Posted on 03/10/2021 12:25:25 PM PST by CheshireTheCat
President Biden’s $1.9 trillion “American Rescue Plan'' could soon become law.
The budget-busting legislation, sold as emergency COVID response and “stimulus,” passed the Senate over the weekend. But even the liberal-leaning fact-checking website PolitiFact is pointing out that almost all of the bill’s spending is unrelated to the health effects of COVID-19.
“Total spending directly on COVID-19’s health impacts ranges from $100 billion to $160 billion,” fact-checker Jon Greenberg writes. “At the high end, direct COVID-19 spending represents about 8.5% of the bill’s $1.9 trillion cost.”
Of the bill’s nearly $2 trillion in spending, PolitiFact reports that just $14 to $20 billion goes to vaccine distribution and vaccine-related efforts. This is a tiny fraction, a mere 1-2 percent. Overall, the spending that actually goes to health-related matters pales in comparison to the hundreds of billions doled out for partisan priorities.
For example, at least $350 billion goes to bailing out state and local governments—despite most not actually experiencing predicted COVID-19 tax revenue shortfalls. That means Biden’s bill spends more than twice as much lining the pockets of bankrupt blue states than it does actually addressing public health...
(Excerpt) Read more at fee.org ...
"The details of Biden’s bloated spending package are so damning that even liberal-leaning fact-checkers have no choice but to agree with conservative criticisms."
fed libtard bailing out state libtard cover our asses bill
Don’t worry.
The libtards who watch all the “news” with glee are certain that Chairman Jao Bai Din is saving the country.
Because, Orange Man Bad.
The economic crash is going to be spectacular. Not in a good way, either.
Meanwhile, Joe and Co. still lied about $2,000 for everyone. All this pork and they won’t even keep that. Despite the massive pork/steal going on here.
Nice voting for those two idiots, Georgia Democrats.
This is not a surprise. The real challenge is getting the brain dead moderate liberals who voted for Biden to care.
This is inflationary spending, not stimulus spending.
Nobody cares, Blame the crappy GA senators and Karl Rove’s lousy campaign.
They should print currency on soft, absorbent paper. That way, it will be worth more come the collapse.
they are are now claiming that it’s not a ‘Covid Relief Bill’
Why not tell the truth , 100% of this bill is Nancy’s
“This is not a surprise. The real challenge is getting the brain dead moderate liberals who voted for Biden to care.”
They are slaves to the media. They don’t think until the media tells them what to think. Given that, I’d say it’s impossible to get them to care.
Democrats who voted for this fool should hang their heads in shame. Same with the papers that endorsed him.
We have a criminal government.
Of all the fake checkers, Politifact is the only one that had the intellectual honesty to debunk the “hands up don’t shoot” narrative, giving it their highest pants on fire rating. But most of the time they’re as FOS as the rest of them.
For later....
PolitiFact: 90% of Biden Stimulus Spending Not Directly Related to COVID-19That's not what PoliticFact said. At all.
Gee, what a huge surprise.
BTW, here’s Kiplinger’s calculator for stim check amounts:
https://www.kiplinger.com/kiplinger-tools/taxes/third-stimulus-check-calculator/index.php
I'm shocked... /s
And what percentage - a much smaller number - goes to the rest of us.
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