The Budget Battle Begins
If you blinked last week, you missed Joe Biden drop his 7 trillion dollar spending proposal. Sandwiched between the SVB collapse and the debt ceiling debate - it’s time for the GOP to fight back.
Joe Biden unveiled his proposed 2024 annual budget last week; the close to 7 trillion dollar, monster of a spending package would raise taxes nearly an additional 2 trillion dollars, potentially add up to 10 trillion dollars to the national debt, and raising it to over 50 trillion dollars by 2033 while surprisingly setting it sights on the billionaire donor class.
The budget proposal opens the door for the Republican-led House to force a floor vote to expose the left’s hypocrisy and gain receipts, it also serves as both a test and a preview for Kevin McCarthy’s looming showdown over the debt ceiling later this year.
While a vote would confirm which Democrats support both raising taxes, immediately killing 200,000 jobs with a potential to kill up to a million - it’s going to be the will of historically soft Republicans to roll up their sleeves and get dirty for the already bruised domestic economy and the beat down American working class.
As the Democrat party prepares to circle the wagons for Biden’s re-election bid, the 2020 messaging of “America is back,” and “The adults are in charge” are quickly falling by the wayside to meet the needs of the forever war advocates and radical climate progressives of the Build Back Better wing of the democrat party.
Raising taxes while the inflation rate nationally sits around 7% and is closer to 15% in most metropolitan areas of the country seems like the least likely solution to secure votes in the 2024 cycle, however, the rhetoric Joe Biden has been shouting and whispering from the lectern has now made it to print in the form of this massive spending bill.
What’s more surprising than the amount of times that climate change (145), equity (63) and social justice (25) are mentioned in the bill while attempting to fund 80,000 new IRS agents, is how infrequently mentioned are the challenges that are directly affecting the country, namely inflation (10), border security (8) which includes funding for only 335 new Border Patrol Agents and energy prices (3).
Which asserts the notion that this radical, progressive, climate-driven and tax-heavy budget proposal is simply the next step towards eliminating the blue-collar, middle class, while driving the country so far into the red that our quickly evaporating geopolitical footprint in the world will be reduced in the same fashion that the climate “experts” claim they can eventually reduce our carbon footprint.
So as the House GOP prepares to dig in for the fight, while Senate democrats, with 26 seats up for re-election in 2024 shudder at even the notion of hitting the campaign trail having to defend this tax burdening, job killing, equity laden monster of the budget it appears that Joe Biden has gifted Republicans an early present heading into the presidential primary season.
As the first big litmus test for Republicans to win over moderate and independent voters who are hurting under two years of Biden-era policies has arrived and wedged itself between the SVB collapse and the debt ceiling deadline, now is the time for the GOP to move while there’s blood in the water.
Let’s hope that Speaker McCarthy and some of anti-reckless spending republicans like Representatives Matt Gaetz and Bob Good get out ahead of this budget and send it back from where it came.
• Rone is the Executive Producer and Host on the Steak for Breakfast Podcast. You can subscribe to the show on Apple Podcasts at: