Posted on 03/22/2021 6:42:14 PM PDT by SeekAndFind
* Joe Biden's economic advisors are drafting a proposal to recommend up to $3 trillion more spending, a person familiar confirmed to Insider.
* The New York Times first reported the White House could split its colossal infrastructure plan in two.
* The first part would focus on infrastructure and climate. The second may set up universal pre-K.
President Joe Biden's economic advisors are expected to present a proposal that includes up to $3 trillion in new spending aimed at boosting the economy and fighting climate change through separate legislative pieces instead of a single colossal bill.
A person familiar with the discussions confirmed them to Insider. They were granted anonymity to reveal internal deliberations.
The New York Times first reported the emerging shape of the plan. It would be aimed at narrowing economic inequality, reduce carbon emissions, and improve American manufacturing, beginning with an infrastructure bill.
The Times cited documents outlining that the proposed package would spend heavily on infrastructure improvements, with nearly $1 trillion in spending alone for roads, bridges, electric vehicles, and more.
The second part of the infrastructure push would be people-focused and spend heavily on education and programs to increase the participation of women in the labor force, including free community college, universal pre-K education, and a national paid leave program. Those elements are targeted at encouraging workers to re-enter the labor force and accelerate the economic recovery.
Many of the plan's details appear to remain highly in flux. "President Biden and his team are considering a range of potential options for how to invest in working families and reform our tax code so it rewards work, not wealth," White House press secretary Jen Psaki said in a statement. "Those conversations are ongoing, so any speculation about future economic proposals is premature "
(Excerpt) Read more at news.yahoo.com ...
Speaking of Candace, this democrat sent her this on Twitter and she filed a complaint and look at Twitters response....
I think this “nation” is rapidly overtaking Sodom and Gomorrah.
Lord, we’ve become a pathetic lot. What will it take?
universal pre-K
The democrats want to start the indoctrination early. Your kids will not be yours but the gov’t.
When the economy collapses 401Ks, TDAs, IRAs wont be worth anything so there will be nothing to confiscate.
He was not walking up the stairs. He was rushing up the stairs, possibly in an effort to look vigorous.
IOW more fleecing of American tax payers.
“we’ve become a pathetic lot. What will it take?”
There’s really nothing we can do.
Only the Chinese government can reign in the out-of-control spending by threatening to close the Bank of China dollar window, the closing of which would make it impossible for Wal-Mart or Amazon to import goods from China.
If necessary, the Chinese government might have to insist on treaty-based rights to supervise the spending of Chinese-selected domestic governments on pain of closing that Bank of China dollar window.
Our economy can not function without stuff from China. Our illegals would go home with their employer’s tools if their US pay could not buy Chine-made goodies. Our $100,000 class public pension recipients would not be able to enjoy foreign travel.
“colonists in 1776”
Most colonists were barely aware of British rule as they lived in farms far from cities.
It was Hessian bad behavior that mobilized the colonists.
Until we personally sufferer physically or economically, we will merely complain about the wasteful spending.
If you want action, you’ll get it, since they intend to kick us hard and repeatedly. They just want to loot the Treasury first.
“autonomous trucks”
Alleged wrongful deaths can result in big monetary settlements.
Ask the Floyd family for figures.
In 1776, the locals knew where every official of George III lived.
“universal pre-K”
Perhaps universal availability pre-K, as some mothers/grandmothers actually want to raise their children/grandchildren.
“economic inequality”
And for his next trick, Joseph Biden will convert that Chinatown tenement into a four-story East Side brownstone.
I thought Obama had this infrastructure done with that other trillion buck
What more do they want?
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