After the $1.9 trillion American Rescuplan (no republican supported it), the $2.3 trillion American Jobs Plan and the $1.8 trillion American Families Plan, Former Vice President Biden announced on Wednesday a “once-in-a-generation” spending spree.
Biden touted the $6 trillion spending plan as the federal government’s way of giving families $800 billion in tax credits, reducing child poverty and expanding schools. The way they plan to fund this is by raising taxes on wealthier Americans.
The spending “plan” is being slammed by Republicans due to how the money is actually slated to be spent. Many on the right way the bulk of the $6 trillion is meant to act as a gift to his liberal base and is nothing more than socialism.
Well done, @SenatorTimScott on tonight’s Republican response.
Tim outlined Republican values and leadership — a sharp contrast to Biden’s radical vision for our country that would turn the American Dream into an American nightmare.
— Ted Cruz (@tedcruz) April 29, 2021
Mich McConnell spoke on the Senate floor calling the spending spree “go-it-alone radicalism.”
MCConnell also said, “The President talked about unity and togetherness while reading off a multi-trillion dollar shopping list that was neither designed nor intended to earn bipartisan buy-in.”
In his first 100 days, the President has proposed $6 trillion in new spending—about 4x our total federal budget! That amount of spending jeopardizes our kids’ future and saddles them with decades of interest costs. pic.twitter.com/Ta5OYgUKfi
— Senator Mitt Romney (@SenatorRomney) April 29, 2021
Even democrats are showing signs of pushback against the plan. Senator Joe Manchin (D-W.VA.) said he was “very uncomfortable” with how this spending spree would increase public debt.
Manchin went on to say during a CNN interview, “A lot of money, a lot of money—that makes you very uncomfortable, you’re going to find how you’re going to pay for it, you know?”