American Rescue Act didn’t stoke inflation on its on. It did can the flame which began with the monies approved by republicans during the Trump rescue plans. This was just more of the same and republicans and Trump wanted it passed during the Trump years and prior to the Georgia runoff. It wasn’t until Trump and the Georgia republicans lost that republicans were against the rescue plan.
The infrastructure bill is supported by republicans and not a minority of them. Congressional republicans voted against it because they didn’t want Biden to get a win. It’s politics not some kinda principled position. Even ones that voted against it will be touting how great it is to have roads and bridges.
The reconciliation budget at 2 billion is only slightly more than those unpaid for tax cuts the republicans passed. Why complain about that. And 5T is less than 8T so he’ll come in below Trump’s total.
I’ve only issue with means testing or some work requirements. I hope that’s included as well.
Originally Posted by NoirMan
Those monies approved by Republicans in 2020 were also approved by House Democrats. In fact, and hopefully WTF will see this and correct me if I'm wrong, spending bills originate in the House, which was controlled by Pelosi and other Democrats. At the end of Trump's term, McConnell and Congressional Republicans were trying to hold down the spending while Trump and Pelosi were throwing gasoline on the fire. Remember how Trump criticized McConnell and Republican Senators for only agreeing to hand out $600 to every man, woman and child around election time, instead of the $2,000 that he, Pelosi and Schumer wanted to spend. Which was quickly remedied by Biden and the Democrats with the American Rescue Act.
The Republican tax cuts will end up reducing government revenues by less than $1 trillion, because Democrats are going to terminate them shortly, and they won't run their course. The corporate tax cuts were long overdue. They helped improve the ability of American companies to compete internationally, and helped lower unemployment, hold down inflation, and boost hourly wages. Obama wanted to cut corporate taxes but never did, probably because he decided to put politics over what he thought was best for the country.
McConnell voted for the infrastructure bill, but still only a minority of Senate Republicans voted for it. They weren't being whipped. They were voting their conscience and what they thought was best for the country and their states, not what was best for the party. Your argument does make sense in the House though, to some extent, but still a majority of Republicans would likely have voted against the infrastructure bill IF they weren't being whipped and IF the progressives had allowed the bill to come to the floor for a vote.
We agree about means testing and work requirements.