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AP Fact Check: Biden distorts bipartisan infrastructure deal

Associated Press, by Hope Yen , Christopher Rugaber & David Koenig

 

WASHINGTON -- President Joe Biden overstated the expected employment gains Tuesday in making his pitch for a bipartisan infrastructure proposal that he said would create “millions” of new jobs. That might or might not have resulted from his initial plan, but there's a smaller one on the table now.

 

https://abcnews.go.com/Politics/wireStory/ap-fact-check-biden-distorts-bipartisan-infrastructure-deal-78567072

 

 

 

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Remember this ?

 

Democrats unveil imaginary $3.5T spending package

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Considering the amount of excitement last night’s announcement appeared to generate in Democratic circles, it sounded as if the “other half” of the “infrastructure” bill was being revealed. Coming in with a price tag of $3.5 trillion, the new proposal is to contain the lengthy list of Democratic wishlist items that didn’t make the cut in the bipartisan infrastructure bill that was previously agreed on. And to hear Chuck Schumer describe it, it would be a “profound change” in how the government makes life better for Americans. Of course, nothing on the list actually has anything to do with infrastructure, so they might as well just call it a way to spend massive amounts of additional money that we don’t have. You’re going to have trouble examining the details of the bill, however, for reasons that we’ll get to in a moment. (NBC News)

 

Senate Democratic leaders announced an agreement Tuesday evening to advance a $3.5 trillion spending plan to finance a major expansion of the economic safety net.

 

Senate Majority Leader Chuck Schumer said the $3.5 trillion will be in addition to the $579 billion in new spending under the bipartisan infrastructure agreement.

 

He said the deal will include a “robust expansion of Medicare” that includes new benefits like dental, vision and hearing, along with major funding for clean energy. “If we pass this, this is the most profound change to help American families in generations,” he said.

 

Mark Warner declared that this bill “will be fully paid for.” That’s certainly an interesting claim. Schumer and Bernie Sanders are promising that there will be no new taxes on anyone making less than $400K per year and none on small businesses, either. So the entire $3.5 trillion bill will be footed by corporations and “the wealthy” who will be paying “their fair share.” (How many times have we heard that one before?)

 

The Democrats hope to get this bill passed before the current legislative session ends on July 31. With that in mind, I figured it would be a good idea to go search through the bill and report on some of the specifics.

 

Unfortunately, that proved to be impossible. Why? Because, as the linked article points out, “the legislation has yet to be written.”

 

 

Are you kidding me? They’re talking about a massive spending package that will flush vast sums of money to their friends who invest in green energy companies, along with a gargantuan expansion of Medicare and God-only-knows what else. And they haven’t even started writing the bill yet. But they’re going to slam it together and get it passed via reconciliation in a little more than two weeks? It would have to be passed that way because there’s no way this beast will attract any Republican votes. And until we see all of the details, they can’t even be sure that they’ll get all of the Democrats to go along with it.

 

They won’t need to write the bill from scratch, obviously. Nearly everything being suggested has come up before and been drafted in other spending bills that failed to pass. They can take the language from some of their greatest hits collections and cobble them together into one giant package, no doubt slipping in a few poison pills to go along with the big-ticket items. And why not? Nobody is going to have time to read the whole thing anyway.

 

In other words, the Democrats will need to once again abuse the reconciliation process without the Senate Parliamentarian shooting them down and keep all of their members together. And if that somehow happens, we’ll end up setting another massive pile of imaginary money on fire via a piece of legislation that nobody will have read and without an ounce of bipartisan support. This is no way to run an airline, folks.

 

https://hotair.com/jazz-shaw/2021/07/14/democrats-unveil-imaginary-3-5t-spending-package-n402115

 

 

Edited by B-Man
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First vote on bipartisan infrastructure bill fails as expected

 

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The so-called bipartisan infrastructure bill that’s dominated congressional news coverage for the past month had its first moment in the sun last night. It almost immediately failed. This seems to have been a bit of theater on the part of Chuck Schumer and Dick Durbin because they obviously must have already whipped the vote and knew it wasn’t going to come anywhere near sixty. In the end, it didn’t even make it to fifty because Schumer had to switch his vote at the last moment, allowing him to bring it up for another vote as soon as Monday. So will it pass next week? Possibly. 

 

{snip}

 

Most of the coverage of this vote that I’ve seen this morning has attempted to focus on the bright side, suggesting that approval is just around the corner and Joe Biden will finally be able to chalk up another legislative victory. But you have to dig a bit further into the details to discover why the eleven Republicans who participated in this project weren’t ready to go along with the vote to proceed quite yet. Way down near the bottom of the linked article there is a reference to a letter that the eleven GOP members sent to Schumer. It says that they will likely be ready to proceed to a vote on Monday “if certain details about the package are ready.”

 

Minority Leader Mitch McConnel was a bit more blunt about it. “Around here, we typically write the bills before we vote on them,” he said.

 

So the reality is that the bipartisan group hasn’t even finished writing the bill yet. There is still the opportunity to tack on any number of new items that could sink it entirely, and yet Chuck Schumer wanted to push everyone to sign off on starting the debate yesterday.

 

Those of you old enough to remember the congressional debates over Obamacare likely recall when Nancy Pelosi said, “we need to pass the bill to find out what’s in the bill.” Chuck Schumer is never one to be outdone. The new message is, we need to vote on the bill before we bother writing the bill.

 

Some of you might be thinking there’s no harm in this. After all, they weren’t voting on the final passage, but just an agreement to move forward and begin debate. Fair enough. But the GOP has been burned too many times by agreeing to something only to have the Democrats insert poison pills at the last moment. And if they bring the bill to the floor for debate and then lose most of the eleven Republicans due to some last-minute shenanigans, what was the point of investing all of this time, to begin with?

 

https://hotair.com/jazz-shaw/2021/07/22/first-vote-on-bipartisan-infrastructure-bill-fails-as-expected-n403852

The bottom line is that this bill may well move to the floor on Monday and possibly make it to Joe Biden’s desk. Then Chuck Schumer will be stuck trying to figure out a way to jam through the massively bloated three-to-five trillion-dollar Democratic wishlist that’s waiting in the wings. Since that would have to be done via reconciliation, the Senate Parliamentarian will likely be very busy in the coming month. Stay tuned.

 

 

 

 

 

 

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On 6/30/2021 at 11:05 AM, B-Man said:

 

 

AP Fact Check: Biden distorts bipartisan infrastructure deal

Associated Press, by Hope Yen , Christopher Rugaber & David Koenig

 

WASHINGTON -- President Joe Biden overstated the expected employment gains Tuesday in making his pitch for a bipartisan infrastructure proposal that he said would create “millions” of new jobs. That might or might not have resulted from his initial plan, but there's a smaller one on the table now.

 

https://abcnews.go.com/Politics/wireStory/ap-fact-check-biden-distorts-bipartisan-infrastructure-deal-78567072

 

 

 

Wow...that’s literally the first fact check I have seen go against a Democrat/Leftist...

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Time for Nancy to work her magic. Republicans should pay attention. They’ve never had a House leader that can maneuver like the master.

 

Manchin is already onboard with the reconciliation package. He’ll do his usual whining along the way but we have his vote in the end.

 

Everyone wins in the end. GOP senators look good after being blamed for the last administration that wasn’t capable of introducing any meaningful legislation in 4 years. Progressives get their grab bag of goodies and expansion of programs. There will be something similar to Manchin’s recent voter bill proposal added to wreck the recent red state suppression laws.

 

Biden gets to do the victory lap and enjoy a nice bounce. His legislative agenda will be nearly completed and Dems can pivot to HC heading into the midterm elections.

 

Trump and his cult snowflakes cry and continue hating police and America while chasing weird social issues that no one cares about.

 

Mitch has a Lara Trump problem. There’s no way he can take back the senate if they give away the NC seat. He’s gotta get her out of there and find someone electable to run there or he’s doomed.

Edited by Governor
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1 hour ago, Governor said:

Time for Nancy to work her magic. Republicans should pay attention. They’ve never had a House leader that can maneuver like the master.

 

Manchin is already onboard with the reconciliation package. He’ll do his usual whining along the way but we have his vote in the end.

 

Everyone wins in the end. GOP senators look good after being blamed for the last administration that wasn’t capable of introducing any meaningful legislation in 4 years. Progressives get their grab bag of goodies and expansion of programs. There will be something similar to Manchin’s recent voter bill proposal added to wreck the recent red state suppression laws.

 

Biden gets to do the victory lap and enjoy a nice bounce. His legislative agenda will be nearly completed and Dems can pivot to HC heading into the midterm elections.

 

Trump and his cult snowflakes cry and continue hating police and America while chasing weird social issues that no one cares about.

And I win big because all this government spending will accelerate an already high and increasing inflation rate as I've structured my investment portfolio over the past 15 months to take advantage of those specific circumstances.  And while all the clueless who cheer on expensive debt funded government spending programs, that will absolutely 100% guaranteed need to be monetized by the Federal Reserve, will suffer because the value of the currency and the falling purchasing power of their income will dramatically downgrade their lifestyles I will be in great shape.  So thank you for supporting such foolishness.  The good news is there is still time for others to do the same but that window is closing.

 

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38 minutes ago, All_Pro_Bills said:

And I win big because all this government spending will accelerate an already high and increasing inflation rate as I've structured my investment portfolio over the past 15 months to take advantage of those specific circumstances.  And while all the clueless who cheer on expensive debt funded government spending programs, that will absolutely 100% guaranteed need to be monetized by the Federal Reserve, will suffer because the value of the currency and the falling purchasing power of their income will dramatically downgrade their lifestyles I will be in great shape.  So thank you for supporting such foolishness.  The good news is there is still time for others to do the same but that window is closing.

 

Debt will destroy this country, and both parties are responsible.

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1 hour ago, All_Pro_Bills said:

And I win big because all this government spending will accelerate an already high and increasing inflation rate as I've structured my investment portfolio over the past 15 months to take advantage of those specific circumstances.  And while all the clueless who cheer on expensive debt funded government spending programs, that will absolutely 100% guaranteed need to be monetized by the Federal Reserve, will suffer because the value of the currency and the falling purchasing power of their income will dramatically downgrade their lifestyles I will be in great shape.  So thank you for supporting such foolishness.  The good news is there is still time for others to do the same but that window is closing.

 


If you are pre tax and dollars you are still exposed. 

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