The Democrats’ radical, socialist agenda comes at a price, and it ain’t pretty.
According to National Review, the first 100 days of the Biden Administration include new spending proposals reaching unprecedented levels: $5.95 trillion.
- While attempting to hike taxes that every American will shoulder, Democrats’ spending spree amounts to more than $46,000 per American household.
- Said another way, Democrats’ socialist agenda will cost each American man, woman, and child nearly $18,000.
- At this level of spending, coupled with $2 trillion in tax hikes, America is on the fast-track to bankruptcy.
- Democrats’ runaway spending and out-of-control taxes threatens the American dream for workers.
By Dan McLaughlin
April 28, 2021
As Phil Klein notes, Joe Biden’s two big spending proposals (one on infrastructure and one on social programs), combined with the “COVID relief” package he already passed, amount to $5.95 trillion in new spending — more than the entire pre-pandemic federal budget.
Biden’s new spending — remember, this is in addition to the existing federal, state, and local budgets — comes to $46,321.17 for each and every household in the United States. That is over 70 percent of median household income. Biden wants to blow through 70 percent of the typical family’s annual income just in spending proposed in his first 100 days in office. Nothing remotely like this has ever been done in American history.
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