Wednesday, September 15, 2021

The False Promise of Democrats To Pay For Infrastructure Bills

President Joe Biden, Speaker Nancy Pelosi and Majority Leader Chuck Schumer “promise” to pay for the $1.2 trillion “hard” — or real — infrastructure bill by socking it to the rich and corporations. They say the same thing about their $3.5 trillion “soft” human infrastructure bill. 

Washington hasn’t “paid for” any new legislation by cutting spending or raising taxes since PAYGO died an ignominious death in 2002. We haven’t had a truly deficit-neutral bill passed in close to 24 years. How can anyone claim without laughing out loud that any new bill since 2000 “has been paid for” when our debt has exploded since 2000?  

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