Biden’s illegal giveaway to higher-income Americans will cost more than $400 billion amid historic inflation. It’s an insult to taxpayers.
U.S. CBO @USCBO
26 Sep 2022
CBO estimates that the cost of outstanding student loans to the federal government will increase by about $400 billion because of an executive action canceling some debt. cbo.gov/publication/58494

Sep 27, 2022 · 2:59 PM UTC

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Replying to @karaggmartin @SenatorTimScott
#InflationIsTemporary #FascismIsDeath “...we found almost [NO EFFECT] of government spending...[INFLATION]..we found that a 10 percent increase in government spending led to an 8 basis point decline in inflation..[NOT STATISTICALLY] different from zero.” stlouisfed.org/on-the-econom…

How Does Government Spending Affect Inflation?

Growth of the U.S. economy has been anemic. Would more government spending help boost it?

stlouisfed.org
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Replying to @SenatorTimScott
Are you kidding me? You all gave $2T to the richest 1% while raising taxes on workers and the middle class. Get out of here with that 💩. #GOPTaxScam
Replying to @SenatorTimScott
You, or your 18-year old Twitter writer, didn't READ Biden's mandate. But you knew that already -- you just rely on your followers to be equally ignorant.
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Replying to @SenatorTimScott
Senator Please stop your lying lying lying you people just want power and then you misuse it. You are the insult senator it must be something in the air that cause South Carolina Senators to lie and flip flop wow you and Graham are the same. It's not illegal what Biden did
Replying to @SenatorTimScott
Uncle Tim, if you think you can fool us into thinking that people who make less than a senator yearly are higher-income Americans, you're an idiot
Replying to @SenatorTimScott
“Make them scared of it and tell them whose to blame.” Tim, you’re leaving out relevant information and still offering no solutions. Sit this one out
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Replying to @SenatorTimScott
You voted for a $1.4 trillion tax cut for the wealthy and big corporations. That was a insult to taxpayers.
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Replying to @SenatorTimScott
You think we forgot about the biggest tax break ever given and addition to the deficit in history given by your orange daddy, shut the hell up coward!!!
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Replying to @SenatorTimScott
#GOPLiesAboutEverything
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