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Infrastructure rebuilding will cost $Trillions
Houston's Sunday morning political debate show! The WYP panel talks about the 2 infrastructure plans, the cost and how we can afford to move forward..
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If you listen hard enough you can probably hear the printing presses in Washington shifting into "hyperdrive".
Before Congress, as we speak, two so-called "infrastructure" bills with a combined price tag of $5 trillion dollars - that's trillion with a "t"!
Republicans are offering tenuous support for the actual "infrastructure" measure - the one that constructs and repairs roads, bridges, dams, etc.
However, Democrats are going it alone on the second jumbo spending bill to improve our so-called "human infrastructure" - progressive code for "new social programs."
Gov't Spending, Childcare Credit and Inflation
Schumer and Pelosi are looking to pass that measure, albeit with a razor margin, through budget reconciliation, which requires only a simple majority.
Host Greg Groogan poses a simple question, to the panel - Can we afford this?