Infrastructure Bill Up For A Vote

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Infrastructure Bill Up For A Vote

Tomorrow the infrastructure bill is up for a vote in Congress--but what's in it? What's the economic impact? Click here to find out.
Hi Houston,

This week the U.S. House is set to debate the $1.2 trillion infrastructure bill on Thursday. Unfortunately, this is only a small piece of the financial pie that lawmakers have proposed. As our friend Stephen Moore pointed out, Congressional Democrats have proposed $11 trillion in spending in just the last six months.


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They are happy to dump that right on top of the current $28.8 trillion national debt to satisfy their goals.

They are also discussing a timeline to debate the "Build Back Better" plan which can more astutely be dubbed the Build Back Broker plan. Congress claims the bill would only cost $3.5 trillion over a decade, but in reality it's more like $5 trillion. And this plan is an assault on marriage and families, adding yet another reason why this proposal is a bad idea.

Don't just take our word for it, look at what Congresswoman Ashley Hinson (IA-01) and Congressman Michael Burgess (TX-26) had to say about it.

House Speaker Nancy Pelosi is pulling out an old line from 2009 by claiming that if we have to pass the bill to see what's in it. Well, that didn't exactly work out for most Americans when the same was said for Obamacare.

It's time for fiscal conservatism and for work toward a Responsible American Budget, not fiscal insolvency.

 

For Liberty,

 

Vance Ginn, Ph.D.

Chief Economist

Texas Public Policy Foundation