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Author Topic: Biden to propose $6 trillion budget, increasing federal spending to World War II levels  (Read 1243 times)

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BassWrangler

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Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« on: May 27, 2021, 12:37:27 pm »

https://twitter.com/thehill/status/1397888631067582465?s=21

President Biden is set to propose a budget totaling $6 trillion in the coming days, The New York Times reported early Thursday.

The proposal would contain major investments in infrastructure, education and health care, according to the Times, and bring federal spending levels to their highest since World War II.

Under the plan, documents for which were obtained by the Times, the federal government would spend $6 trillion in the 2022 fiscal year, and spending would increase to $8.2 trillion by the year 2031.

The federal budget deficit would reportedly hit $1.8 trillion by next year under the proposal and be pared down slightly before increasing again nearly $1.6 trillion by 2031...

https://thehill.com/homenews/administration/555670-biden-to-propose-6t-budget
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Offline mountaineer

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #1 on: May 27, 2021, 12:39:41 pm »
The Hill
Biden to propose $6T budget, increasing federal spending to WWII levels: report
By Dominick Mastrangelo - 05/27/21 08:10 AM EDT
Quote
President Biden is set to propose a budget totaling $6 trillion in the coming days, The New York Times reported early Thursday.

The proposal would contain major investments in infrastructure, education and health care, according to the Times, and bring federal spending levels to their highest since World War II.

Under the plan, documents for which were obtained by the Times, the federal government would spend $6 trillion in the 2022 fiscal year, and spending would increase to $8.2 trillion by the year 2031.

The federal budget deficit would reportedly hit $1.8 trillion by next year under the proposal and be pared down slightly before increasing again nearly $1.6 trillion by 2031. ...


https://twitter.com/benshapiro/status/1397889286234648576
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Online bigheadfred

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #2 on: May 27, 2021, 12:53:17 pm »
A fool and our money...
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Offline Mod2

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #3 on: May 27, 2021, 12:57:15 pm »
Threads merged.
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Online catfish1957

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #4 on: May 27, 2021, 01:09:17 pm »
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I display the Confederate Battle Flag in honor of my great great great grandfathers who spilled blood at Wilson's Creek and Shiloh.  5 others served in the WBTS with honor too.

BassWrangler

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #5 on: May 27, 2021, 03:47:59 pm »
It's the return of Porkulus.

« Last Edit: May 27, 2021, 03:49:25 pm by BassWrangler »
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Offline mountaineer

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #6 on: May 27, 2021, 10:34:03 pm »
Quote
... President Joe Biden will seek $6 trillion in federal spending for the 2022 fiscal year, rising to $8.2 trillion by 2031, the New York Times reported on Thursday, a day before the White House is expected to unveil its budget proposal.

Citing documents it had obtained, the Times said the Democrat president planned to pay for his agenda through increased taxes on corporations and high earners, and that the budget deficits would start to decrease in the 2030s.   ...
Reuters via Newsmax
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Offline skeeter

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #7 on: May 27, 2021, 10:41:39 pm »
Quote from: mountaineer on May 27, 2021, 10:34:03 pm
Reuters via Newsmax
Have we not yet learned that there are not enough "high earners" to pay for this kind of irresponsibility, and that the big mouthed politicians and fat assed bureaucrats will come after we middle class to make up the shortfall?
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Online bigheadfred

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #8 on: May 27, 2021, 11:04:58 pm »
Quote from: skeeter on May 27, 2021, 10:41:39 pm
Have we not yet learned that there are not enough "high earners" to pay for this kind of irresponsibility, and that the big mouthed politicians and fat assed bureaucrats will come after we middle class to make up the shortfall?

Apparently we haven't learned anything.
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She asked me name my foe then. I said the need within some men to fight and kill their brothers without thought of Love or God. Ken Hensley

BassWrangler

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #9 on: May 27, 2021, 11:07:36 pm »
Quote from: skeeter on May 27, 2021, 10:41:39 pm
Have we not yet learned that there are not enough "high earners" to pay for this kind of irresponsibility, and that the big mouthed politicians and fat assed bureaucrats will come after we middle class to make up the shortfall?

Unfortunately not. Neither the public schools nor the popular media do a good job of educating people about how much taxes are paid by the various income levels. And the Republicans seem to have given up trying to make this argument.
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Offline mountaineer

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #10 on: May 28, 2021, 01:23:33 am »
Who needs taxpayers when you can just print the money?
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Offline Hoodat

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #11 on: May 28, 2021, 01:37:56 am »
Quote from: skeeter on May 27, 2021, 10:41:39 pm
Have we not yet learned that there are not enough "high earners" to pay for this kind of irresponsibility, and that the big mouthed politicians and fat assed bureaucrats will come after we middle class to make up the shortfall?

They're not relying on "high earners".  They're relying on printing presses.
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Online bigheadfred

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #12 on: May 28, 2021, 02:48:10 am »
Quote from: Hoodat on May 28, 2021, 01:37:56 am
They're not relying on "high earners".  They're relying on printing presses.

And never get in a fight with people who buy ink by the tanker load...
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She asked me name my foe then. I said the need within some men to fight and kill their brothers without thought of Love or God. Ken Hensley

Offline mountaineer

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #13 on: May 30, 2021, 04:53:38 pm »
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Offline andy58-in-nh

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #14 on: May 30, 2021, 05:01:58 pm »
Quote from: mountaineer on May 28, 2021, 01:23:33 am
Who needs taxpayers when you can just print the money?

They don't even have to print it any more. It is just digitized into existence and used by the Fed to buy Treasury bonds to finance a swelling debt that is intended never to be repaid.
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Offline GtHawk

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #15 on: May 30, 2021, 06:17:47 pm »
Quote from: bigheadfred on May 27, 2021, 12:53:17 pm
A fool and our money...
A fool and our children's children's children's children's children's children's children's children's children's children's.........................money
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Offline GtHawk

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #16 on: May 30, 2021, 06:23:08 pm »
Quote from: mountaineer on May 28, 2021, 01:23:33 am
Who needs taxpayers when you can just print the money?
Just think of the future in store, shopping for a loaf of bread
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Offline LegalAmerican

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #17 on: May 30, 2021, 06:28:58 pm »
Quote from: GtHawk on May 30, 2021, 06:17:47 pm
A fool and our children's children's children's children's children's children's children's children's children's children's.........................money

All the lefty's and biden supporters and N.T'.S....ARE SO HAPPY and proud. 
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Offline mountaineer

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #18 on: June 01, 2021, 06:55:55 pm »

https://twitter.com/jj_talking/status/1399780759183921154

China will have no problem taking over. Check out the Defense Dept spending.
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Offline mountaineer

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Re: Biden to propose $6 trillion budget, increasing federal spending to World War II levels
« Reply #19 on: June 01, 2021, 09:38:52 pm »
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