The Biden administration and congressional Democrats are seeking to pass a revived version of the “Build Back Better Act” that would codify major portions of the Great Reset and the Left’s radical climate agenda.
URGENT; UPDATE: On August 7, the U.S. Senate voted 51-50 (with Vice President Kamala Harris breaking a tie) to pass the so-called “Inflation Reduction Act of 2022.” The bill now goes to the House, which plans to hold a vote on Friday, August 12. If this bill is passed, congressional Democrats will have enacted $3.5 trillion in federal spending under Biden, on top of the “ordinary” budget. Furthermore, the bill number is H.R. 5376, the same bill number assigned to the “Build Back Better Act.” Urge your U.S. representative to oppose this bill!
This 755-page bill, falsely titled the “Inflation Reduction Act of 2022,” would spend about $740 billion, including $433 billion in brand-new spending, would implement radical-leftist programs that will significantly expand the federal government, along with multiple new or increased taxes. These include:
- $369 billion in leftist “climate change” programs, with the goal of lowering carbon emissions by 40% by 2030;
- $300 billion in “deficit reduction” (as if one can reduce the deficit by spending more money);
- $64 billion to extend expanded ObamaCare subsidies;
- Violating state sovereignty by forcing them to adopt leftist policies in exchange for receiving federal funding;
- Raising fee rates on energy production on public lands;
- Raising income taxes for Americans of nearly every income level;
- Raising taxes on small- and medium-sized businesses;
- $80 billion in IRS funding (including to hire up to 87,000 new agents) so it can find ways to take even more money from taxpayers;
- Massively expanding tribal loans while removing safeguards;
- Subsidizing electric cars made in Canada and Mexico; and
- Implementing the OECD’s 15% global minimum tax proposal, a major step toward world government.
Despite the bill’s title, it will not reduce inflation; according to the Wharton School of the University of Pennsylvania, the bill will “very slightly increase inflation until 2024.” Even without the bill’s passage, inflation is at historic levels, and a bill that massively increases spending (and doesn’t direct it toward the right areas) by definition cannot reduce inflation.
Furthermore, the bill won’t reduce the deficit. (Any projections of this are based on tenuous, long term and/or overly optimistic presumptions. For example, if the “temporary” extension of ObamaCare is made permanent, any savings will be significantly slashed.) In fact, it is projected to increase the deficit in four of the first five years after enactment.
In addition to advancing world government, the bill’s global minimum tax proposal would disproportionately hurt manufacturers, right when there is great need to promote manufacturing.
Biden’s entire “Build Back Better” campaign is based on a UN program to advance Agenda 2030 and the Great Reset. UN leaders and other prominent globalists have promoted the same program. In other words, it is not Biden’s program, but a UN program that he adopted.
The revived “Build Back Better” bill is a major step toward socialism. Reacting to news of the agreement, Senator Brian Schatz (D-Hawaii) called the bill “the biggest climate action in human history.” In their effort to pass the bill, Senate Democrats abandoned their Covid-testing policy, despite previously criticizing Republicans for not taking Covid restrictions seriously enough.
Although “only” about $740 billion, the revived “Build Back Better” bill is only a first step toward even larger and more radical measures. Furthermore, in the wake of record-high inflation, record government spending, record gas prices, and food shortages, this bill would absolutely take our Republic in the wrong direction.
Tell your U.S. representative and senators to reject this revived “Build Back Better” bill and instead urge them to abide by the U.S. Constitution and to promote fiscal responsibility.
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