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Democrats’ Reconciliation Bill Will Cost Taxpayers $5.5 Trillion, Sen. Lummis Says

Democrats’ Reconciliation Bill Will Cost Taxpayers $5.5 Trillion, Sen. Lummis Says

FromThe Daily Signal Podcast


Democrats’ Reconciliation Bill Will Cost Taxpayers $5.5 Trillion, Sen. Lummis Says

FromThe Daily Signal Podcast

ratings:
Length:
45 minutes
Released:
Jul 29, 2021
Format:
Podcast episode

Description

Democrats are trying to push both a $1.2 trillion infrastructure bill and a $3.5 trillion reconciliation package through Congress. While the former provides funding for traditional infrastructure, such as roads and bridges, the larger latter package provides trillions of dollars for a laundry list of left-wing priorities, Sen. Cynthia Lummis, R-Wyo., says. “They have fudged on other numbers within it, so it's probably more like [a] $5.5 trillion [bill],” Lummis says of the larger spending package. “It is the Green New Deal. It is new entitlement programs, and it really is a terrifying, inflation-causing, big government-motivated spending bill.”If the American government does not stop spending at such a rampant pace, the “best-case scenario is that our dollars will go less far,” Lummis says, adding that the “worst-case scenario is that we put the dollar at risk as the world reserve currency.” Lummis joins the show to explain what you need to know about the two spending bills. She also share a bit about her journey to public office and what it’s like to be the first female senator from Wyoming. Also on today's show, Doug Blair talks with Tom Jones, co-founder of American Accountability Foundation. They discuss President Biden's radical cabinet nominees and wasteful government spending. We also cover these stories: About 50,000 illegal immigrants have been released into America without a court date, according to an exclusive report from Axios. Republican and Democratic senators have reached tentative agreement on a $1.2 trillion infrastructure bill. The House of Representatives is reinstating a mask mandate for House members. Enjoy the show! Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.
Released:
Jul 29, 2021
Format:
Podcast episode

Titles in the series (100)

Our daily news podcast brings you top news stories, plus analysis and insights from reporters and scholars about the state of play in America’s hottest policy debates. Our GDPR privacy policy was updated on August 8, 2022. Visit acast.com/privacy for more information.