The mainstream media desperately wants everyone to believe Joe Biden is the most popular president and that the Democratic Party is stronger than ever.
But Democrats aren’t as unified as the media wants people to believe.
Democrats have introduced what they call a “slimmed down” infrastructure bill that Republicans certainly will not support, mainly because the Biden administration still refuses to take the corporate tax off the table.
According to The Washington Post, the $1.7 trillion American Jobs Plan was pitched to several high-ranking Republicans.
“This proposal exhibits a willingness to come down in size, giving on some areas that are important to the president,” White House press secretary Jen Psaki said.
However, they weren’t concessions. The Biden administration basically offered to reduce some money in certain areas and wanted to move it to other policies.
The problem is that Republicans don’t support much of anything in the bloated bill, so Biden offering to move money from one bad idea to another isn’t a “compromise” or “concession.”
For starters, the White House is jacking up the corporate tax hike, which is something the GOP has said is a deal-breaker.
The Western Journal reports:
Biden’s plan would pay for his spending spree — be it $1.7 trillion or $2.3 trillion — in part by raising the federal corporate tax rate to 28 percent from 21 percent.
It’s a bit more complicated than that, though, as former member of the White House Council of Economic Advisers Joseph W. Sullivan pointed out in a Jan. 5 piece for the National Review. When you factor in state and local taxes, that number would jump to 34 percent, tying us with France for the highest corporate tax rate in the G7.
Consider that China has a corporate tax of 25 percent, but for favored firms — particularly tech concerns — the number is 15 percent. That would make American tech firms particularly uncompetitive with our biggest competitor, particularly since the administration’s tax proposal also includes a global minimum tax.
The report added:
Furthermore, the $600 billion the Biden administration is supposedly cutting from the plan is potentially going to show up in other legislation, according to anonymous sources cited by The Post, including one bill that’s already working its way through the Senate.
There were glimmers of, if not hope of, at least slight fiscal continence. Requests for actual infrastructure spending would reduce from $159 billion to $120 billion and rural broadband spending would reduce from $100 billion to $65 billion, according to CNBC; on the latter count, that’s a number in line with what the Republicans have said they’re willing to spend on rural internet.
Almost everything else was thoroughly dispiriting, from the sound of things. The Post reported that while Psaki said the proposal represented “the art of seeking common ground,” Sen. Capito — who’s generally been an optimist on striking a deal with the Democrats on infrastructure, a rarity among Republicans — sounded a note somewhere between gloomy and insulted at the White House’s proposal.
Here’s the cherry on top: Biden’s bill has a $1.7 trillion price tag.
Republicans stated months ago they were only willing to support spending $568 billion.
So Democrats and Biden have offered a “compromise” bill that wants to spend roughly three times the $568 billion the GOP was proposing.
The bill is stuffed with liberal goodies and would go to countless projects that have nothing to do with “infrastructure.”
For instance, $400 billion would go to “care infrastructure,” which is long-term care for the elderly.
There are billions of dollars for workforce training, funding for electric vehicles, money for veterans’ hospitals, and many other things.
That is not infrastructure.
ARTICLE SOURCE : TRENDINGPOLITICS.COM