Psaki Admits Biden’s Spending Bill Carries a Cost

All we keep hearing from Democrats is how Joe Biden’s $5 trillion in spending won’t cost a penny.

Of course, we all know that is a lie.

White House Press Secretary Jen Psaki just let the cat out of the bag and admitted there is a cost associated with the spending bill.

It Does Cost Somebody

Joe Biden keeps saying his tax plan will cost nothing, but it will.

Regardless of how he paints this picture, someone is going to be paying for it.

Exactly who remains unclear because that will largely depend upon more legislation passing.

This is the narrative that Joe Biden is pushing…

When Psaki was hit on this, she stated, “There’s a clear difference to what we’re talking about as it relates to taxpayer funds or funding that would lead to our debt, right, which I know a lot of Republicans are supposedly concerned about.

“Fifty of the top companies last year in 2020 paid not a dollar in taxes.

“A lot of high-income individuals pay lower tax rates than nurses and teachers. No one thinks that’s fair.

“Yes, we’re asking them to pay more. Yes, it will cost them more.”

Here is the problem… when you start overtaxing corporations, jobs start to go away.

Additionally, consumer prices go up.

On paper, Biden can say the rich and corporations will pay, but in reality, it is the average American that will be footing this bill, one way or another.

So, here is a crazy idea…

Get rid of all the fluff and put through an infrastructure bill that addressed infrastructure and not every Democrat pet project on the planet.

Then, maybe, just maybe, the American people would get behind this bill.

Otherwise, all we are doing is dooming several generations to pay off this ridiculous debt this country has created over the last four decades.

Source: Fox News

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A week ago, Joe Biden told Americans that prices aren’t actually high.

But the numbers don’t lie.

Inflation is up 14.4% since Biden took office.

And all the president can offer are more lies.

Inflation ⬆️ more than expected.

Overall CPI: +6.4% y/y
Fuel Oil: +27.7%
Electricity: +11.9%
Groceries: +11.3%
Chicken +10.5%
Milk: +11%
Eggs: +70.1%
Bread: +14.9%
Potatoes: +12.4%
Baby Food: +10%
Airline Fares: +25.6%
Real Average Hourly Earnings: -1.8%

Year-over-year real wages have been negative for 22 months - ever since Biden forced through his $1.9 trillion "stimulus."

That's a wages recession for American workers.

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