Wednesday, March 31, 2021

CRONY CAPITALISM - ONLY 25% OF NAFTA JOE BIDENS $2.5 TRILLION NEW SPENDING BILL FUNDS INFRASTRUCTURE - THE REST TO BE POCKETED BY JOE'S CRONIES

 

Cleaver: ‘Legitimate’ to Say Biden Infrastructure Bill Has Items Unrelated to Infrastructure

On Wednesday’s broadcast of the Fox News Channel’s “Your World,” Rep. Emanuel Cleaver (D-MO) stated that it’s “legitimate” to say that there are some provisions of President Joe Biden’s infrastructure package that don’t have anything to do with infrastructure.

Host Neil Cavuto asked, “It seems to be heavy on the tax part, very heavy on spending as well, congressman, that has nothing to do with infrastructure. And that’s what maybe worries some Republicans, maybe some of your more moderate colleagues, who think that however meritorious and kind it is to spend better than 400 billion on care for the elderly and disabled, it has nothing to do with infrastructure. What do you say to that?”

Cleaver responded, “I think that’s a legitimate point. I’ll say that anywhere. That’s a legitimate point. Here’s the challenge for us on that though: First of all, I think the president has opened the door. None of this is in concrete. He wants to sit down and I think he’s going to begin to invite Republicans over to the White House to discuss the funding and any other component of this.”

Follow Ian Hanchett on Twitter @IanHanchett

Only About 25 Percent of Joe Biden’s $2.5 Trillion Spending Bill Funds Basic Infrastructure

Democratic presidential nominee and former Vice President Joe Biden briefly speaks to reporters before boarding his plane at Tampa International Airport after a roundtable event with military veterans at Hillsborough Community College on September 15, 2020 in Tampa, Florida. Biden is making stops in Tampa and Kissimmee in the pivotal …
Drew Angerer/Getty Images
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President Joe Biden detailed his massive infrastructure spending proposal Wednesday, but only about 25 percent of the $2.5 trillion bill funds basic infrastructure, according to a fact sheet summary of the bill.

The proposal spends roughly $639 billion on traditional infrastructure, including $115 billion to revamp highways and roads.

Biden would only invest $25 billion in airports and $17 billion for coastal ports, land ports of entry, and ferries.

On rail infrastructure, Biden proposes spending much more with $85 billion to modernize existing transit systems and $80 billion to fix Amtrak’s repair backlog.

Biden proposes to spend $111 billion to replace the country’s lead pipes and service lines, as well as upgrades to drinking, waste, and stormwater systems.

He also calls for $100 billion in spending to build high-speed broadband infrastructure across the country and $100 billion for electric transmission systems.

The rest of the bill’s spending includes massive spending on climate change initiatives such as development for electric vehicles and charging stations, electric school busses and federal vehicles, and clean energy technology.

Other big-spending items include $400 billion on expanding health care, $213 billion on affordable housing, and research training, and development programs.

Mitch McConnell: Biden’s Infrastructure Bill ‘Is Like a Trojan Horse’

WASHINGTON, DC - MARCH 16: Senate Minority Leader Mitch McConnell (R-KY) talks to reporters following the weekly Senate Republican caucus luncheon in the Russell Senate Office Building on Capitol Hill March 16, 2021 in Washington, DC. McConnell warned Senate Democrats not to abolish the filibuster, saying that he would use …
Chip Somodevilla/Getty Images
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Senate Minority Leader Mitch McConnell (R-KY) said Wednesday the Biden’s administration’s infrastructure bill is “like a Trojan horse.”

“It’s called infrastructure, but inside the Trojan horse, it’s going to be more borrowed money and massive tax increases on all the productive parts of our economy,” McConnell reiterated. “It’s like a Trojan horse.”

McConnell said if the plan is “going to have massive tax increases and trillions more added to the national debt, it’s not likely” he would support the measure.

The legislation also includes a proposition to tax American businesses at a higher corporate tax rate than Communist China charges American businesses. If the $2.25 trillion bill is passed into law, the corporate tax rate will increase from 21 percent to 28 percent, outdoing Communist China’s corporate tax rate of 25 percent.

Breitbart News also reported the bill “includes $300 billion for housing and $400 billion for elderly and disabled care.” The proposal will also involve “nearly $400 billion in ‘clean-energy credits’ to promote ‘green’ energy such as wind and solar.”

Rep. Ann Wagner (R-MO) also voiced her opinion about the legislation. “Why, as this country begins to reopen and recover economically, would the Biden administration be proposing tax policy which would, in the end, hurt the American family and millions of struggling small businesses?” she said.

Rep. Kevin Brady (R-TX), the ranking member on the House Ways and Means Committee, also opposed the plan on the basis of the remaining economic crisis. “No president has ever raised business taxes to recover from an economic crisis. This couldn’t come at a worse time,” he said.

Even Rep. Alexandria Ocasio-Cortez (D-NY) expressed her disappointment with the proposal in a tweet. “This is not nearly enough,” she insisted.


Joe Biden ‘Infrastructure’ Bill Includes $20 Billion Fund to Destroy ‘Racist’ Highways

MIAMI, FLORIDA - MARCH 17: Construction workers build the “Signature Bridge,” replacing and improving a busy highway intersection at I-95 and I-395 on March 17, 2021 in Miami, Florida. The Florida Department of Transportation is building the project in partnership with the Miami-Dade Expressway Authority and its contractor, the Archer …
Joe Raedle/Getty
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President Joe Biden’s proposed $2.5 trillion infrastructure bill includes funds to actually destroy infrastructure, according to reports.

The White House cited the Claiborne Expressway in New Orleans and Interstate 81 in Syracuse, New York, as two problematic highways going through black neighborhoods they would support destroying.

Biden’s mention of the Claiborne Expressway thrilled New Orleans activist Amy Stelly who has worked to destroy the highway.

“I’m floored,” she said to the Washington Post. “I’m thrilled to hear President Biden would call out the Claiborne Expressway as a racist highway.”

The White House fact sheet plans $20 billion to “reconnect neighborhoods” suffering from current infrastructure and make sure all new projects “advance racial equity and environmental justice.”

The concept of the injustice of racist infrastructure continues spreading throughout the Biden administration as they work towards racial equity across government.

“Black and brown neighborhoods have been disproportionately divided by highway projects or left isolated by the lack of adequate transit and transportation resources,” Biden’s Transportation Secretary Pete Buttigieg wrote on social media in December, promising to focus energy on “righting these wrongs.”

In March, Buttigieg’s department sent a letter asking Texas to pause an interstate expansion in Houston while they investigated racial justice complaints.

During his Senate confirmation hearings in January, Buttigeg promised to fight racial injustice in infrastructure.

“I also recognize that at their worst, misguided policies and missed opportunities in transportation can reinforce racial and economic inequality by dividing or isolating neighborhoods and undermining government’s basic role of empowering Americans to thrive,” Buttigieg said in his opening statement.

 

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