Can America Survive $1-Trillion Infrastructure Bill and $3.5-Trillion Spending Plan?

August 23, 2021 in News by RBN Staff

source:  needtoknownews

The Senate approved the $1-trillion infrastructure bill on August 10, in a 69-30 vote, to fund roads and bridges, broadband internet, public transit and electric utilities. The bill now moves to the House for a vote. A separate-but-complementary $3.5-trillion spending plan being hashed out by the Democrats is both enormous and unprecedented. It includes $10 billion for a ‘Civilian Climate Corps’, $20 billion to advance racial equity and environmental justice, $175 billion for electric vehicles, $213 billion to build/retrofit two-million houses, and more. -GEG

The 19 Republican Senators who voted with Democrats to pass the Infrastructure bill include: Roy Blunt, Richard Burr, Shelley Moore Capito, Bill Cassidy, Susan Collins, Kevin Cramer, Mike Crapo, Deb Fischer, Lindsey Graham, John Hoeven, Mitch McConnell, Lisa Murkowski, Rob Portman, Jim Risch, Mitt Romney, Dan Sullivan, Thom Tillis, Roger Wicker, and Chuck Grassley.

The larger $3.5 trillion spending bill is moving forward through “budget reconciliation,” a legislative tool that would allow Democrats to approve the plan without any Republican support.

President Biden’s insane new “infrastructure” bill is chock full of insane spending ideas.

From KPCR Radio:

Spoiler alert: less than 25% of this bill actually goes to rebuilding infrastructure.

Policy analyst Brad Polumbo highlighted some of the examples at FEE.org.

1. $10 Billion to Create a ‘Civilian Climate Corp’

The Biden administration proposes spending $10 billion to create a “Civilian Climate Corp.” The White House claims that “This $10 billion investment will put a new, diverse generation of Americans to work conserving our public lands and waters, bolstering community resilience, and advancing environmental justice through a new Civilian Climate Corps.”
.

2. $20 Billion to ‘Advance Racial Equity and Environmental Justice’

The proposal sets aside a whopping $20 billion—more than the latest COVID package spent on vaccines—for “a new program that will reconnect neighborhoods cut off by historic investments and ensure new projects increase opportunity, advance racial equity and environmental justice, and promote affordable access.”
.

3. $175 Billion in Subsidies for Electric Vehicles

Electric vehicles: A technological novelty so good it won’t catch on without hundreds of billions in subsidies. At least, that’s apparently what the Biden administration thinks, as its infrastructure proposal earmarks a “$174 billion investment to win the electric vehicle market.”

The spending will take the form of manufacturing subsidies and consumer tax credits, which historically have benefitted wealthy families most. For comparison, the proposal carves out more for green energy goodies than it does on the total $115 billion to “modernize the bridges, highways, roads, and main streets that are in most critical need of repair.”
.

4. $213 Billion to Build/Retrofit 2 Million Houses & Buildings

When most people hear “infrastructure,” they think of roads, bridges, tunnels, and so on. But the Biden administration’s definition of the term is Olympian-gymnastics-level flexible. Apparently, the president considers it “infrastructure spending” to allocate $213 billion to build or retrofit 2 million “sustainable” houses and buildings. They also slip in $40 billion for public housing, stating this will “disproportionately benefit women, people of color, and people with disabilities.”
.

5. $100 Billion for New Public Schools and Making School Lunches ‘Greener’

You might remember that the last “COVID” legislation had $128.5 billion in taxpayer dole-outs for public schools; much of the money will be spent years after the pandemic and there was no requirement that schools actually open. Yet this was, evidently, just the beginning. The Biden “infrastructure” plan includes another “$100 billion to upgrade and build new public schools.”

“Funds also will be provided to improve our school kitchens, so they can be used to better prepare nutritious meals for our students and go green by reducing or eliminating the use of paper plates and other disposable materials,” the proposal reads. (Emphasis mine).

Read full article here…