Democrats keep claiming their massive spending bill is “popular” but we aren’t sure they’ve actually READ this 2,000+ page monstrosity.
Let’s take a look under the hood to determine how “popular” this bill actually should be.
🧵 THREAD 🧵 1/x
First, Dems are relying on budget gimmicks when they say this thing costs $1.75 trillion.
@BudgetModel found the true cost will be a whopping $4 TRILLION after Dems make their spending programs permanent
Even the NYT called them out on their BS 👇
2/x
nytimes.com/2021/11/04/us/…
Even if you buy that this will be paid for (it won’t) all of the spending is front loaded. It will increase the deficit by $800B over the first 5 yrs before recouping some of the costs later.
This means it will make inflation – which hit a 30 yr high in October – worse.
3/x
We know Biden was lying when he said this bill “costs zero dollars.”
The Biden admin is now attacking the non-partisan CBO after it found the tax enforcement provisions in the bill will raise a massive $280 billion LESS than the admin claimed.
4/x
nationalreview.com/the-morning-jo…
This radical bill would grant MASS AMNESTY to illegal immigrants in the middle of a border crisis.
Specifically, it would:
-Grant parole to illegals in the country
-Give illegals driver’s licenses and work permits
-Make illegals eligible for certain government programs
5/x
These provisions would exacerbate the already unmanageable #BidenBorderCrisis:
-In FY 2021, @CBP reported a record 1.7 MILLION southern border encounters
-11,200 lbs of deadly fentanyl has poured over our border in FY 2021
6/x
washingtonpost.com/national/borde…
This thing also contains a whopping $555 billion for “climate.”
These programs will destroy the grid and increase U.S. reliance on our enemies.
Exhibit A: Unreliable wind and solar electricity producers get billions in direct tax credits just to PRODUCE electricity.
7/x
Dems are also exploiting climate hysteria to bail out to corrupt unions.
On top of the massive tax breaks electric vehicles ALREADY receive, this would provide ANOTHER $4,500 to cars made by union labor.
This is an affront to taxpayers AND the right to work.
8/x
Oil and natural gas prices are skyrocketing, but Democrats STILL plan to tax American energy.
This bill reimposes a tax on EVERY BARREL OF CRUDE OIL.
It also fines oil and gas producers for methane emissions.
This will drive up gas and home heating costs even further.
9/x
And, of course, leave it to leftists to find a way to tie climate to radical gender ideology…
Check out this $85 million program that teaches healthcare workers climate change counseling for “pregnant, lactating, and postpartum individuals.”
Or, in the real world, “moms”
10/x
Speaking of healthcare workers, here’s a $50 million program to indoctrinate them with critical race theory under the guise of “antidiscrimination and bias training.”
When will Democrats learn?
11/x
The bill would also destroy healthcare freedom with things like a massive expansion of Obamacare.
Democrats’ plans are another massive step toward government-run healthcare.
12/x
dailysignal.com/2021/11/09/wit…
This also helps Biden enforce his tyrannical vax mandate that forces workers to choose between a vax or their job, by:
-Increasing the max OSHA fine from $70K to $700K (!)
-Giving OSHA $707 million to increase enforcement
We should abolish OSHA, not bolster it. #NOSHA
13/x
Dems will funnel hundreds of billions into programs that increase dependency on the gov’t – ranging from federal housing programs, to welfare tax credits, to gov’t-run childcare.
Worse still – these programs actually penalize marriage and work.
14/x
wsj.com/articles/spend…
Now let’s take a look at the disastrous tax policies.
This bill would increase taxes by $1.5 TRILLION – that doesn’t even account for the massive inflation it will cause.
@TaxFoundation found these increases will kill over 100,000 jobs, decrease wages, and shrink GDP.
15/x
Biden claims this won’t increase taxes on Americans that make $400K.
As we pointed out last week – that’s a lie.
One analysis found up to 30% of middle-class families will face tax increases.
16/x
nypost.com/2021/11/12/bid…
Under this bill, America would have the highest effective top income tax rate in the developed world, clocking in at an absurd 57.4%.
This will hurt growth and make the US a worse place to do business.
This is AMERICA LAST tax policy.
17/x
wsj.com/articles/ameri…
And the poor design of some of the tax hikes may end up hurting the retirement plans of many Americans.
Combined w/ cost-of-living increases stemming from record inflation, this will make it exceedingly difficult for retired folks on fixed incomes.
18/x
taxfoundation.org/biden-pension-…
Dems plan to DOUBLE the size of the IRS by giving it $80 billion.
This money isn’t to help Americans get their tax refunds on time
IRS will use most of it to hire thousands of new auditors to scrape every last penny out of your wallet.
19/x
wsj.com/articles/biden…
At this point, you may be wondering who actually benefits
Well – Dems plan to give a massive $300 billion tax cut to their rich blue state donors by lifting the SALT deduction cap
@BudgetHawks found 2/3s of American MILLIONAIRES will get a tax cut under this
20/x
And how about this provision?
This would directly subsidize the payrolls of “local news journalists” at a cost of $1.6 billion to taxpayers.
Perhaps this is the Democrats’ way of thanking the leftist media for all of its favorable coverage?
21/x
Taxpayers in right to work states will be forced to subsidize membership dues that fund corrupt unions.
This means parents will subsidize the tyrannical teachers’ unions that closed schools and force masks and vaccines onto our kids.
We call this the @rweingarten bailout
22/x
Of course, they also found a way to help wealthy individuals funnel cash to woke universities like Cal Berkeley with a tax credit for donations to public universities…
The provisions outlined above are just SOME of the outrageous things in this bill.
There are PLENTY more, like:
-$2.5 billion for “tree equity” (whatever that is)
-$200 million for “Native American language teachers and educators”
-$1 billion for “Pacific salmon”
24/x
BOTTOM LINE: It’s clear that Dem's plan to "Build Back Better" is completely unredeemable.
That’s why Rep. Roy introduced an amendment to strike every last word from the bill.
END
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