House passes $1.75tn socialist spending bill
The House of Representatives has passed President Biden’s $1.75tn “Build Back Better Act.”
The revised bill faced opposition from House Republicans, but the Democrats managed to get it passed 220-213. Only one Democrat, Maine’s Jared Golden voted against the bill.
The “Build Back Better Act,” which is also known as a Socialist Spending Package is a hallmark item of Biden’s agenda. The Democrats managed to break the ice after months of infighting, and coming to an agreement to revise the bill.
Even after being passed by the House, the revised Socialist Spending Package is yet to face its real opposition in the Senate.
The revised “Build Back Better Act” will use hundreds of billions of dollars to combat climate change. It would also give the Federal government the power to give work permits, as well as deportation protection cards/ids to millions of illegal immigrants.
The revised bill would also expand Medicare, lower the prices of prescription drugs and give large subsidies for childcare. It originally had a month’s paid leave, but moderate Democrats with their opposition managed to get it cropped.
Republicans, like some moderate Democrats worry the large spending would further put the taxpayer in debt. Apart from that, the bill is set to influence more to enter the country illegally.
President Biden celebrated the move after his Party reached a consensus and dropped arms over a week ago to pass the bipartisan $1.75tn Infrastructure bill, in exchange for the passing of the revised “Build Back Better Act.”
The Democrats reached a consensus over a week ago, where the moderates agreed to vote for the revised Socialist Spending Package after the Bipartisan Infrastructure bill was tabled and passed. But as it was passed, the moderates then asked for an updated CBO score for the revised Socialist Spending bill, consequentially delaying it for over a week.
However, once the score released, many moderates kept their promise today and voted for the revised bill.
The revised Socialist Spending bill is set to increase the US budget deficit by $367bn from 2022 to 2031, according to the Congressional Budget Office.
Republican Opposition
House Minority Leader Kevin McCarthy succeeded in temporarily getting the bill delayed after he made an 8-hour and 32 minutes long speech – Incidentally setting a new record for the longest ever on the House floor.
Previously, House Speaker Nancy Pelosi held the record for the longest speech – Sitting at 8 hours and 7 minutes.
No Republican voted in favor of the bill which was pushed by the far-Left.
Senate
Although, the Democrats have managed to get it passed by the House, the revised bill is now set to face its real opposition in the Senate.
As no Republicans are to support the Socialist Spending Package, the Democrats would need all 50 members to get it passed.
Two moderate Democrats have shown concern over the spending package since months, they are also seen as enemies by the progressives.
Senator Joe Manchin of West Virginia, and Senator Kyrsten Sinema of Arizona have still not commented on whether they would support the revised bill.
Both Senators, like the Republicans, and many economists fear the mindless spending in sectors with no return would punish the US economy.
Progressives however, wanting to somehow save the Planet and give out free money, desperately want it to be passed. Their original wish had over a trillion more dollars of spending, but moderates with their opposition ended most progressive hopes.
House Speaker Nancy Pelosi is adamant that Senate Democrats would show no opposition, but in a worst-case scenario for the Dems, the bill would end up back in the House.
It was the progressives versus the moderates within the Democratic Party after the latter finally became vocal over the mindless spending.
Far-Left protestors even ambushed Senator Manchin’s car to pressurize him ahead of the vote. He may face further attacks if he votes against the bill in the Senate.
Who will pay for it?
In short: The Taxpayer.
What the progressives don’t understand is that they like evert other taxpayer will end up paying more money through taxes to reimburse the costs reached with a month’s paid leave.
Businesses would go bust, taking the economy with them. Free money would encourage most not to work, in the end burdening the already overburdened taxpayer and damaging the US economy.
It will make everyone happy in the short term but experts fear for the long term nightmares they would bring.