Posted on 03/22/2021 11:28:10 AM PDT by Theoria
A pair of proposals would invest in infrastructure, education, work force development and fighting climate change, with the aim of making the economy more productive.
President Biden’s economic advisers are preparing to recommend spending as much as $3 trillion on a sweeping set of efforts aimed at boosting the economy, reducing carbon emissions and narrowing economic inequality, beginning with a giant infrastructure plan that may be financed in part through tax increases on corporations and the rich.
After months of internal debate, Mr. Biden’s advisers are expected to present a proposal to the president this week that recommends carving his economic agenda into separate legislative pieces, rather than trying to push a mammoth package through Congress, according to people familiar with the plans and documents obtained by The New York Times.
The total new spending in the plans would likely be $3 trillion, a person familiar with them said. That figure does not include the cost of extending new temporary tax cuts meant to fight poverty, which could reach hundreds of billions of dollars, according to estimates prepared by administration officials. Officials have not yet determined the exact breakdown in cost between the two packages.
Mr. Biden supports all of the individual spending and tax cut proposals under consideration, but it is unclear whether he will back splitting his agenda into pieces, or what legislative strategy he and Democratic leaders will pursue to maximize the chances of pushing the new programs through Congress given their narrow majorities in both chambers.
(Excerpt) Read more at nytimes.com ...
He is so demented he doesn’t understand that money doesn’t grow on trees.
Why not eleventy- trillion? Why not one- hundred trillion?
I mean, at this point, what’s the difference?
It’s Monopoly money to them. They have zero concept of what that actual number means.
Covid didn’t crush the economy. Government did.
HELLO!!!!
The Coup Puppet Masters are in control.
Make it $6 trillion. I want this mess to explode. Without pain the morons won’t wake up.
Every social justice warrior in American, and every leftist activist organization, will get a bonanza along with the union pension funds and insolvent states and localities.
Two quotes from Lenin
1- The way to crush the bourgeoisie is to grind them between the millstones of high taxation and inflation.
2- The best way to destroy the capitalist system is to debauch the currency.
Any questions about their plan?????
He is so demented he doesn’t understand that money doesn’t grow on trees.
_______________________________________________________
Actually, it’s much more plentiful than that. All it takes are some key strokes on a computer and you can credit accounts with as much money as you want. Sure, one mmust go through the legal process of “selling bonds”, but the Fed has never told the Treasury Dept. “no”.
What could possibly go wrong?
Come on Joe, why not 5 or 10 trillion?
Or not.
Biteme and his handlers are destroying the Trump economy on purpose. They are all incompetent or purposely destroying America for whatever global Utopia they envision. Sheesh.
that is about half what the CCP counterfeited and “gave”
to the wannabe-traitors in Congress.
the best reportedly got 2.5 Billion counterfeit to sell
out their voters, the American People.
2.5 Billion plus cocaine or children is the new 30 pieces Ag
Don’t need another $3 TRILLION - just open up the economy
Actually, it nearly literally does grow on trees (for the elite people). And, the Clowns in theory spending it are the those people.
With the FED a private Corporation owned by a handful of oligarchs (Rothschild, the most prominent), they use printing money for their agenda. Right now agenda is fighting patriots around the globe. Like Russia, which about 2 weeks ago disentangled itself from the world's "reserve" currency. And Myanmar, which seized Soros accounts about a week ago.
No matter, it will never be paid back. We'll hopefully soon be on a new QFS (Quantum Financial System) precious-metals back system. Nesara was planned for implementation in the 2001 timeframe, but was thwarted; hope the second time works.
Correct. Moe trillions. Swiss bank accounts need refreshed
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