Economy Commentary 18 Absurdities of the McConnell-Schumer Omnibus Spending Bill..

by Allen Williams

This uni-party bill will bury future generations of Americans with debt that will be passed on to their descendants .Economy Commentary 18 Absurdities of the McConnell-Schumer Omnibus Spending Bill

Commentary By Richard Stern @RichAStern

Here are some examples

In under two weeks, the new GOP majority in the House finally will have the chance to use the power of the purse to rein in the reckless administration of President Joe Biden.  Instead, Republicans seem poised to give up this oversight power without firing even a single shot. This omnibus bill would provide a full year’s worth of funding to the administration—locking in its regulatory regime and capacity to abusively wield the power of the executive branch.

This will prevent the states from any type of self-government: Considering the PAYGO provision, “emergency” funding, increases in baseline budget authority, and expected increases in debt-servicing cost, this bill would increase the 10-year deficit by $2.65 trillion—$20,000 per household—adding to current inflationary pressures.

A small sampling of this year’s rancid pork includes:

  • $1.5 million to encourage people to eat outdoors in sunny Pasadena, California.
  • $1.1 million for a solar array in cloudy Kirkland, Washington.
  • $2 million for B360, a group that promotes dirt-bike culture in Baltimore.

You will PAY OFF student loan debt.. Even though the Supreme Court blocked Biden’s student forgiveness plan, he intends to make YOU fund it in this Bill.