Thursday, May 6, 2021

The business of the swamp is earmarks

Biden to push his big infrastructure plan in GOP stronghold
Biden is leaning into the stagecraft of the presidency on Thursday by choosing to speak in the city of Lake Charles in front of a 70-year-old bridge that is 20 years past its designed lifespan.

Even as he engages with Republicans in Washington, Biden is trying to sell their voters on the idea that higher corporate taxes can provide $115 billion for roads and bridges and hundreds of billions of dollars more to upgrade the electrical grid, make the water system safer, rebuild homes and jump-start the manufacturing of electric vehicles.

He’s proposing to pay for his plan by undoing the 2017 tax cuts signed into law by President Donald Trump and raising the corporate tax rate from 21% to 28%. Biden contends his programs would bolster the middle class and make the country stronger than tax cuts for big companies and CEOs.

Selling bridges, roads and choo choos to no where. The problem is to his left, the public sector unions would rather have the cash.   How many taxpayers from anywhere will promise to pay for ten years on a  project managed by Congress?

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