Opinion | The Sanders Democrats Go For Broke

The price of Republicans losing those two Georgia Senate seats in January was always going to be steep, and late Tuesday Democrats presented America with the bill: $4.1 trillion. That’s how much in new taxes and spending President Biden, Bernie Sanders and Nancy Pelosi hope to ram through Congress with the narrowest majorities in decades.

Senate Democrats announced that they’ve agreed on a top-line budget resolution total of $3.5 trillion. They hope to pass this with 50 Senate Democrats plus Vice President Kamala Harris to break the tie. That’s in addition to the $600 billion or so in net spending in the bipartisan infrastructure framework.

Don’t believe the spin that this is a compromise from the $6 trillion that Mr. Sanders floated some weeks ago. That was a feint to make the final number appear more moderate. This would be the largest spending increase in U.S. history, and a huge increase in the size and scope of government. It would lift federal spending as a share of GDP to more than 25% from the modern norm of 20% to 21% or so. Democrats are going for broke—literally.

“Every major program that President Biden has asked us for is funded in a robust way. And we are making some additions to that,” crowed Majority Leader Chuck Schumer, standing next to Mr. Sanders. “Most important, something that Senator Sanders has led, and convinced America is so important, which is a robust expansion of Medicare, including money for dental, vision and hearing.”

Mr. Schumer didn’t mention the cost of this new Medicare fillip: about $300 billion. And for a Medicare entitlement that the Trustees in their annual report say will already start to run out of money as early as 2024.

opinion Infrastructure is an investment in our future. Tax cuts for the wealthy is money down the drain.

opinion But the huge tax cuts for the wealthy a few yrs ago were fine.

opinion Why do poor people support tax cuts for billionaires?

opinion The cost to the 1% overall is minimal; they/you just don’t want to pay your share.

opinion Aren't all of Sanders' Democrats broke already?

opinion Oh, but the trillions in tax cuts by Bush and Trump,, that exploded the deficit, they were just fine, right?

opinion Republicans are a terrorist organization.

opinion Now do the bill that gives trillions in tax cuts for the wealthiest that the Nazi Party passed!

opinion Get rid of 95% of the tax code and get rid of wasteful spending- we don’t have a tax problem we have a spending problem and the spenders are not held accountable.

opinion

opinion Someone has to fill all these potholes all over the USA and it ain't gonna be GOP. Vote blue. People who understand you have to spend money on other things than the military, police & jails. Investment in betterment of our communities, not punishment. It really is a clear choice.

opinion But a tax cut for the rich in that amount, well that would be fine.

opinion The investment is worth it unlike the bill for the billion $ tax giveaway the the Republicans handed the American taxpayer.

opinion

opinion

opinion Challenge accepted.

opinion This publication is nothing but a right wing rag. You used to be balanced but you've gone down the rabbit hole. Nothing you say is worth reading.

opinion Oh no!! Us filthy poors might have a slim chance at a slightly nicer life!!!

opinion That’s an opinion . . .

opinion It will help average Americans for a change, instead of just the richest.

opinion Thanks for weighing in, Rupert!

opinion Republicans can never take credit for helping the economy for the working guy. It’s because they never have done anything for grass roots America. Take your tax break and run along.

opinion Then when they pass it republicans will take credit for the benefits even tho none will vote for it lol 😂

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