Well crap - the spending bill passes

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From Post Millennial:

House passes Biden's massive social spending bill after McCarthy's marathon speech opposing it
On Friday morning, the House passed Biden's $1.75 trillion Build Back Better spending package after House Minority Leader Kevin McCarthy delivered a marathon speech overnight that harshly condemned the Build Back Better spending package.

McCarthy's marathon speech lasted over eight hours as be blasted the bill, stalling the vote on the package.

McCarthy called the spending package "the single most reckless and irresponsible spending in the history of this country," noting that this is the most spend at one time "in American History."

"Never in American history will so many taxes be raised and so much borrowing be needed to pay for all this reckless spending," said McCarthy.

And McCarthy is right - from the Washington Examiner:

Democratic spending bill would add $367 billion to deficit, CBO says
The Congressional Budget Office said on Thursday that the House Democratic version of President Joe Biden's climate and social spending legislation would increase federal deficits by $367 billion over the next decade.

The much-anticipated score could further imperil passage of the legislation as it is currently written, given that some centrist Democrats such as Sen. Joe Manchin of West Virginia have pushed back on the notion of adding to the debt. Still, it is not as bad as some in the Biden administration had reportedly feared, and paved the way for the House of Representatives to move Thursday night to pass the legislation.

Just kick the can down the road - let our kids pay for all the pork.  We need some adults in the room now.

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This page contains a single entry by DaveH published on November 19, 2021 7:33 AM.

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