Biden’s $$ Plan Vs. “The Score”

The Congressional Budget Office has started, mind you, only started to weigh in on what the yet to be passed Biden plan for spending will cost. The “Build Back Better” plan is going to be north of a trillion dollars even by the most conservative budget, but how far north? Remember when Biden’s old boss, Bobo Obama was trying to get his healthcare initiative passed? He swore it HAD to be under $1 trillion, and it came in at $900 billion. Actually it was over that. About two years later, the CBO came back and said Obamacare was going to cost America about $1.76 trillion. That’s about double what the original cost estimates were.

And so, we take a look at Biden’s massive spending boondoggle.

Now, to be fair, the CBO has 13 committees to look at their recommendations. It has only looked at four of them. The four are the House Veterans’ Affairs, Small Business, Homeland Security, and Science, Space and Technology committees. And the cost for the four of them is going to be about $20 billion additional over the next ten years. That’s not a bad number, and actually I’m in favor of spending a LOT more in Veterans’ Affairs! I’ve often said if you serve your country, you should be getting the Cadillac healthcare plan for life for you and your family for free. You were willing to sacrifice your life if need be. Free “great” healthcare is the least the country can do to show it’s gratitude.

The problem I have with the CBO is they rarely get the number even close to accurate. Look at the Obamacare figure for instance. They missed it by half of the actual amount. That would be a 50% in school and that’s an “F”.

Biden has said that he’s going to spend about $1.75 trillion on his plan, and hopes to raise $1.45 trillion in new taxes. That is a pipe dream. Democrats have this problem with getting things to pay for themselves. In this case, the cost is going to be more like $3.5 trillion (which is what the scaled down version of Biden’s wish list was), and the taxes that come in from the tax hikes “to the rich” and to corporations is going to be roughly $800 billion. That leaves about $2.7 trillion in debt, which goes right to the federal debt and gets picked up by China in the form of bonds that they are buying. Is that really where we want to be?

Biden’s plan, like his administration lacks a lot of attention to details. He’s big on Green New Deal stuff, but has no solid basis other than government funded (by a liberal government) studies that it’s going to be able to do anything. They have computer models that were ginned up to show huge gains to an increasing average temperature, but no one other than savvy scientists who aren’t dependent on government funding (very rare), and former climate change guru, Michael Shellenberger, who has debunked the whole climate change theory as a hoax to get more money.

Now, having said all of that, I’ll go on record and say you really can’t blame the Democrats. Well, you can, but you have to do so understanding that their whole mantra for the last 80 years has been that government can solve all of your problems. It doesn’t matter if it’s poverty, racism, equal pay for equal work, or something that mankind has nothing to do with…climate change. It’s failed at all of the things it says if we throw enough money, and pass enough laws, we can solve the problem. Some things, sorry to say Democrats, cannot be legislated. Our climate is one of them.

But I get it that they need to try. Because if they don’t at the very least try to “save the planet” with massive spending and send us down a very dark, and very deep rabbit hole that there is no end to and no way out of, they lose the argument that their entire existence is based on. And that’s the real problem here. They have to double down because they can’t lose. If they do, they lose everything. So, they keep doubling down and the demands get wilder and wilder because they have to.

Biden’s spending plan has most Americans shaking their heads at the lunacy of it all. Most people are starting to wake up to the fact that Democrats’ plans aren’t well thought out, and certainly are not fiscally sound or based on fact. They’re based on a wish list of ideas that give the largest groups of people a payout in hopes of gaining their future votes. And that in a nutshell is the Democrat party. It’s also one giant reason why they need to be defeated at the polls to the point where the party dies. It’s the only way we as a nation survive.

Carry on world…you’re dismissed!