Watch Out: Biden’s New Budget Is A Dangerous Bust!

Taxes

This segment of What’s Ahead lays out how stunningly unrelated President Biden’s proposed budget is to the real needs of the U.S. economy and how reckless it is for our defense necessities in an ever more menacing world.

For example, the Navy says we would need 500 ships to counter China’s navy in a conflict. Yet Biden is cutting the number of our vessels.

We and our allies must have many more F-35 fighters, our most important military aircraft program. Inexplicably and irresponsibly, the White House wants to slash production.

And on and on it drearily goes.

A strong economy is crucial for a strong defense. Yet again Biden is pushing for massively expensive new programs that in the real world would mostly do far more harm than good. They also mean again opening the floodgates of new spending—and we know where that leads.

Simultaneously, Biden wants sky-high jumps in destructive taxes that experience shows will sap economic vitality.

The U.S. and the Free World desperately deserve better than this.

Articles You May Like

U.S. ‘industrial renaissance’ is fueling a rebound in fundraising, Apollo CEO Marc Rowan says
Are Black Friday deals worth waiting for? Here’s what to expect this year
Elon Musk endorses Trump’s transition co-chair Howard Lutnick for Treasury secretary
Visa and Mastercard execs grilled by senators on ‘duopoly,’ high swipe fees
How to protect your portfolio against risks tied to President-elect Trump’s tariff agenda

Leave a Reply

Your email address will not be published. Required fields are marked *