Biden unveils $7.3 TRILLION budget with massive tax hikes: "The highest sustained income tax burden in American history as a share of the economy"
· Mar 11, 2024 · NottheBee.com

THE SWAMP MUST FEED.

From the New York Post:

President Biden unveiled his election-year budget pitch Monday, calling for $5.5 trillion in tax increases by raising rates on the wealthy and corporations — while driving up spending by $7.3 trillion on defense, federal benefit programs, affordable housing and student debt cancellation, among other proposals.

The fiscal year 2025 budget — which is highly unlikely to be approved by Congress — matches last year's topline tax increase level and spends $300 billion more while purportedly cutting the federal deficit by $3 trillion over the next 10 years, the White House said on Monday.

Yeah, so the GOP-led House already slapped this down hard.

Live look at Mike Johnson ending Biden's schemes:

But everyone knows the first volley of a military attack isn't the end of the game. The opening volley tests the enemy's strength and probes for weaknesses. In the case of the Biden regime, it allows them to run "Republicans pounce" stories, then repackage the exact same spending in new ways that make Republicans look mean.

In the meantime, you know how we're adding $1 trillion to the $34 trillion national debt right now?

Biden: "Why not just make it $45.1 trillion and get to the end of this hot mess earlier??"

The Committee for a Responsible Federal Budget (CRFB) noted the Office of Management and Budget (OMB) estimates project the national debt would surge to $45.1 trillion — or 105.6% of Gross Domestic Product (GDP) — by 2034 under the plan, up from $27.4 trillion.

If you make $50,000 a year and you're already $340,000 in debt, why not put $73,000 more on the credit card for funsies?

Brian Riedl, a senior fellow at the Manhattan Institute focusing on the budget and taxes, told The Post on Monday that the president's proposals would saddle the US with "the highest sustained income tax burden in American history as a share of the economy."

"The president isn't simply raising taxes to close the deficit, he's raising it to expand government," Riedl said after having called Biden's budget last year.

Biden: "BOW BEFORE THE TOTAL STATE, YE MORTALS, FOR IT IS THY GOD."

Sen. Rand Paul had thoughts.

President Biden treats the taxpayers as though we are limitless ATMs. Every dollar taken by the government from those who earned it is a dollar not spent on a family's dinner table, a child's education, or a retirement plan.

Don't you know that disagreeing with the president is now an attack on democracy, senator??

I'll leave you with this clip from literally 4 days ago:


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