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Home Front: Politix
Bipartisan group of senators say they've finally AGREED to $1.2 trillion for Joe Biden's infrastructure investments
2021-06-12
  • [Daily Mail, Where America Gets Its News] The group of five Republicans and five Democrats said Thursday a deal was reached

  • A source said it includes $579 billion in new spending, costing $974 billion over five years and $1.2 trillion over eight years

  • A source said it involves indexing the federal tax on gasoline to account for inflation, leaving Americans facing higher gas prices

  • The Republicans in the group are Mitt Romney of Utah, Rob Portman of Ohio, Susan Collins of Maine, Bill Cassidy of Louisiana and Lisa Murkowski of Alaska
    Looks like a stacked deck, doesn't it??
Posted by:Fred

#2  Look for the rest of the world to abandon the US dollar as a currency standard. It's paper and ink and that's all it is.
Posted by: jpal   2021-06-12 16:37  

#1  Used to be I'd say "mis-spending your money." But now they're spending MMT output that never was created wealth. On the backend, the debt will behave exactly like debt. The millennials that voted for it deserve it, good and hard.
Posted by: M. Murcek   2021-06-12 15:28  

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