Stefanik opposes Joe Biden’s failed policies

President Joe Biden, Senate Majority Leader Charles Schumer, House Speaker Nancy Pelosi and their respective Democratic House and Senate caucus members claim that both the $1.2 trillion infrastructure and $1.75 trillion Build Back America bills are fully paid for.

The nonpartisan Congressional Budget Office found that the first bill would add $228 billion, and the second bill $367 billion to our $29 trillion and growing national debt over the next 10 years.

If they are so confident of this financing scheme, let them all put up their respective future pensions, 401(k) plans, stocks, bonds, jewelry, automobiles, mortgage homes and property assets and social security as collateral.

Place all of these assets in a blind trust on behalf of taxpayers.

This can serve as a small down payment to cover the inevitable multi-billion dollar shortfall in anticipated revenues to pay for both bills over coming years.

Ask their spouses or significant other to do the same.

Biden, Schumer, Pelosi and company remind me of J. Wellington Wimpy who famously said, “I’ll gladly pay you Tuesday for a hamburger today.”

Tuesday may never come for taxpayers who have to pay for all the goodies promised by them within their lifetime.

Larry Penner

Great Neck

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(4) comments

Gracie

And diesel fuel hit $5 during Bush

rdsouth

They're at it again: the deficit always becomes such an urgent priority when Democrats are in power.

KRobbins

When Trump, Ryan and McConnell gave billionaires and CEOs those tax cuts how was that paid for? And now we have crocodile tears for deficit spending that’s going to help real Americans. You know, those who can’t afford a rocket for a joy ride into space.

Joseph Savoca

Trump promised that his 2017 tax cuts wouldn't add to the national debt. It didn't work out.

Trump promised that the virus would go away with warmer weather. It didn't work out.

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