{"id":423449,"date":"2022-03-29T01:18:53","date_gmt":"2022-03-28T22:18:53","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/bidens-budget-proposal-would-be-laughable-if-it-werent-so-alarming\/"},"modified":"2022-03-29T01:18:53","modified_gmt":"2022-03-28T22:18:53","slug":"bidens-budget-proposal-would-be-laughable-if-it-werent-so-alarming","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/bidens-budget-proposal-would-be-laughable-if-it-werent-so-alarming\/","title":{"rendered":"#Biden&#8217;s budget proposal would be laughable \u2014 if it weren&#8217;t so alarming"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_85 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a358ae2e327e\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a358ae2e327e\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/bidens-budget-proposal-would-be-laughable-if-it-werent-so-alarming\/#%E2%80%9CBidens_budget_proposal_would_be_laughable_%E2%80%94_if_it_werent_so_alarming%E2%80%9D\" >&#8220;Biden&#8217;s budget proposal would be laughable \u2014 if it weren&#8217;t so alarming&#8221;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9CBidens_budget_proposal_would_be_laughable_%E2%80%94_if_it_werent_so_alarming%E2%80%9D\"><\/span>&#8220;Biden&#8217;s budget proposal would be laughable \u2014 if it weren&#8217;t so alarming&#8221;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<div>\n<aside class=\"single__inline-module alignleft\">\n<\/aside>\n<p>You might find some laughs in the $5.8 trillion budget President Joe Biden unveiled Monday  \u2014 if it weren\u2019t so alarming.<\/p>\n<p>Team Biden, for example, brags about its \u201cfiscal responsibility,\u201d arguing that a plan to spend a jaw-dropping 32% more than just four years ago cuts the deficit in half. Umm, only because the prez spent so much in 2021.<\/p>\n<p>That includes the Democrats\u2019 $2 trillion COVID \u201cstimulus package\u201d when the economy needed no stimulus, and so fueled today\u2019s rampant inflation. Plus the $1.2 trillion infrastructure bill, though not the <em>$5 trillion<\/em> the prez wanted for the \u201cBuild Back Better\u201d bill (which he still hopes to pass).<\/p>\n<p>Fact is, this budget still leaves a whopping<em> $1.3 trillion <\/em>in red ink, which will only further fuel inflation. <\/p>\n<p>Biden\u2019s supposed deficit-reduction also relies on crushing new taxes \u2014 raising corporate rates from 21% to 28%, for example. Plus a bid to set a minimum 20% tax on households worth more than $100 million that would hit income <em>and <\/em>unrealized gains on stocks and other assets. It\u2019s likely unconstitutional, probably unworkable \u2014 and won\u2019t pass, since at least two Democratic senators voiced opposition the last time the idea came up.<\/p>\n<p>Another knee-sl<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">app<\/a>er: Biden touts his plan\u2019s new outlays for national defense and law enforcement. Yet his national-security spending, including outlays for the Pentagon, would rise by just 4.5% \u2014 less than inflation. And while he\u2019d pump $32 billion more into what he calls crime-fighting, much of it is for stuff like \u201ccommunity violence intervention\u201d that does little to help our cities.<\/p>\n<figure class=\"wp-block-image size-large\"><img decoding=\"async\" loading=\"lazy\" width=\"1024\" height=\"682\" src=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/biden-budget.jpg?quality=90&amp;strip=all&amp;w=1024\" alt=\"The Biden administration claimed the proposal showed \u201cfiscal responsibility&quot; since it lowers the deficit.\" class=\"wp-image-21694037\" srcset=\"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/biden-budget.jpg?quality=75&amp;strip=all&amp;w=1535 1536w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/biden-budget.jpg?quality=75&amp;strip=all 1024w, https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/biden-budget.jpg?quality=75&amp;strip=all&amp;w=512 512w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\"\/><figcaption>The Biden administration claimed the proposal showed \u201cfiscal responsibility\u201d since it lowers the deficit.<\/figcaption><figcaption><span class=\"credit\">EPA\/JIM LO SCALZO<\/span><\/figcaption><\/figure>\n<p>Biden\u2019s plan is just a wish list, of course; he\u2019ll be negotiating the real deal with Congress for months to come. Let\u2019s hope our lawmakers laugh it off.\n                        <\/p><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/news\/\" target=\"_blank\" rel=\"noopener\">News category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/nypost.com\/2022\/03\/28\/bidens-budget-proposal-would-laughable-if-it-werent-so-alarming\/\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;Biden&#8217;s budget proposal would be laughable \u2014 if it weren&#8217;t so alarming&#8221; You might find some laughs in the $5.8 trillion budget President Joe Biden unveiled Monday \u2014 if it weren\u2019t so alarming. Team Biden, for example, brags about its \u201cfiscal responsibility,\u201d arguing that a plan to spend a jaw-dropping 32% more than just four&#8230;<\/p>\n","protected":false},"author":1,"featured_media":423450,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/nypost.com\/wp-content\/uploads\/sites\/2\/2022\/03\/joe-biden-27.jpg?quality=75&strip=all&w=1024","fifu_image_alt":"","footnotes":""},"categories":[70897],"tags":[127251,51697,4998,73798,43,76816,70865,991,71525,46483],"class_list":["post-423449","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-3-28-22","tag-budget","tag-crime","tag-defense","tag-editorial","tag-federal-budget","tag-government-spending","tag-joe-biden","tag-national-security","tag-taxes"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/423449","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=423449"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/423449\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/423450"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=423449"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=423449"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=423449"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}