Report: Biden Wants to be Next FDR and LBJ with Massive Tax and Spend Infrastructure Proposal: $4 Trillion in Spending, $3.5 Trillion in Tax Increases
The Washington Post reported Monday morning that Joe Biden is looking to be the next Franklin Roosevelt and Lyndon Johnson by proposing massive infrastructure spending and tax increases to transform the nation like FDR’s New Deal and LBJ’s Great Society. The Biden proposal comes in at a reported $4 trillion in spending supported by $3.5 trillion in new taxes.
A report by the Bostin Globe says Democrats are looking at the infrastructure bill as a vehicle for implementing the Green New Deal.
Washington Post reporter Jeff Stein, “NEW: The initial draft infrastructure proposal circulated at the White House called for $3T in spending & $1T in tax hikes, per 3 sources familiar. But this week, White House expected to push ~$4T in spending &
