavily on warnings that the United States may face surging inflation as a result of stimulus funds pumped into the economy during the pandemic.
“It is insanely expensive. It dramatically increases nondefense spending and taxes," Graham, of South Carolina, said in a statement. “There will be serious discussions about government funding. But the Biden budget isn’t serious and it won’t be a part of those discussions.”White House press secretary Jen Psaki defended the budget, saying Biden inherited a deficit from the Trump administration and that the spending is needed to help the economy recover from the Covid-19 pandemic.
Biden is currently negotiating his infrastructure plan with Republicans, who have countered with a proposal to spend roughly half as much and focus on more traditional infrastructure projects, such as roads, public transit and broadband.
Tax hikes all round everyone!!
Paid for by raiding my taxes.
And set in motion an unprecedented era of inflation
ok so then what companies will be hiring?
Just print 60 trillion and fix everything:)
Better hang onto the railing buddy
Go for it Mr. President, make those sons of $$$$$ pay!!!
Print more money! $$$ 💵 💸 tax all the rich and it won’t come close to the debt incurred. Good luck with that
Ah yes - economics South American style. Money becomes worthless if you print too much of it.
Good
Great plan. Republicans won’t approve of something that helps working people though. infrastructure
Yes raise their taxes! Long overdue
President Biden can propose anything he wants, but NOTHING will be done unless he signs the bill to protect the vote. That should be the one and only priority of the Democratic agenda.
Mortgaging our children’s futures. Thanks.
If it impacts my 401k negatively, don’t do it!