Biden Administration

After $1.9 Trillion Spending Hike, Biden Is Planning $3 Trillion in New Spending

This time with tax increases too!

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It's been a whole 11 days since President Joe Biden signed a $1.9 trillion spending bill, so naturally the White House is already planning the next, even bigger spending package.

The New York Times reported Monday that Biden's advisors are prepping a $3 trillion hike in federal spending. The money would go to infrastructure projects, climate change initiatives, community colleges, and a variety of other Democratic priorities. The plan may also include higher taxes on businesses and wealthy individuals, but it seems unlikely that the tax increases would offset such a massive spending binge. And that means Biden's plan is almost certain to add to the $28 trillion (and rapidly growing) national debt.

This is the big-time spending package that Biden has been promising since last year's presidential campaign. The pandemic bill passed earlier this month was merely a prelude.

The numbers here are simply staggering. Consider the fact that in 2019, the last full budget year before the pandemic, the federal government spent a grand total of $4.4 trillion. Combined with the bill that already passed in March, this plan represents nearly $5 trillion in new spending.

Though the specifics of the proposal are in flux, it seems to bear some similarities to the $1.9 trillion American Rescue Plan (ARP) that Biden signed into law earlier this month. That bill was ostensibly a COVID-19 relief measure, but only a small percentage of the money was actually directed toward dealing with the pandemic. The upcoming $3 trillion package will be called an infrastructure bill, but the Times says only about $1 trillion would be directed toward such traditional infrastructure items as roads, bridges, ports, and improvements to the electric grid.

The rest of the package will probably be packed with progressive policy items—stop me if you've heard this before—including a new paid family leave program, free community college, and universal pre-K education. The estimated $3 trillion price tag does not include the cost of extending temporary tax cuts, such as the child tax credit expanded by the ARP.

The Times reports that Biden is aiming to raise the top individual income tax rate from 37 percent to 39.6 percent, and that he may propose lowering the threshold for that top rate to $400,000. Currently, it applies to individuals who earn more than $500,000 annually and couples who earn at least $600,000. Biden's team has been kicking around ideas like raising the corporate income tax rate from 21 percent to 28 percent and imposing a higher capital gains tax on individuals who make over $1 million annually.

The corporate tax hike alone would kill 159,000 jobs and reduce long-term economic growth, according to an analysis by the nonpartisan Tax Foundation. Raising the federal corporate tax rate to 28 percent would make the average state-and-federal tax burden for American businesses 32.34 percent—the highest rate in the developed world.

As significant as the tax increases might be, the mounting national debt probably represents the more serious consequence of the Biden administration's plans. Before ARP passed, this year's budget was estimated to be $2.2 trillion. It may be close to twice that high now, before any further borrowing for an infrastructure bill is included.

Thanks to a splurge of federal spending before and during the COVID-19 pandemic, the national debt is now larger than the entire American economy. On its current trajectory—that is, even without any additional new spending—the debt is projected to grow to double the size of the economy within the next 25 years. Even if outlandish amounts of debt don't trigger a major fiscal crisis in the years to come, merely making the interest payments on it will reduce long-term economic growth and Americans' standard of living.

Politically, Biden's proposal will be a major political test for both parties in Congress. With slim congressional majorities, Democrats will have to convince potentially vulnerable members from purple districts and states to support a massive spending bill packed with progressive agenda items. Republicans, meanwhile, have abandoned pretty much any interest in making fiscal policy a political battleground and have retreated into nonstop culture wars.

Speaking on the Senate floor Monday afternoon, Minority Leader Mitch McConnell (R–Ky.) warned that Biden's "so-called infrastructure proposal" might "actually be a Trojan horse for massive tax hikes and other job-killing left-wing policies." That seems like an apt description of what Biden's advisors are preparing.

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  1. I want to joke “Wake me up when congress uses the word Quadrillion” but I’m not sure I dare even joke about that.

    1. How about debt of a quintillion, a septillion, an octillion, or a decillion?
      That is the trouble with you non-polititions, you don’t think big enough! (sarc)

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    2. A Trillion here, a Trillion there, pretty soon we’ll be talkin’ real money.

      1. What part of Quadrillion did you miss? Please adjust your joke accordingly.

        1. None of it. The quadrillion = the real money.

        2. The only one I missed purposely is a gazillion, which like the US budgets are just a made up and pure fantasy. Quadrillion was in the post I was answering, I also left sextillion and Nonillion out the list was getting too long!
          gazillion
          [ guh-zil-yuhn ]
          noun Informal.
          an extremely large, indeterminate number.

          1. You didn’t even mention kajillion

  2. >>so naturally the White House is already planning the next, even bigger spending package

    attempted cute?

    1. And this all came as a complete shock to absolutely no one except the writers at Reason.

  3. Somebody is shooting up a King Soopers (which I guess is a supermarket) in Boulder, CO right now. Shooting at cops and everyone else. https://www.thedenverchannel.com/news/local-news/active-shooter-reported-at-king-soopers-in-boulder

    It sounds bad. I don’t know how bad, yet.

    1. Per reports from people listening to scanners, 6 shot citizens, unknown if deceased, and one police officer. Also unknown if deceased. Suspect cuffed and carted off in an ambulance.

      I imagine we’ll learn more shortly.

      One nice thing about the Covid hysteria was that it kept the mass killings like this down. Or confined them to nursing homes, depending on your point of view.

      1. Shootings nearly doubled in many major cities.

        1. Mass killing with six at a time.

          Yes—and we’ve gone over this before here—overall violence skyrocketed last year. Even removing civil disorder-related violence. Far more shootings, and because gun control groups want to bump the numbers, “mass shooting” now means two or three shot in one incident. And not a half dozen or more at one time.

          Which coincides with how a lot of “I wuz disrepeked,” shooting incidents happen. Due to ghetto aiming or lack thereof, plus their fondness for handguns vs rifles, means the killings from these mass shootings—per incident—don’t come close to things like this today. ‘Course there are a lot more shootings in the hood, as a visit to heyjackass will show you. I’m still surprised that hasn’t been canceled yet.

          Let’s see what happens. I doubt it will be good for liberty.

          1. Mass shootings at 6 people is arbitrary. Useless to keep track

      2. Only if the victims are the right color.

      3. The question is, how many suicides offset a death from a ‘mass shooter’ incident. in 2018 there were 387 deaths from mass shootings and 48,000 suicides. So a drop of 90% in the mass shooting rate isn’t much of a victory if there’s even a 1% rise in the rate of suicide.

    2. I don’t know how to feel about this if he is wearing a Maga hat then he is evil and needs to be executed and all Republicans are white supremist, however if he says black live matter then he is a noble protester for equity.

      1. If it’s BLM then he was driven to despair by MAGA, and we wouldn’t have these problems if we had common-sense gun control. Not the evil GOP ones, but the common-sense Democrat ones.

        1. Maybe someone raped his kid. Probably some lefty piece of shit that thinks it’s cool to post kiddie porn links on websites like this one.

      2. Quit hesitating and formulate a narrative already, pussy! If he’s white and says, “I have a problem with sex addiction.” he’s an anti-Asian racist. If he’s brown and says “Allahu Akbar!” he’s homophobic. If he’s black and says, “I want to kill white people.” at a BLM protest, you chalk him up as the exception to the mostly peaceful rule and move on.

        Quit acting like factual accuracy matters, you privileged bigot.

    3. Did they link it to trump yet? If so nation changing. Otherwise meh.

      1. After $1.9 Trillion Spending Hike, Biden Is Planning $3 Trillion in New Spending

        JesseBahnFurher will explain that this PROVES that Reason.com ADORES socialism, Demon-Craps, and the installment of Demon-Crap mind control devices in ALL of us!

        ALL WHO DON’T SUCK ORANGE DICK ALL DAY EVERY DAY, ARE MARXISTS, JESSEBAHNFUHRER WILL EXPLAIN!!!!

        1. I’m not shocked you aren’t outraged by 3 trillion more, you are a biden cultist. I’m sure wapo and the atlantic explained why this is acceptable.

          1. “Did they link it to trump yet?”

            Next thing ya know, JesseBahnFuhrer will bitch up a YUUUUUGE storm about why the Marxists will drag, willy-nilly, Trump into EVERY topic that comes up!

            (PS, you disrespected Your Dear Leader by NOT CAPITALIZING Trump! Hang yer head in shame, blasphemous heathen!)

            1. Don’t worry sarcasmic, I’m sure your stimulus check will be in soon to buy more plastic bottles of vodka.

              Of course you’re too stupid to see the media did just that with the Atlanta shooting because frankly you’re a fucking idiot.

              The shooter openly stated his intentions, sex addiction. His past agrees with it due to a rehab. His friends and family confirmed his sexual issues.

              Yet the media told you it was due to trump and you ate it up like it was shit. Because you’re a dumb, drunk mother fucker.

              1. You seek enemies where there are none, strife-seeking slave to the Evil One! I read the below and agreed with MUCH (not all) of it!

                https://www.foxnews.com/opinion/tucker-carlson-atlanta-shooter-media-political-agenda

                Asshole! You need to tweak your tin-foil hat!

                1. Just kill yourself you dumb cunt. R family wants it that way, I’m sure.

                  You know I’m right.

              2. https://biblehub.com/proverbs/28-1.htm

                “The wicked flee though no one pursues…”

                An accurate description of YOU and your paranoia, and paranoia in general, WAY before psychology as a science was a “thing”! This describes YOU, wicked person! You flee from, and make enemies of, people, even when they AGREE with you!

                EVERYONE is out to GET you, right, JesseBahnFuhrer? Because of “projection”? Because YOU are an evil power pig, everyone else MUST be a power pig, right, JesseBahnFuhrer?

            2. Next thing ya know, JesseBahnFuhrer will bitch up a YUUUUUGE storm about why the Marxists will drag, willy-nilly, Trump into EVERY topic that comes up!

              And right on cue, here you are bringing Trump into a discussion about Biden’s budget. WTF is wrong with you?

              1. JesseAz
                March.22.2021 at 6:13 pm
                Did they link it to trump yet? If so nation changing. Otherwise meh.

                End Jesse-drool.

                Hey DenverJ you LAZY reader… You spit out a comment without even reading the chain of posts, first! Hey lazy idiot! Jesse dragged Trump into it first! My tribe right, your tribe wrong! It is the ONLY way that many of you troglodytes even PRETEND to think!

          2. Seriously man, why do you respond to the Squirrel?

            Flag, ignore, refresh. Maybe it’ll get bored and go away.

          3. Acceptable? It’s Biden’s “signature achievement for remaking America, Building Back Better” to the cheerleaders in the press.

      2. Not Trump yet, but some jackass has already linked it to “anti-mask violence,” because the shooter wasn’t wearing a mask when they took him.

        https://twitchy.com/brettt-3136/2021/03/22/active-shooter-reported-in-boulder-colorado-kurt-eichenwald-hopes-it-wasnt-anti-masker-violence/

        1. He wasn’t even wearing pants.

    4. King Soopers is the Colorado name for Kroger and City Market.

      1. Fred Meyer where I live.

    5. Ah, I was wondering when there would be a conveniently timed shooting to usher in the new round of gun laws. Right on schedule!

    6. I don’t even know how this is physically possible. Boulder is a gun-free zone. How could they possibly get guns in there?

  4. And they send counterfeiters to jail for printing money?

    1. Only givermint can legally steal.

  5. Boehm has a really dumb looking shocked face.

    1. Chronic case of dumb-looking shocked face.

  6. What’s up peanuts?!

    Trump started this by forcing Nancy Pelosi and Chuck Schumer to force through the biggest spending bills in history. Sure, sometimes they were vetoproof and other times Trump refused to sign them, but I’m paid to say it was Trump’s fault, so here we are.

    And it’s because of the Trump overspending that we are now in a position where poor Biden has to follow along. He’s got no choice!

    Besides, they have a fix for all this. Can you say massive inflation? Sure your savings will be worth jack-shit, but at least we’ll be off the hook. And you’ll be alright because they’ll give you a UBI… just make sure you keep that social credit score high.

    1. You download child porn.

      1. You know soon there’ll be a P in the LGBTQ+ spectrum and then you bigots won’t be so smug anymore.

    2. Imposter Buttplug. Has no apostrophe.

      Serisously, fuck Biden. This is Trump level spending.

      1. Uh, yeah ,it does have an apostrophe.

  7. The younger Xi’s early childhood was largely spent in the relative luxury of the residential compound of China’s ruling elite in Beijing. During the Cultural Revolution, however, with his father purged and out of favour, Xi Jinping was sent to the countryside in 1969 (he went to largely rural Shaanxi province), where he worked for six years as a manual labourer on an agricultural commune. During that period he developed an especially good relationship with the local peasantry, which would aid the wellborn Xi’s credibility in his eventual rise through the ranks of the CCP.

    https://www.britannica.com/biography/Xi-Jinping

    We are borrowing money from a made man and a wiseguy. Joe from Scranton is out his league and the Donald was only a tad stronger.

  8. Seems Biden has bought into MMT hook, line, and sinker. We’re probably just getting the sunk.

  9. Things are greatly improved.

    Only 10% of the “COVID relief bill” went to dealing with the Communist CHinese Virus, and 33% of the “infrastructure bill: will deal with infrastructure.
    At this rate, the bills might be accurately named by the end of this administration. (or not)

    1. (I blame my Communist Chinese keyboard for any and all typos)

      1. Blaming things on Communism is racist, bigot.

  10. So if you haven’t figured it out yet, they are going to inflate away the value of your savings and labor by printing trillions and trillions of dollars.

    Buy bitcoin.

    1. Oh yeah, Bitcoin is the thing to buy to shield you from the risks of a fiat dollar. Jesus. You could also buy tulips, or bundled loans. Gold- buy gold, but not gold certificates, actual bullion. “Buy bitcoin” this guy says.

      1. It’s worked out pretty well for the last 8 years.

        1. Tulips worked out pretty well for a while, especially if you got out of them at the right time.

          1. If you don’t understand bitcoin it’s okay, there’s no need for you to prove it by comparing them to tulips.

          2. I looked over all these issues and decided the best investment was in drugs. At least if everything goes to hell you can get high and not care. The trick is simply buying enough. If things do go well drugs never lose value and are easy to sell.

      2. Bitcoin is a good investment because it is expected to appreciate in value. We live in clown world so it’s entirely possible a thing with a fundamental value of zero and skyrocketing energy costs will be the most valuable commodity on Earth.

        I fucking WISH I bought some Bitcoin 3 years ago, or even 1 year ago.

        1. And it’s expected to “appreciate in value” because there’s no floor for the dollar. (Or other fiat currency) I trust math way more than bankers and politicians.

          People from third-world countries know this better than most. Soon people in the US are going to learn about it too.

          Just like planting trees, the best time to buy bitcoin was 2013 and the next best time is today.

          1. Until someone comes up with a better tree that’s easier to grown and does transactions faster, and everyone changes to that.

        2. I fucking WISH I bought some Bitcoin 3 years ago, or even 1 year ago.

          I did. I’m still not stupid enough to pretend it’s going to prevent WWIII any more than it prevented the takeover of Hong Kong or Venezuela. Or any more than the literal Gold Standard prevented Vietnam, Korea, WWII, The Holodomor, The Great Chinese Famine, WWI, The Communist Revolution, etc., etc.

          My Ethereum holdings have lost ~14% in the last month. AFAICT, SleepyJoe couldn’t have such a negative impact on the value so quickly even if he wanted to.

    2. I haven’t had a savings account since I was about 12. I opened my checking account at 17 been using that since.

    3. The only people who say “buy Bitcoin” are people who already own Bitcoin.

      Buying Dollars says you have faith in the US government.

      Buying Bitcoin says you have faith in the internet.

      Crypto will become a real thing when institutional investors start investing in crypto mining. And if/when they do they are never going to choose Bitcoin,

  11. Serious question (sort of) if the debt doesn’t matter, why do we have to pay taxes?

    1. To maintain the illusion of a real economy.

    2. To punish the wrong people.

      1. To punish the wrong successful people.

        1. If I wanted to establish mozzarella sticks as the world’s preeminent currency, I would demand that everyone pay their taxes in mozzarella sticks. I would also kill and imprison anyone that refused.

          That is fiat currency, in a nutshell. We are forced to pay taxes to create artificial demand for a fundamentally worthless piece of paper. Our entire economy is no different than the transgender movement. It only exists because we are forced to pretend it exists.

          1. It started out like that but it has become slightly more complex with the current arrangement of things in the world. To take your mozzarella-empire example there are a lot of people doing actual business selling real goods and services that people want and need all over the planet, not just in the mozzarella empire. A lot of them live within the mozzarella empire but a lot of them don’t and the ones who don’t are forced by the same fiats to trade with things far more ephemeral than mozzarella sticks. All these people need to store their wealth somewhere and mozzarella sticks, while silly, are somehow still the best option.

            Part of me is starting to wonder if inflation isn’t happening yet because supply still hasn’t caught up with demand. If you think about the US Government as a business which is in the game of selling units to trade with. People want dollars instead of other currencies. You take a look at competitors like the yuan and the euro and, bad as they are, the dollar is the lesser evil. So you’re making all this wealth doing your business and you need to store that value where do you go? Dollars. The US didn’t intend to be in this position. It certainly didn’t plan for it. It’s a risky position to be in because the moment that demand levels off the printing presses need to stop immediately or this train is going right off the cliff.

            1. the US dollar got in that position because US taxpayers are a reliable source of blood and the US government jacked up the debt at a reasonable rate. that relative governmental restraint ended sometime last year.

          2. Now that is some deep thinking. I actually had to read it twice before I began to believe it.

  12. How far can we keep pushing our pretend economy? At some point in the near future, there will be a collective realization that all of it, everything down to the last dollar, is completely fake and contrived. Once the federal government dispenses with the pretense of owing anybody anything, the dollar will be worth a fraction of a ruble. Fun times.

    1. Maybe. I figure a guy could still sell wheelbarrows.

  13. Politically, Biden’s proposal will be a major political test for both parties in Congress. With slim congressional majorities, Democrats will have to convince potentially vulnerable members from purple districts and states to support a massive spending bill packed with progressive agenda items. Republicans, meanwhile, have abandoned pretty much any interest in making fiscal policy a political battleground and have retreated into nonstop culture wars.”

    Eric Boehm is an ignoramus, being dishonest, or both.

    The $1.9 trillion stimulus package passed without Republican support in the Senate–because it was passed by way of a budget reconciliation process, which completely obviates any involvement by the Republicans. The Democrats simply did not require any Republican support in the Senate in order to pass the $1.9 trillion stimulus, and they won’t require any Republican input to pass Biden’s $3 trillion bill either. So long as it’s a spending bill, it only requires a simply majority in the Senate to pass by way of budget reconciliation.

    “Senate Democrats were forced to abandon [the minimum wage hike] after the parliamentarian ruled that the chamber could not pass the pay raise for millions of Americans under budget reconciliation.

    Democrats in both chambers have passed the American Rescue Plan through reconciliation, a process that allows a party to pass a bill with a simple majority vote but restricts the types of provisions that can be included

    “The Senate passed Biden’s $1.9 trillion stimulus bill – here’s what’s next”

    —-CNBC, March 6, 2021

    How could Boehm not know that? Why would he claim the Republicans have abandoned fighting something they can’t control? They voted against it. What more could they do?

    Calling Eric Boehm willfully dishonest for omitting an obvious and crucial piece of information is giving him the benefit of the doubt. The other top candidate by way of an explanation for this lie of omission is that Boehm is genuinely ignorant, in which case he has no business writing anything on this topic. How embarrassing for him, Reason, and the people who claim to have educated him!

    1. “Why would he claim the Republicans have abandoned fighting something they can’t control? They voted against it. What more could they do?”

      —-Ken Shultz

      Does Boehm think the Republicans should call for a public demonstration against the $3 trillion stimulus at the Capitol?!

      1. Does Boehm think the Republicans should call for a public demonstration against the $3 trillion stimulus at the CapitoL

        if they keep spending there won’t be a capital left the Chinese will own it and turn it into a hotel. and it will be far more gaudy than anything Trump could dream of

        1. This was already determined when we failed to reelect Trump and gave the Democrats effective control of the Senate.

          I think a lot of people are trying to dodge their own complicity in this. Everyone who is complicit in failing to reelect Trump or complicit in the Republicans failing to hold the Senate is complicit in this spending.

          These spending bills were not only foreseeable but also foreseen.

          1. This was already determined when we failed to reelect Trump elect Jo Jorgensen

            there, fixed it for ya

            1. So cute when you dream.

            2. chemjeff radical individualist
              March.22.2021 at 8:05 pm
              ‘I’m a fucking ignoramus’

              There. fixed it for ya.

            3. you misspelled Gary Johnson.

            4. I’m sure you think that Pedo Jeffy.

          2. Right. Reason’s writers still haven’t accepted that: They own this, they own everything, because mean tweets were so much worse than what we ALL knew the Democrats would do in power.

            Never forget it, Boehm: You own this.

      2. Maybe Boehm thinks that the Republicans shouldn’t have squandered whatever moral authority they had in trying to cut spending and, you know, actually cut spending when they were in charge.

        1. You’re a fucking retard.

          1. Poor poor Ken. He’s getting salty that everyone is pointing out that he’s turned into a Team Red zombie.

            1. “[E]veryone is pointing out ….”

              Everyone = chemjeff and his baby brain.

              You are thoroughly outnumbered here. Nobody takes you seriously. It is not merely a game of numbers. You are outnumbered because most people are nowhere near your room temperature IQ.

              1. I defy anyone to defend the notion the GOP supposedly losing their moral authority is a reasonable explanation for why Boehm omitted a crucial and obvious piece of information.

                I don’t see any way to get from my comment to ChemJeff’s comment without saying something fucking retarded. Maybe someone can convince me I’m wrong!

                Premise: The GOP doesn’t have enough votes to stop any budget legislation.
                Premise: The Democrats passed the $1.9 billion stimulus without any Republican support in the Senate
                Premise: There doesn’t appear to be anything the Republicans can do to stop Biden’s $3 trillion infrastructure bill.
                Premise: Boehm didn’t mention any of this in his article.

                ChemJeff’s Conclusion: Maybe Boehm thinks the GOP has lost their moral authori-tay.

                Somebody defend that conclusion as anything other than fucking retarded.

                I’ve heard smarter fart jokes.

                1. Here, Ken, let me lay it out literally for you.

                  You wrote:

                  Does Boehm think the Republicans should call for a public demonstration against the $3 trillion stimulus at the Capitol?!

                  And I wrote, in direct response to this comment of yours,

                  Maybe Boehm thinks that the Republicans shouldn’t have squandered whatever moral authority they had in trying to cut spending and, you know, actually cut spending when they were in charge.

                  Which was a snarky way to point out that Team Red doesn’t actually believe in cutting spending anymore (if they ever genuinely did).

                  Get it now? Do you understand the dynamic of what occurred here now?

                  1. Yea, but your response doesn’t actually relate to anything that Ken said. The point is that Republicans were without any political recourse with respect to the most recent spending bill. You missed that point …. completely.

                    The problem with you is that you do not understand what you are reading. You are incapable of engaging with the written words on the page without substituting them immediately with different words of your own choosing.

                    See, you think you are engaging with other people, but you are really just engaging with strawmen of your own construction. You are having conversations, quite literally, with yourself.

                    1. “…The problem with you is that you do not understand what you are reading. You are incapable of engaging with the written words on the page without substituting them immediately with different words of your own choosing…”

                      Exactly. He’s certainly dishonest, but Jeff is not alone in being of such limited mental capabilities that he is incapable of separating reality from the voices in his head. In fact, it’s quite likely he does not understand there is an objective reality.

                    2. Jeffy is an idiot. Always has been. He’s an idiot, and the Reason comment section is his village.

                2. “I’ve heard smarter fart jokes.”

                  LOL

        2. What about Obama?

    2. Last time reason turned to “conservatives didn’t punch hard enough” I posted a dozen articles. They don’t care. Republicans are to balme for every penny democrats spend. That’s how they justify their votes for the left. It is pathetic.

        1. Anything more would be “treason” or at least “insurrection”.

        2. I know several democrats that insist republicans are the big spenders and that is why I should vote for democrats.

          Seriously.

    3. Eric Boehm is an ignoramus, being dishonest, or both.
      Boehm is all that and an asshole to boot. He said he was going to vote for Biden and now he has what he voted for.

    4. “How could Boehm not know that? ”

      Because the Voxsplainer her read prior to writing this did not mention any of that.

  14. So, the plan is to set the money printer to Ludicrous Speed now?

    This is ridiculous. This is insane amounts of spending.

    THIS is the real danger here. Not the penniless Guatemalan immigrants. Not the guy who uses the wrong pronoun to refer to transgendered people. Not the supposedly communists or Nazis lurking around every corner. This spending is going to come home to roost when the bill comes due and then we will be royally and truly fucked.

    1. Yet you openly support the left. Weird.

      1. Why, it’s almost as if I don’t support the left and their huge spending sprees. Weird, huh?

        1. Almost.

          Except you do.

        2. Wow, you coulda fooled just about everyone here. Seems all progressive policies find a home with you. And there ain’t no bigger progressive policy than daddy government spending your money “better” than how you would’ve spent it.

          1. Well that depends on what you mean by “progressive”.

            If you mean “someone that supports the Green New Deal, $15/hr minimum wage, zillions in new spending, gun bans, endless foreign wars, and making hate speech illegal”, then no I’m not a progressive.

            If you mean “someone who doesn’t like Team Red”, which is usually what the term means around here, then guilty as charged. I don’t particularly like the current incarnation of Team Red. They are demagogic xenophobic morons.

            Is that what you meant? Someone who doesn’t like Team Red?

            1. Utterly incapable of reading, or understanding.

            2. Actually, no. That’s not what I meant. Where I was coming from was legitimate policy positioning.

              I did not assume that you just have some personal slight with Team Red so you base all of your policy positions off of your feels in that regard.

              However, that does explain your illogical issue positioning. Since you aren’t approaching issues in a rational way, but rather from a jaded personal way, your positioning makes much more sense now.

        3. Yes you do. You always attack the right, and republicans, and you always defend democrats and the left. With almost no exception.

    2. It’s always been the plan.

    3. Not the supposedly communists or Nazis lurking around every corner.

      Except the communists and socialists lurking around every corner would/did vote for this.

  15. Is anyone surprised? This is just the start. Don’t you get it? The Democrats want to break the country and make everyone dependent on government with themselves in perpetual power. Stop trying to rationalize it because it’s not rational. It’s a Marxist revolution.

    1. Marxism. Sure. Joe Biden’s gonna nationalize all the industries any day now.

      See this is part of the problem here. There are a lot of people who are very much concerned about the huge level of spending. And so they say “hey, I wonder if anyone has a plan for dealing with all this spending. Team Blue sure doesn’t, so let’s see what Team Red has to say….” and all they see are a bunch of morons gibbering about Marxism and Qanon and Dr. Seuss and the dangers of critical race theory and juvenile stunts to “pwn the libs”.

      1. C’mon man this forum is a little too sophisticated to fall for such childish tricks. It’s taken 50 years to get to this point. We’re the boiling frog. Things only move fast at the very end everyone knows that.

        1. The boiling frog in the pot of what? In the pot of Marxism?

          This has nothing to do with Marxism. It has everything to do with irresponsible politicians of all stripes buying votes and power for themselves at public expense. The spending is so out of control because there is no incentive for them not to spend. The solution has to be to create an incentive for them not to spend.

          1. “It has everything to do with irresponsible politicians of all stripes buying votes and power for themselves at public expense.”

            Hmm. Politicians using public money to consolidate control over the public, leading to the use of more public money, to consolidate even more control over the public, leading to the use of even more public money, leading to the use of even MORE public money. It is almost as if we are barreling toward some sort of reckoning where the government completely controls …. the public and … all of the public’s money ….

            “This has nothing to do with Marxism.”

            Bah! Of course not.

            1. No, it’s not so much Marxism as it is Fascism.

              Because it involves paying off enough of the Corporate Class to play along. Thus avoiding the dirty (and ultimately expensive) business of directly assuming control.

          2. Don’t say I didn’t warn you.

      2. Tell us, Jeff: Why is unlimited spending a problem?

        1. And you, weird fascist person who makes jokes when people are murdered, why exactly do you care about spending?

          1. Who was murdered?

            1. So soon you forget the deadly fire extinguisher event that didn’t happen.

              1. Hmmm.

                Does his name rhyme with Pickwick?

          2. Did you hear the one about the guy who shot four people cause his baby mama wouldn’t hand over her stimulus check? I won’t tell you the punchline but it’s a real killer.

      3. You’re correct. Ole White Joe would prefer the Fascist model of the Corporate State in which oligarchs do his party’s bidding.
        Meanwhile we are speeding toward having a dept twice our GDP. And folks thought that Greece was financially irresponsible.

  16. We should just make one more big spending push and then cut all programs (social security, medicare, defense, etc) and default on the debt. Of course no one will ever lend us money again but that’s fine – we’re all grown up and can take care of ourselves now.

    1. Defaulting would be very very very bad.

      1. Would be worth it if we use it to end all spending programs. At least it would force a balanced budget.

  17. $1.9 + $3 = $4.9T is only about $40,000 per working citizen…
    See so if Democrats get mandatory $15/hr they can work FULL-TIME for their Commie-Government and only be $10K short.

    Or for the Republicans, “No Thank You Bide” — We’ll take the $0/Gov-Commie-Money plan and KEEP the $20/hr you plant to STEAL.

    1. What should be obvious from all of this; Biden and the DNC administration has just deceitfully by ‘fiat-bills’ made YOU a SLAVE of the Nazi-State. YOU will work for delusions of controlling the weather. YOU will work for ALL those ‘list’ items your slave masters have listed and YOU do not have a choice in the matter. If you dodge working for your slave masters and work for yourself their armed slave police (the IRS) will imprison you. Your bank accounts are being drained by the day.

      The Nazi-Slave State Revolution growing substantially this term. This is WHY USA Patriots do not want National Socialists in the Federal Government.

  18. Again, this is a strange shocked headline for a site that endorsed Biden. I mean, what did you think was going to happen, fiscal restraint?

    1. They don’t know, either. The last item on their white board flow chart is a big box around the phrase “no more mean tweets.”

      1. Step one: Get rid of Trump
        Two: Get Biden elected
        Three: ?
        Four: Profit

        1. Step Four was going to be ‘cocktail parties’ but Chicom Flu ruined all that.

    2. I think a lot of people (including me) are a little surprised that the Democrats are trying to spend this much, this quickly. They didn’t do that in 2009 when they had bigger majorities.

      Also, why do these commenters keep saying Reason wanted to elect Biden? I recall a lot of “Trump and Biden are both terrible” coverage here — exactly what you would expect libertarians to say.

      1. In 2009 they were still delusional about their grip on power being unbreakable, so they thought they could take their time.

        After 2016 they understand they don’t have a natural monopoly on power in this democracy. So they’re rushing everything through, doing all they can to render a return to Republican government impossible.

        1. But if all this crazy spending leads to economic troubles, that would help Republicans.

          1. Sadly; History doesn’t demonstrate this concept. The more horrifying stupid policy consequences set-in the more stupid those under the policy become. Ref; The Great Depression and FDR’s 12-year term. Never underestimate the power of the sheeple minded (i.e. Useful idiots) to follow their Gov-God “savior” off a cliff.

          2. Except the Dems and the media (I repeat myself here) will blame the Right regardless for it.

        2. 2021 Democrats are not 2009 Democrats.

          Not remotely.

      2. “a little surprised that the Democrats are trying to spend this much”
        lmao…. As-if the left’s compulsive lobbying for MORE power to steal was a secret?!?!

        How will the Gov-Gods fund Mrs. Marx’s commie-education? Every single Democrats response, “Steal it from the [WE] slaves that have been successfully providing resources for us. The whole market idea of having to *earn* what our [WE] slaves work to provide for us is so ‘corrupt?’.”

        1845 – Democrats. [WE] slaves good.
        2000 – Democrats. [WE] slaves good.

        Through and through; self-entitled, morally-projective slavers.
        “You slaves pretending you get to keep the fruits of your labors are evil!”

        1. #1 Reason [WE] Democracy doesn’t work.
          Teacher, “Raise your hand if you want an A.”
          Democrats, “Raise your hand if you want to STEAL without personal consequences.”

          And the #1 Reason the USA ISN’T a Democracy; It’s a Constitutional Union (Ensuring the Principles of Individual Liberty & Justice) of Republican States.

          And how the USA got lost was the ignorance of the very “Principle” document. The “Supreme Law”. “The Peoples” law over their government.

          1. And the basic ‘justice’ Democrats compulsively ignore and manipulate.
            Those who *earn* are rewarded.
            Those who *steal* are punished.

      3. Also, why do these commenters keep saying Reason wanted to elect Biden? I recall a lot of “Trump and Biden are both terrible” coverage here — exactly what you would expect libertarians to say.

        Go back and read the “Who Reason Is Voting For” article. Boehm’s stance was “My vote doesn’t matter, but if it did, I’d vote for Biden.”

        Moreover, The Trolley Car Problem justifies not killing anyone. It doesn’t justify not pushing the fat man and then turning around and acting bewildered that not enough is bing done to stop the run away trolley car. A libertarian would acknowledge or even own up to the fact that not pushing the fat man in front of the trolley car would directly lead to the deaths down the tracks. Boehm is trying to have his cake and eat it too.

        His bewilderment exposes his complete lack of principles. He didn’t push the fat man because he’s a principled pacifist, or even a fairweather pacifist who chose poorly, he didn’t push the fat man because he’s a childish coward.

        1. A libertarian would acknowledge

          Libertarian, objectivist, utilitarian… any/all of the above would be able to point to a higher moral or material good that comes/came out of not killing anyone. The fact that I’m framing the situation as a Trolley Car Problem suggests I’m being exceedingly generous in granting him libertarian premises. The reality is closer to foregoing pushing the dementia-addled 80-yr.-old professional public grifter off the bridge to prevent the deaths down the tracks or sparing his life and taxing everyone’s children into perpetuity.

  19. Republicans, meanwhile, have abandoned pretty much any interest in making fiscal policy a political battleground and have retreated into nonstop culture wars.

    Speaking on the Senate floor Monday afternoon, Minority Leader Mitch McConnell (R–Ky.) warned that Biden’s “so-called infrastructure proposal” might “actually be a Trojan horse for massive tax hikes and other job-killing left-wing policies.”

    Do you even read your columns before publishing?

    1. Boehm is a pretty stupid piece of shit. He’s also a massive hypocrite, incapable of an ingenuous line of reason.

  20. 10 people dead from this shooting in Colorado. The salon shooting was, what, 8? Individually I believe those are worse death tolls than any single shooting from last year, even though an evil pro-gun Republican was in office.

    So are the horrible statistically-unlikely shootings just going to keep happening at a blistering pace until the Democrats get their gun control? Because….white supremacy? Yeah, that’s the ticket.

    1. Pretty much. I try to avoid being paranoid, but it does appear they have mass killers on tap, whenever they need them.

      Maybe it’s just that they only get reported when the Democrats need them, and that triggers a spate of copycats.

  21. This is the “fundamental transformation of America” that Block Insane Yomomma promised when he took office 12 years ago. He couldn’t deliver back then because the far left hadn’tt taken total control of the democrats yet. But now they have, and now he’s finally delivering on his promise as the continuing shadow president.

    So the constitutional, capitalist-based America created by the founders is about to be killed, probably forever, and replaced with a socialist bureaucratic dictatorship. It was nice while it lasted.

  22. Before ARP passed, this year’s budget was estimated to be $2.2 trillion.

    That’s the deficit, not the budget. Please proofread.

  23. There is an underlying need to begin to address many of the topics being put forward. As the article noted the Republicans have pretty much left the field to discuss Dr. Seuss, scary young brown people at the border, and scary black people being allowed to vote.

    While the Democrats put forth policy the Republicans whine. The problem is that policy is hard work and we need only look to the work ethic of the former President to see that Republican are slackers. The key here is not to simply oppose but to offer good alternative proposals, that means work. For party so concern that people will not work, they seem to do little of it themselves. The Republican fiasco with the ACA repeal and replacement shows the party to be long on slogans and short on ideas.

    1. Seriously, are you a parody account?

    2. Any legislation would be token only, because anything that is reasonable and moderate is anathema to democratic policy goals right now. There’s just no way for Republicans to pass anything. And if the last 4 years are any indication they don’t seem that inclined to cut spending.

      1. Republicans did not really do anything when they had the opportunity. Repealing and replacing the ACA is a prime example. Even when the out of power the Democrats are putting forth policy ideas. The Republicans nothing. Look at the work that went into the recently pass Covid19 bill. Have you ever seen the Republicans work as hard? Biden will get some of this spending and taxes through because his administration will work for it and all the Republicans will do is whine. We need a second party with ideas and a work ethic and that is not the Republican right now.

    3. “There is an underlying need to begin to address many of the topics being put forward.”

      You.
      Are.
      STILL.
      Full.
      Of.
      Shit.

    4. “The problem is that policy is hard work and we need only look to the work ethic of the former President to see that Republican are slackers.”

      Being a Tyrannical Dictator must be so exhausting… What’s idiotic about your assertion is the belief that “work ethic” is wrapped up in being a Tyrannical Dictator toting around Gov-Guns.

      If you need need a personal dictator GO HIRE ONE that dictates your life!!!!!!

      1. “Being a Tyrannical Dictator must be so exhausting”

        Trump did it for four years without breaking a sweat.

        1. Eternal TDS dipshit spotted

        2. If you ever pull your head out of your *ss – you just might realize that deregulating is the opposite of being a Tyrannical Dictator.

    5. It’s hard work to spend money you don’t have?

    6. The mental gymnastics you have to do to blame the republicans for this is astounding. You are literally saying that it is the republicans fault that democrats are doing this.

  24. Dick Cheney once stupidly said deficits don’t matter. Democrats want to test that theory to the max.

    1. He’s technically right, deficits in any given fiscal year don’t matter. What does matter is running deficits every year and the national debt.

      1. Sure, sure; And taking out a $2M mortgage loan on a burger flipping job doesn’t matter so long as YOU are not the burger flipper.

        IT DOES MATTER to the burger flipper though….

        1. So do you know why Cheney said what he said or are you just parroting lines you don’t understand?

          Are you opposed to war spending or tax cuts for burger-flippers?

          Because quoting Cheney out of context to defend SleepyJoe’s $3T deficit makes it sound like you’d prefer to go to war to spite the burger-flippers.

        2. Matters even more if you are the bank.

          Mr. Burger Flipper not having all that far to fall, so whatever happens he’ll be largely unchanged.

          1. The ‘bank’ creating loans on Mr. Burger Flippers account?
            I assure you; Mr. Burger Flipper paying to cover obscene taxes (gov mortgage payments) cares.

  25. Who could have possibly forseen this?
    If only there had been some campaign website or campaign speeches to dissect where Biden had proposed an ambitious (i.e. expensive) new spending plan!
    Blindsided, we were.

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  27. “unless I believe there is a chance that Joe Biden will somehow fail to win Virginia, in which case I will vote strategically and reluctantly for Biden.”

    Eric Boehm, here: https://reason.com/2020/10/12/how-will-reason-staffers-vote-in-2020/

    This is on you, whiner.

    1. …strategically…

      Like a fucking modern day Rommel he is.

  28. How long is the rest of the world going to trade their finished goods for our printed dollars? That’s when this scheme comes crashing down.

    1. A large portion of the ‘rest of the world’ does their business with those very same printed Dollars.

      When it comes crashing down everyone on the planet living above subsistence bartering level will share in at least some of the suffering.

      1. Yes, but for how long? Dollars have traditionally been seen as safe havens, and stores of value. You abuse it, and it loses that

        1. The more Dollars there are in the world the longer it will take.

          If I knew the date I sure wouldn’t share it. Because that would be the quickest way to change it.

  29. I fucking hate our government.

    Both parties are complete shit and spendoholics less a VERY small minority.

    Throw in those that are just after power and you will soon be fucked, broke, and dependent on a system that could end up like Venezuela.

  30. You said The money would go to infrastructure projects, climate change initiatives, community colleges, and a variety of other Democratic

    Payoffs and boondoggles.

  31. I need to go back in history and see how much debt proportionally we needed to prosper again after a rough time like 1920s, 1930, etc. I do know something, we have paid little attention to all the infrastructure built after WWII and anyone who owns something knows that maintenance IS not optional.

  32. Damn. The 1,400.00 bribe is almost all spent and now we have to face reality. Oh well. At least we had fun for a few days. So we lost the country and our children’s futures.

  33. Hey, it’s only other peoples money! (sarc)

  34. Where was Reason.com during the 2020 Presidential campaign? Seriously? You all remained quiet and now we have Biden and Harris. And, please no BS about Jo “Open Borders” Jorgensen.

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