Multiple media outlets are reporting President Biden is considering a massive spending plan of $3 trillion on infrastructure and domestic initiatives.
The potential $3 trillion spending plan follows the $1.9 trillion virus relief package that recently became law.
The infrastructure aspects of the plan would include traditional transportation projects such as roads and bridges but it would also include green energy type efforts including charging stations for electric vehicles.
Domestic spending programs would address education like tuition-free community college and free pre-kindergarten school nationwide.
The New York Times reported addressing climate change is part of the spending plan with Gina McCarthy, the climate adviser, meeting with traditional energy companies and executives on infrastructure.
President Biden’s advisers are preparing to propose up to $3 trillion in spending on efforts to boost the economy, improve infrastructure, minimize carbon emissions and reduce inequality — paid for, in part, by tax increases on corporations and the rich. https://t.co/mhNzflH9oz
— NYT Politics (@nytpolitics) March 24, 2021
According to Axios, Biden is considering making a historic spending plan and is willing to force it through without Republican support. The president is also considering tossing the Senate filibuster rule to push it through.
People close to Biden tell us he’s feeling bullish on what he can accomplish, and is fully prepared to support the dashing of the Senate’s filibuster rule to allow Democrats to pass voting rights and other trophy legislation for his party
The New York Post called the spending plan “insane.”
— NY Post Opinion (@NYPostOpinion) March 24, 2021
With the U.S. massive government debt at $28 trillion and counting, it really is insane to pile on more debt.
It sure looks like Biden is planning to make significant transformational changes to the U.S. that will do untold damage to our country.