President Biden’s big government legislative agenda will kill 5.3 million jobs and generate $4.5 trillion in debt, according to a Monday study by the Texas Public Policy Foundation.
The study also suggests the United States’ gross domestic product (GDP) will be reduced by $3.7 trillion, nearly the cost of the massive $3.5 trillion reconciliation package.
Biden’s legislative agenda will additionally cost American families a combined $1.2 trillion in reduced income via tax increases to pay for the costly package, the study reveals.
The study also broke down the costs of Biden’s social welfare spending by state, analyzing Texas, Arizona, and West Virginia.
America Last: Biden’s Legislative Agenda to Kill 5.3 Million Jobs, Generates $4.5 Trillion Debt
- by: Wendell Husebø
- 2021-09-27
- Source:
Breitbart
- 09/27/2021
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