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A Deeper Look At Biden’s $3.5 Trillion Spending Bill

by Market FinancePosted onSeptember 13, 2021September 13, 2021

This plan could be worse than most Americans could imagine.

Marc Short, who was the former chief of staff for former Vice President Mike Pence, recently gave more insight into President Biden and the Democrats goal to increase taxes for Americans while at the same time pushing to pass a $3.5 trillion spending bill.

Short warned that Biden and Speaker Pelosi were aiming to create “a welfare state” in the United States.

Short began by explaining just how much has already been spent. With massive spending such as COVID-19 tax relief, the infrastructure package, and the upcoming $3.5 trillion spending bill, Short noted that the spending already has reached $12 trillion which equals to the same as sending 100k to every family in America if it was sent directly to Americans.

According to Fox Business, Short then said, “The scope of this is mind-boggling. And I think that it’s more or less what Joe Biden and the Democrats looking to do is create a welfare state in which you have dependency from cradle to grave. The tax increases are covering every aspect of your life, from your income to your investments, again, increasing taxes upon death.”

As inflation is skyrocketing, Joe Biden wants to spend $3.5 trillion to make the problem worse.

This is a terrible idea. pic.twitter.com/yImQJLKwde

— Tom Cotton (@TomCottonAR) September 13, 2021

Short then talked about polling which was conducted and showed that a very large majority of Americans are completely against a new tax plan. Americans want spending to stop as inflation continues to senselessly skyrocket.

WATCH:

Former Pence Chief of Staff @marctshort: “What Joe Biden and the Democrats are looking to do is create a welfare state in which you have dependency from cradle to grave.”

Short and @MariaBartiromo discuss the Democrats hoping to raise the corporate tax rate to 26.5%. pic.twitter.com/kr1H8sHdPs

— Mornings with Maria (@MorningsMaria) September 13, 2021

* Additional Disclaimer: All content provided by this newsletter is for informational and educational purposes only and is not meant to represent trade, investment, or healthcare recommendations.

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Published by Market Finance

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