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Urge the Senate to reject the $1.2 TRILLION infrastructure bill that is NOT paid for!
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The Senate is set to vote on a $1.2 trillion infrastructure spending bill on Saturday in a vote that will require 60 votes, meaning President Joe Biden will need at least 10 Senate Republicans to vote to go along with it.
The bill breaks down with $110 billion of direct spending, $415 billion of discretionary and increase Department of Transportation contract authority by $196 billion to $789 billion through 2031, according to a Congressional Budget Office (CBO) estimate. Overall, that will add $256 billion of new borrowing, adding to the national debt, according to CBO. That’s not cheap. But Committee for Responsible Federal Budget straightens that out, writing in its analysis, “On net, the legislation would cost over $340 billion based on its direct effects.”
That’s not paid for, despite what was promised by Senators headed into this mess. Sen. Mitt Romney (R-Utah) had previously declared, “This is a bill which is paid for."
Since Jan. 2020, the national debt has skyrocketed by $5.25 trillion to $28.4 trillion with all of the emergency Covid spending, with much of it financed by the Federal Reserve’s printing press. Making matters worse, the bill will pave the way for the next big spending boondoggle, the $3.5 trillion that House and Senate Democrats plan to pass on a 50-vote threshold in the Senate on budget reconciliation.
Meaning, the American people, one way or another, will be paying for the infrastructure bill—and everything that comes after it—for years to come.
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Urge the Senate to reject the $1.2 TRILLION infrastructure that is NOT paid for!
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