Dem vs. GOP debt
Dispatcher Larry Penner is upset that President Joe Biden’s Infrastructure Bill will add $595 billion to the deficit over the next ten years.
The bill will put $110 billion into roads, bridges and other major projects, $66 billion into freight and passenger rail, $39 billion into public transit systems, $65 billion into expanding broadband, a priority after the coronavirus pandemic left millions of Americans at home without effective internet access, and $55 billion into improving water systems and replacing lead pipes.
It will also increase funding for seniors in regards to vision, hearing and dental care, fight climate change, curb prescription drug prices, and increase funding for veterans.
Was Mr. Penner equally as upset when Donald Trump’s tax cuts for millionaires and billionaires added $3.9 trillion to the deficit? Of course not.
Here is the difference when it comes to Republicans and Democrats in regards to the deficit: Reagan took the deficit from $70 billion to $175 billion, Bush 41 took it to $300 billion, Clinton got it to zero.
Then Bush 43 took it from zero to $1.2 trillion, while Obama halved it to $600 billion despite Republican obstructionism at every turn. When Trump left office the deficit was $27 trillion!
Just to be clear, Biden increased the deficit to help the citizens of the United States. Trump increased the deficit so that the wealthy could buy a new yacht.
Robert LaRosa, Sr.