JOE BIDEN - NO MONEY FOR TWO YEARS OF FREE COLLEGE FOR LEGALS, BUT..... Biden’s ‘Build Back Better’ Budget Includes $80B Wealth Transfer to Illegal Aliens

 

CLINTON – OBAMA – TRUMPERNOMICS:

STEAL FROM THE AMERICAN MIDDLE-CLASS and

HAND IT TO THE SUPER RICH ON A SILVER

PLATTER!

http://mexicanoccupation.blogspot.com/2018/05/clinton-obama-trumpernomics-rich-get.html

 "The Wealth-X report shows that the world’s billionaire population has grown by 15 percent, to 2,754 people, since 2016, and that the wealth of these billionaires “surged by 24 percent to a record level of $9.2 trillion,” equivalent to 12 percent of the gross domestic product of the entire planet."

 The legislation has been shaped entirely by the class interests of the capitalist ruling elite, which demands both a continued supply of cash from the Treasury and a stepped-up supply of low-wage labor in the midst of the pandemic. In the course of these “negotiations,” measures that provide subsidies to businesses or promote the entry of more workers into the labor force have advanced, while measures that cost business money, sustain working people while they are not actively employed, or simply improve their lives, have been killed.

Biden opened the border, flooding our nation with millions of unemployed, unvetted, often terribly sick people who have no knowledge of or respect for our institutions.  Most plan to get the welfare and health care Biden promised.  Nothing stops terrorists and serious criminals, including killers; rapists; pedophiles; and traffickers of women, children, and drugs.  America receives no benefit from opening our border to impoverished, illiterate people from over 120 countries.  To add insult to injury, while Americans are being destroyed over the vaccine mandate, illegal aliens need not be vaccinated.

Biden’s ‘Build Back Better’ Budget Includes $80B Wealth Transfer to Illegal Aliens

11

Brandon Bell/Getty Images

JOHN BINDER

29 Oct 20210

3:16

President Joe Biden’s “Build Back Better Act,” a filibuster-proof $1.75 trillion budget reconciliation package, includes an $80 billion wealth transfer from Americans to illegal aliens via child tax credits.

This week, Democrats unveiled a reconciliation package that they negotiated with the Biden administration that would extend the Child Tax Credit (CTC) for another year and deliver billions of dollars to illegal aliens who would be able to claim the tax credit without ever having to work.

Specifically, as Breitbart News reported, estimates project that, if passed, the budget would provide illegal aliens with about $80 billion in child tax credits over the course of a decade — a massive cost to American taxpayers who would have to foot the bill. Analysis by the Center for Immigration Studies explains:

We estimate that illegal immigrants will receive $8.2 billion in payments from the new program annually — more than triple what they were eligible for under the old [Additional Child Tax Credit] — while legal immigrants will receive $17.2 billion. The 10-year cost just for illegal immigrants would total roughly $80 billion.

(Center for Immigration Studies)

(Center for Immigration Studies)

About 63 percent of immigrant-headed families, including illegal and legal immigrant households, with children would receive the tax credits. Meanwhile, 52 percent of native-born American families with children would get the tax credits.

Similarly, illegal aliens would score the highest tax credit payments under the plan, getting more than $5,100, while legal immigrants would secure $4,800 payments and native-born Americans would get $4,600.

Democrats and the Biden administration are pushing the plan despite opposition from most Americans. A Morning Consult survey this month found that 52 percent of registered voters are opposed to making permanent Biden’s expanded child tax credits. Just 35 percent, the survey shows, want the tax credits to be made permanent.

Likewise, a majority of 53 percent of swing voters said they oppose making the tax credits permanent and less than 3-in-10 said they want them to be made permanent. About 70 percent of Republican voters said they are opposed to the tax credits becoming permanent, while just 21 percent said the opposite.

With non-college-educated voters, a vital working class demographic for both parties, 53 percent said they are opposed to making the tax credits permanent, while 32 percent said they want the tax credits made permanent.

Already, the most recent research estimates that illegal immigration to the U.S. costs American taxpayers about $134 billion annually. The research suggests that each illegal alien costs taxpayers about $9,300 every year.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.

Report: Biden Considers Paying Border Crossers $450K Each in Reparations

26,902

John Moore/Getty Images

JOHN BINDER

28 Oct 20210

4:25

President Joe Biden’s administration is considering a plan that would give border crossers, who were subjected to former President Donald Trump’s “Zero Tolerance” policy, about $450,000 each in a reparations-style payout.

Trump had instituted the Zero Tolerance policy at the United States-Mexico border in 2018 to reduce illegal immigration. The policy, as Breitbart News reported at the time, had been effective since at least before 2001.

As a result of the policy, adult border crossers were often put into separate holding facilities from the children they arrived with at the southern border. Since then, the border crossers who were subjected to the policy have sued the federal government.

The Biden administration, the Wall Street Journal reveals, is now weighing whether to provide those border crossers with $450,000 each as part of a payout in the lawsuits filed.

In some instances, a migrant family could secure about $1 million from such a payout, more than some of the American families received following the September 11, 2001 terrorist attacks. The payout, overall, could cost American taxpayers more than $1 billion.

The Journal reports:

The Biden administration is in talks to offer immigrant families that were separated during the Trump administration around $450,000 a person in compensation, according to people familiar with the matter, as several agencies work to resolve lawsuits filed on behalf of parents and children who say the government subjected them to lasting psychological trauma. [Emphasis added]

The U.S. Departments of Justice, Homeland Security, and Health and Human Services are considering payments that could amount to close to $1 million a family, though the final numbers could shift, the people familiar with the matter said. Most of the families that crossed the border illegally from Mexico to seek asylum in the U.S. included one parent and one child, the people said. Many families would likely get smaller payouts, depending on their circumstances, the people said. [Emphasis added]

…

In another instance, a Department of Homeland Security attorney involved in the settlement talks complained on a conference call that the payouts could amount to more than some families of 9/11 victims received, one person said. Other people said senior departmental officials were in alignment on the amount and disputed the 9/11 comparison, given that the U.S. government hadn’t been responsible for the Sept. 11, 2001, terrorist attacks. The 9/11 victim compensation fund averaged awards to the dead of around $2 million, tax-free, at the time an unprecedented payout, the administrator of the fund has said. [Emphasis added]

“It would be unthinkable to pay damages to a burglar who broke into your home for the ‘psychological trauma’ they endured during the crime,” Sen. Tom Cotton (R-AR) said in a statement. “And yet the Biden administration wants to reward migrants who illegally entered our country with up to $450,000 each for just that reason.”

“The Biden administration’s promises of citizenship and entitlement programs have already caused the worst border crisis in history — a huge cash reward will make it even worse. This is the height of insanity,” Cotton said.

In their lawsuits, border crossers allege that their separation from the children they arrived with at the U.S.-Mexico border spurred mental health issues and trauma that they have struggled to overcome.

Lawyers for the border crossers want around $3.4 million per family unit.

Such settlements have occurred in recent years. For example, in June 2019, a family of Honduran border crossers won $125,000 in damages after they filed a lawsuit claiming the federal government had mistreated them when holding them in detention facilities.

In May, reports circulated that as part of such a settlement with border crossers subjected to the Zero Tolerance policy, the Biden administration would fly deported illegal aliens back to the U.S. and provide them with amnesty to remain in the country, as well as payments and social services.

John Binder is a reporter for Breitbart News. Email him at jbinder@breitbart.com. Follow him on Twitter here.

Labor Costs Rise at Record Pace But Workers Still Lose Out To Inflation

82

Photo by BRENDAN SMIALOWSKI/AFP via Getty Images

JOHN CARNEY

29 Oct 20210

2:45

The cost of employing the average U.S. worker increased at the fastest pace on record in the third quarter, data from the Labor Department showed Friday.

But workers are still losing out to inflation on an annual basis.

The employment cost index jumped 1.3 percent from the prior quarter, according to Labor Department data released Friday. The gauge increased 3.7 percent from a year earlier.

Wages and salaries, which make up 70 percent of overall compensation, increased 4.2 percent for the 12-month period ending in September 2021, a big acceleration from the 12-month period ending a year ago. Compared with the second quarter, wages were up 1.3 percent.  The cost of benefits rose 2.5 percent compared with 12 months ago, and 0.9 percent compared with the second quarter.

The Consumer Price Index, the Labor Department’s inflation metric, rose up 5.4 percent over the 12 months ending in September. Another measure of inflation, which gauges the changes in prices paid by wage earners and clerical workers, was up 5.9 percent.

The Department of Labor said wages and salaries fell 1.1 percent compared with a year ago after adjusting for inflation, which it does by comparing non-seasonally adjusted CPI for all urban consumers with unadjusted ECI.

A silver lining: inflation-adjusted wage costs rose six-tenths of a percentage point compared with the prior quarter, according to the Department of Labor. Overall compensation was up four-tenths of a percentage point. So even though workers are still behind on an annual basis, they regained some ground in the July through September period.

Economists had forecast a smaller rise in compensation costs of 0.9 percent for the quarter and 3.7 percent annually.

Compensation costs for workers in the private sector increased 4.1 percent over the year. Wages were up 4.6 percent and benefit costs up 2.6 percent.

Annual compensation cost increases ranged from 3.2 percent for management, professional, and related occupations to 6.1 percent for service occupations. Construction worker compensation rose three percent compared with a year ago. Leisure and hospitality compensation costs jumped 6.9 percent. Transportation and materials shipping workers were paid 5.7 percent more. The cost of employing workers in manufacturing rose 4.5 percent.