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Biden pitches $5.5T in tax hikes, fed worker pay raise in budget proposal
New York Post ^
| March 9, 2023
| Steve Nelson
Posted on 03/09/2023 9:22:31 AM PST by Reno89519
WASHINGTON — President Biden’s annual budget plan calls for roughly $5.5 trillion in tax increases over the next decade to offset proposed spending increases — including a massive 5.2% federal worker pay raise.
The package, to be announced later Thursday, is headed for certain defeat in the Republican-held House of Representatives and comes as the GOP demands spending cuts without new taxes in a standoff with Biden over raising the federal debt ceiling later this year.
“This is the start of a healthy dialogue,” White House budget director Shalanda Young told reporters on a morning conference call.
(Excerpt) Read more at nypost.com ...
TOPICS: Breaking News; Business/Economy; Government; News/Current Events; Politics/Elections
KEYWORDS: biden; bidenomics; bidenrecession; budget; taxes
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Wow, just the other day they were discussing $2 trillion in new taxes. What will it be by next week?
1
posted on
03/09/2023 9:22:31 AM PST
by
Reno89519
To: Reno89519
FJB and his criminal consort.
2
posted on
03/09/2023 9:24:48 AM PST
by
CletusVanDamme
(The breaking point will be reached soon. )
To: Reno89519
5.2% increase in pay is not massive if the workers actually EARN it, as I have done in the past in the PRIVATE sector. But damn near nobody working for the government even comes close.
3
posted on
03/09/2023 9:26:06 AM PST
by
Vigilanteman
(The politicized state destroys aspects of civil society, human kindness and private charity.)
To: Reno89519
“White House budget director Shalanda Young” -— Wonder why Shalanda was chosen for this position?
4
posted on
03/09/2023 9:26:26 AM PST
by
PghBaldy
(12/14/12 - 930am -rampage begins... 12/15/12 - 1030am - Obama team scouts photo-op locations.)
To: Reno89519
Just print more money Joe.
5
posted on
03/09/2023 9:26:33 AM PST
by
Dogbert41
To: Vigilanteman
Especially with Government created inflation
6
posted on
03/09/2023 9:26:59 AM PST
by
frogjerk
(More people have died trusting the government than not trusting the government.)
To: PghBaldy
I’ll just say it. Colour.
7
posted on
03/09/2023 9:28:20 AM PST
by
Bulwyf
(Why? )
To: Reno89519
“This is the start of a healthy dialogue” -- White House budget director Shalanda Young
8
posted on
03/09/2023 9:28:23 AM PST
by
ProtectOurFreedom
(There is lots of money and power in Green Communism and we all know where Communism ends.)
To: Reno89519
9
posted on
03/09/2023 9:28:39 AM PST
by
Varsity Flight
( "War by🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
To: ProtectOurFreedom
10
posted on
03/09/2023 9:29:14 AM PST
by
Varsity Flight
( "War by🙏🙏 the prophesies set before you." I Timothy 1:18. Nazarite prayer warriors. 10.5.6.5)
To: Vigilanteman
C’mon. They have to steal luggage and clothes.
11
posted on
03/09/2023 9:29:16 AM PST
by
gundog
(It was a bright cold day in April, and the clocks were striking thirteen. )
To: Reno89519
With socialists, spending other people's money is no problem. What is a trillion here and a trillion there? Hell, we are THIRTY-THREE (yeah, I bolded it because it is that BIG of a deal) TRILLION dollars in the very deepest hole of financial ruin that this nation can be in. How in the holy h-e-double L, can we be the richest nation on earth when we are this deep of a cavern of ruin? We couldn't pay this debt back even if we did win the Lotto and Powerball both on the same day!!!
12
posted on
03/09/2023 9:30:39 AM PST
by
RetiredArmy
(Jesus Christ is THE Way, THE Truth & THE Life. He and He alone IS THE ONLY WAY TO HEAVEN!! No other)
To: Reno89519
More and more, it’s us vs them.
To: Dogbert41
Just print more money Joe.
Well somebody has to keep the conflict going in Ukraine, aren’t you proud being able to contribute?
To: Reno89519
It really wasn’t that long ago that “trillion” wasn’t even part of our national economic vocabulary. Now, we’re talking about $5.5 TRILLION in tax hikes?? How long before they start asking us for quadrillions of dollars?
15
posted on
03/09/2023 9:33:03 AM PST
by
Restless
To: Reno89519
These people are nut cases.
16
posted on
03/09/2023 9:33:08 AM PST
by
monkeyshine
(live and let live is dead)
To: Reno89519
Washington Math: $5.5 TRILLION in tax hikes means $16.5 TRILLION in new spending.
17
posted on
03/09/2023 9:34:18 AM PST
by
ProtectOurFreedom
(There is lots of money and power in Green Communism and we all know where Communism ends.)
To: Vigilanteman
Meanwhile GM is firing 56,000 white collar workers.......
18
posted on
03/09/2023 9:36:39 AM PST
by
Lockbox
(politicians, they all seemed like game show hosts to me.... Sting)
To: Reno89519
Just for some perspective, if you spend $5 million a day, it will take you 2,740 years to spend $5 trillion.
19
posted on
03/09/2023 9:37:32 AM PST
by
Restless
To: Reno89519
““This is the start of a healthy dialogue,” White House budget director Shalanda Young told reporters”
Dialogue or monologue? There is no debate with these people because they are like gamblers in debt who need the tax money to pay off the mob.
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