Globalist Biden pushing a $40 TRILLION international infrastructure plan
President Biden continues to struggle to grasp while prices are skyrocketing as he proposes more spending and a bigger government.
President Joe Biden wants to spend $40 trillion on “infrastructure,” an announcement the White House made ahead of the globalist G-7 meetings this weekend.
“On infrastructure, we’ll be announcing a bold, new global infrastructure initiative with our G7 partners that will be values-driven, transparent, and sustainable,” the White House said on a press call. “There is, by some estimates, a $40 trillion infrastructure gap in parts of the world that this would be intended to help other countries fill.”
“The White House stated that Biden would work with Congress to increase overseas infrastructure financing and coordinate funding from other G7 nations and the private sector to help fund infrastructure for low- and middle-income countries,” Breitbart reported. “They cited a needed $40 trillion investment estimation by the World Bank through 2035 for their price tag.”
However, while infrastructure sounds like it would include things like roads, bridges, airports and water and sewage systems, the left has turned the phrase into anything they want. Take Biden’s proposed United States infrastructure plan, for example.
“[In] Biden’s budget-busting $2.25 trillion plan, less than 5 percent of those dollars actually get spent on traditional road and bridge projects,” Kay Cole James, the president of the Heritage Foundation, wrote in an essay about Biden’s legislation.
“This new definition of shovel-ready infrastructure includes massive amounts of corporate welfare, a huge expansion of Medicaid benefits, federal rules to undermine right-to-work laws across the country, a ‘Civilian Climate Corps’ that would use billions of taxpayer dollars to fund legions of environmental activists, and billions in subsidies for buying electric vehicles,” the conservative leader said.
Should the U.S. spend money to build roads in other countries? What happened to putting America first? Share your thoughts below!
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