Thursday, February 25, 2021

Dems' COVID Bill Takes Waste, Fraud, And Abuse To A Whole New Level

While Democrats claim the need is urgent, almost $700 billion of of the funds won't get spent until sometime over the next decade, according to the Congressional Budget Office.

Two-thirds of $90 billion targeting transportation and infrastructure are stretched out over the next 10 years.

A huge chunk of the bill is for things that are unrelated to COVID. An analysis by the Committee for a Responsible Federal Budget found such goodies as a $58 billion bailout of union pension funds, a $23 billion expansion of the earned income tax credit, $34 billion in expanded Obamacare subsidies, a doubling of the federal minimum wage - which will cost taxpayers $54 billion.

All told, the group said $312 billion could be jettisoned without harming actual COVID relief efforts.

Democrats want to dump nearly $8 billion to expand broadband access.

Schools don't deserve to get $129 billion when they've been closed for a year and when teachers' unions are still pressuring governments to keep them closed.

The CBO recently alerted Congress to the fact that the $15 minimum wage Democrats are pushing would throw 1.4 million out of work, and cost taxpayers $54 billion over the next decade.

https://issuesinsights.com/2021/02/25/dems-covid-bill-takes-waste-fraud-and-abuse-to-a-whole-new-level/ 

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