WASHINGTON, D.C. – President Joe Biden secured another major victory for the American people Friday when Congress passed his massive $1.2 trillion dollar infrastructure bill.
Just as the latest national jobs report shows 600,000 jobs on average created each month, workers’ wages surging and unemployment plummeting, and Covid-19 infections dropping and vaccinations and breakthrough treatments on the rise, Congress delivered yesterday another win for a President who has done a lot of winning since November 3, 2020. The bill will create an estimated 20 million jobs over the next decade and will be fully paid for and reduce the debt by $36 billion over the first decade and more than $2 trillion in the second decade.
Brandon was unavailable for comment.
@POTUS
to be signed into law. This bill delivers a once-in-a-century investment in our infrastructure, creates good-paying jobs and takes a crucial step to #BuildBackBetter For The People.”
Statement by President Joe Biden on the House Passage of the Bipartisan Infrastructure Investment and Jobs Act
NOVEMBER 06, 2021
Tonight, we took a monumental step forward as a nation.
The United States House of Representatives passed the Infrastructure Investment and Jobs Act, a once-in-generation bipartisan infrastructure bill that will create millions of jobs, turn the climate crisis into an opportunity, and put us on a path to win the economic competition for the 21st Century.
It will create good-paying jobs that can’t be outsourced. Jobs that will transform our transportation system with the most significant investments in passenger and freight rail, roads, bridges, ports, airports, and public transit in generations.
This will make it easier for companies to get goods to market more quickly and reduce supply chain bottlenecks now and for decades to come. This will ease inflationary pressures and lower costs for working families.
The bill will create jobs replacing lead water pipes so every family can drink clean water.
It will make high-speed internet affordable and available everywhere in America.
This bill will make historic and significant strides that take on the climate crisis. It will build out the first-ever national network of electric vehicle charging stations across the country. We will get America off the sidelines on manufacturing solar panels, wind farms, batteries, and electric vehicles to grow these supply chains, reward companies for paying good wages and for sourcing their materials from here in the United States, and allow us to export these products and technologies to the world.
It will also make historic investments in environmental clean-up and remediation, and build up our resilience for the next superstorms, droughts, wildfires, and hurricanes that cost us billions of dollars in damage each year.
I’m also proud that a rule was voted on that will allow for passage of my Build Back Better Act in the House of Representatives the week of November 15th.
The Build Back Better Act will be a once-in-a-generation investment in our people.
It will lower bills for healthcare, child care, elder care, prescription drugs, and preschool. And middle-class families get a tax cut.
This bill is also fiscally responsible, fully paid for, and doesn’t raise the deficit. It does so by making sure the wealthiest Americans and biggest corporations begin to pay their fair share and doesn’t raise taxes a single cent on anyone making less than $400,000 per year.
I look forward to signing both of these bills into law.
Generations from now, people will look back and know this is when America won the economic competition for the 21st Century.
He has done more for the people in less than a year he has been in office then the Dead Sea of Republicans have done in the four years they were in charge besides make noise about nothing.
biden wins and the real American tax payers lose!!!!
The Motley Fool
US Inflation is the Highest in Three Decades
Of course smells like shit who pooped his pants with the pope
You aren’t very smart. He said back to normal economically. We will never be back to normal until the era of trump is gone.
This was written in 2012, when Obama was in office.
One of the most dangerous myths that has infected the current debate over the direction of tax policy is the oft repeated claim that the tax increases under President Bill Clinton led to the boom of the 1990s.
For example, Clinton campaign manager James Carville and Democratic pollster and Clinton advisor Stanley Greenberg write the increase in the top tax rate to 39.6% “produced the one period of shared prosperity in this past era (since 1980).”
While this myth is now a central part of liberal Democratic folklore, it is contradicted by the political disaster and poor economic results that followed the tax increase. The real lesson of the Clinton Presidency is the way back to prosperity lies not through increased taxes on “the rich,” but through tax and regulatory reform and a return to a rules based monetary policy that produces a strong and stable dollar.
The 1993 Clinton tax increase raised the top two income tax rates to 36% and 39.6%, with the top rate hitting joint returns with incomes above $250,000 ($400,000 in 2012 dollars). In addition, it removed the cap on the 2.9% Medicare payroll tax, raised the corporate tax rate to 35% from 34%, increased the taxable portion of Social Security benefits, and imposed a 4.3 cent per gallon increase in transportation fuel taxes.
If these tax increases were good for the middle class, then they should have been popular. Yet, in the 1994 elections, the Democratic Party suffered historic losses.
Second, Messrs. Carville and Greenberg are contradicted by their former boss. Speaking at a fund raiser in 1995, President Clinton said: “Probably there are people in this room still mad at me at that budget because you think I raised your taxes too much. It might surprise you to know that I think I raised them too much, too.”
However, with his masterful 1995 flip-flop on taxes, President Clinton took the first step toward a successful campaign for re-election and a shift in policy that produced the economic boom that occurred during his second term.
In 1997, Clinton signed a reduction in the (audible liberal gasp) capital gains tax rate to 20% from 28%.
The 1997 tax cuts also included a phased in increase in the death tax exemption to $1 million from $600,000, and established Roth IRAs and increased the limits for deductible IRAs.
Annual growth in federal spending was kept to below 3%
The Clinton Administration also maintained its policy of a strong and stable dollar. Over his entire second term, consumer price inflation averaged only 2.4% a year.
It was a prosperity produced by freeing America’s poor from a punitive welfare system, lowering tariffs, reducing tax rates on the creators of wealth, limiting the growth of federal government expenditures, and providing a strong and stable dollar to businesses and families in America and throughout the world.
A shared prosperity can be achieved again. But to do so, the American people will have to overcome the envy feeding myth perpetrated by President Barack Obama(this could be changed to Biden, and the article except dollar amounts, would stand true.) and the spin-masters and leadership of the Democratic Party that raising tax rates on high incomes will somehow lead to more job creation, more opportunity and increased prosperity and security for the middle-class.
https://www.forbes.com/sites/charleskadlec/2012/07/16/the-dangerous-myth-about-the-bill-clinton-tax-increase/?sh=2f6c5ac66e8a
People should not fight each other, the evil government that causes divisions has to be abolished!
So… anarchy in society is your dream? We already have that in the banks and Wall Street, look what that’s done to our country.
Biden did an end around the “ squad” ! Bribed 13 Republicans to take their leverage away ! Hate the bill but glad they got shut down !!
More like, there were a bunch of GOP with a few brain cells left functioning not tainted by TFG who care about actually doing something to benefit American society.
At what cost?
Trump was More for Americans’ safety than Biden. Millions of illegals coming in. Joe could care less the impact this will have . Biden and his crime family will be safe with his security fencing around his home. Funny isn’t it they deserve protection, feeling safe and secure but the American people, well you are on your own.
Trump’s negligence helped kill off hundreds of thousands of ill-advised citizens who thought Covid was going to evaporate like magic… because Trump said it would. Get real, bro.
Joe was left with 3 vaccines and has more die on his shift than Trump.get real Bro
He’s gotten 70% vaccinated in the *months* since he took office, lil bro. He was left to clean up yet another Trump bungle/intentional harm he inflicted on the American sheep.
And without Trump pushing a fast track plan, we would still be waiting for the first of the vaccines to be rolled out for use in the US.
If media and the FBI had been TRUTHFUL (we know they can’t be, AND cover for Democrats at the same time) there wouldn’t have been such Trump hatred.
NIT the female dog of the 2 cent regurgitate Marxist crap site.
Biden “wins” and Americans lose.
——————————–
THIRD TIME POSTING THOSE 5 SIMPLE
WORDS ABOVE. TWICE TAKEN DOWN.
PEOPLE CAN’T HAVE AN OPINION NIT?
THOUGHT MEDIA WAS SUPPOSED TO BE
NON-BIASED. NOTHING OFFENSIVE IN
THOSE 5 WORDS JUST AN OPINION THATS
DIFFERENT THAN YOURS ON THIS SUBJECT.
HOW SAD,I USED TO HAVE MORE RESPECT
FOR THIS SITE AND YOU USED TO HAVE
MORE RESPECT FOR YOUR READERS TOO.
THANK YOU BRANDON! THANK YOU BRANDON! THANK YOU BRANDON!
SAD, isn’t it.
0 ZERO MONEY FOR BORDER WALL CONSTRUCTIONIN THE INFRUCKSTUCTURE BILL – Give legal US citizens some credit – nback then we had no CRT chinese propaganda taught in OUR schools – when the government took control the education WENT TO HELL !
Pick up a musket and go to Texas and stand guard at the border if you’re so worried.
Look in the mirror to see the TARD.
When Pedo Joe was elected, a barrel of oil costs $42.69(price on 11/30/2020), a little over 9 months into his presidency,$79.40(price on 10/1/2021). A rise of $36.71 (or 97.56%), could that be because OPEC has US over a barrel?
OPEC:
Currently, the Organization comprises 15 Member Countries – namely Algeria, Angola, Congo, Ecuador, Equatorial Guinea, Gabon, IR Iran, Iraq, Kuwait, Libya, Nigeria, Qatar, Saudi Arabia, United Arab Emirates and Venezuela.
This is where we send our money now, with Trump in office, we did NOT import oil.
Poor wackos don’t know what to do as our country returns to normal economically which is how they always judged trump but refuse to acknowledge what the data shows – it’s working.
what were fuel prices under Trump?
Nobody was driving anywhere during th pandemic so gas prices were abnormally low. Just like your intelligence.
or yours. trucks,trains, deliveries were all happening as was vehicle use for working, just no vacations
No driving to work or to the store or mall or, for you, the bars.
National Average Retail Gas Prices
Month of:
Aug 2019 2.621
Sep 2019 2.592
Oct 2019 2.627
Nov 2019 2.598
Dec 2019 2.555
Aug 2020. 2.182
Sep 2020. 2.183
Oct 2020. 2.158 — Coming down.
Nov 2020. 2.108 — Biden elected.
Dec 2020. 2.195
Jan 2021. 2.334
Feb 2021. 2.501 — Biden killed Keystone and drilling permits.
Mar 2021. 2.810 — Just to show it is because of Biden.
Oct 2021. 3.291 — Thanks Joe. Thanks Democrats.
https://www.eia.gov/dnav/pet/hist/LeafHandler.ashx?n=pet&s=emm_epmr_pte_nus_dpg&f=m
We are turning the corner and getting back to normal. Your hatred of the current administration doesn’t allow you to see progress. FO.
THANK YOU BRANDON! THANK YOU BRANDON!
Who is the hack that wrote this crap?
I don’t know, but for sure, the lunatics are running the asylum.