Whoa: Kevin McCarthy Put the Over-the-Top Democrat Spending Bill's Price Tag Into Perspective
By Brandon Morse | Sep 20, 2021 2:30 PM ET
House Minority Leader Kevin McCarthy looked at the $4.5 trillion worth of spending Democrats are proposing and recognized how the price tag compared to spending America has had to make in the past.
As reported by The Hill, appearing on John Catsimatidis’s show on WABC 770AM, McCarthy was commenting on how dangerous the $1 trillion Senate-passed infrastructure bill and the $3.5 trillion social spending plan are together. The minority leader warned that it was an obvious “redistribution of wealth” that would “create greater inflation.”
On top of the bill, as it currently is, Democrat extremists like AOC and Cori Bush want to add more to the bill such as unemployment insurance reforms. All in all, McCarthy predicted a price tag of “more than $5 trillion.” To put that kind of money into perspective, McCarthy brought up an interesting comparison.
“That’s the amount of money we spent to win World War II,” he said.
This is pretty close to the truth. According to USA Today, adjusting for inflation, America spent $4.69 trillion over the course of three years and nine months.
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https://redstate.com/brandon_morse/2021/09/20/whoa-kevin-mccarthy-put-the-over-the-top-democrat-spending-bills-price-tag-into-perspective-n445541
