Leave it to Biden to brag about spending trillions to save trillions.
Literally no businessperson will ever make such a claim (unless they are a total charlatan), but apparently Biden, whose sole employer has been the federal government, believes that taxpayer dollars grow on trees even more freely than the weapons he has happily given away in Eastern Europe.
All to secure revenue streams for the “Big Guy,” of course.
Either that, or the continued pouring of billions unaccounted for into an alleged war zone is emblematic of pure incompetence.
Or perhaps the reigning characterization of the Biden administration truly is fairly simple: nothing short of incompetent corruption.
One thing is for certain: If Biden’s goal is to tamp down inflation, he is certainly going about it the wrong way.
On the contrary, it appears that he is doing literally anything possible to further elevate the trend, if only to disempower Americans and attempt to make them even more dependent on the federal government.
While making rather implausible claims via Office of Management and Budget Director Shalanda Young.
This year’s budget cuts the deficit by nearly $3 trillion over the next decade by asking the wealthy and big corporations to begin to pay their fair share. It does this in part by reforming our tax code to reward work, not wealth, including by ensuring that no billionaire pays a lower tax rate than a teacher or a firefighter, and by quadrupling the tax on corporate stock buybacks,” Young blared.
Ah, of course. Tax, tax, tax to prosperity, as taxing to prosperity has always proven to be such a prosperous source of revenue in the past.
On the contrary, the endless taxes stifle growth, and hiking taxes on corporations will ultimately hike prices for consumers, who will bear the ultimate brunt of Biden’s reckless spending agenda.
Or Obama’s, as he did loudly boast that Biden was “finishing the job” of his ignoble administration.
Of course, part of “finishing the job” includes undoing all of Trump’s achievements, such as enabling the top marginal tax rate, oftentimes applicable to doctors and other professionals, to increase back to 39.6 percent.
Guess that’s Young’s idea of “rewarding work,” as her nonsensical statement declared.
Fortunately, it appears that a number of Republicans who remain committed to the tenets of fiscal responsibility have had enough of the Biden administration’s nonsense, and they have made it rather clear that they intend to challenge the asinine multitrillion dollar spending package every step of the way.
House Speaker Kevin McCarthy is clearly displeased by Biden’s devotion to ever-expanding government, making his views rather obvious.
“It just seems like it’s going to create the biggest government in history. I don’t think that’s what we need at this time,” McCarthy said carefully.
Definitely not what is needed at this time, though crazed Democrats will doggedly pursue at all costs.
Predictably, Young has fired right back at Republicans, revealing the same tenacious incompetence routinely exhibited by White House Press Secretary Karine Jean-Pierre.
“Congressional Republicans keep saying they want to reduce the deficit, but they haven’t put out a comprehensive plan showing what they’ll cut. We’re looking forward to seeing their budget so the American people can compare it to what we’re putting out today,” Young sniffed.
Americans are also looking forward to a new presidential administration in 2024, stat …
Author: Ofelia Thornton