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Amtrak's proposed $80 billion windfall: Too much or too little?


Cq-Roll Call
AP
Looking beyond the $1.9 trillion covid relief bill, President Joe Biden and lawmakers are laying the groundwork for another of his top legislative priorities a long-sought boost to the nation’s roads, bridges and other infrastructure that could meet GOP resistance to a hefty price tag.
 
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WASHINGTON The $80 billion that President Joe Biden proposes to give Amtrak over eight years in his $2 trillion infrastructure proposal would be a windfall for an enterprise that typically receives $2 billion from the federal government per year. ....

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Biden pushes more audits, higher corporate tax rate to fund infrastructure bill


(The Center Square) – The Department of Treasury released more details Wednesday of a planned $2.5 trillion tax hike to fund President Joe Biden’s sweeping infrastructure bill.
The Biden administration’s 19-page “Made in America Tax Plan,” focuses on raising taxes on corporations and preventing them from moving profits overseas. The plan claims to raise $2.5 trillion over 15 years.
The tax hike has raised concerns from economists, Republicans and some Democrats. U.S. Sen. Joe Manchin, D-W.V., one of the more moderate Democrats in the Senate and a key vote for Democratic leadership, has voiced opposition to Biden’s current plan. ....

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Biden's Infrastructure Plan Aims to Make Big Government Cool Again


Biden’s Infrastructure Plan Aims to Make Big Government Cool Again
Susan Milligan
© (Doug Mills-Pool/Getty Images)
WASHINGTON, DC - MARCH 30: U.S. President Joe Biden speaks before signing the Paycheck Protection Program (PPP) extension in the Oval Office of the White House on March 30, 2021 in Washington, DC. The extension will push the deadline for Paycheck Protection Program loans from March 31 to May 31. (Photo by Doug Mills-Pool/Getty Images)
His early legislative agenda is already running up a tab in the trillions of dollars. His infrastructure plan goes way beyond fixing roads and bridges, extending to care for the elderly and disabled, paid family and medical leave, and funds for housing and clean water programs. He and his Cabinet have made public proclamations supporting federal workers and government scientists. ....

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1.9 Trillion

This week the $1.9 trillion “American Rescue Plan” was passed. Yet only a paltry 9% (or less) of the stimulus will be spent on actual public health measures. Rather, it is a wish list of the left’s pet projects that has very little to do with reducing the spread of the virus. 

On this episode, Heritage Budget expert David Ditch breaks down the monstrous spending package, gives us insight as the where the money will actually go, and explains the disaster this is for the future of America. ....

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