Democrats’ $3.5 Trillion Budget Resolution Would Remake The US Economy – The Federalist

Posted: August 11, 2021 at 12:28 pm

The weeks upon weeks of negotiations leading up to the passage of a $1 trillion infrastructure bill were just the prelude to the absolute whopper that is the Bernie Sanders budget resolution, which hit the wires Monday morning and will hit the Senate floor Tuesday.

The $3.5 trillion documentis a full-on attempt to remake the American economy, the labor markets, blow off our immigration laws, rewrite the tax code, impose a climate agenda, and profoundly alter the relationship between the government, and those it governs.

Among the bills highlights:

It is important to note that congressional budgets are blueprints. Budget resolutions never become law; they merely provide the umbrella document, or the outline, under which appropriations the actual spending takes place. Much of that process will begin in September when Senate committees put forward their reconciliation bill. Reconciliation also has an associated unlimited amendment process, or vote-a-rama, and passes with a simple majority.

Taken together, this current $1 trillion infrastructure bill, plus the $3.5 trillion budget resolution, which will be accompanied with a reconciliation bill of potentially an even greater amount, is one of the most aggressive efforts from Democrats in the modern era to transform the economy in their image.

At some level, you have to respect the moxie. Democrats are using a Democrats-only reconciliation package to transform the country. Republicans couldnt even muster the votes on their own side to use reconciliation to repeal Obamacare.

Rachel Bovard is The Federalist's senior tech columnist and the senior director of policy at the Conservative Partnership Institute.

Excerpt from:

Democrats' $3.5 Trillion Budget Resolution Would Remake The US Economy - The Federalist

Related Posts