the cost is one bizzaro thing . Possibly the more bizarro thing is what it would buy.
He wants to recreate the real estate mistakes of the 2000s by giving $20 grand to 1st time minority home buyers for down payments in an attempt to make suburbs more racially diverse. The scheme just like the prelude to the real estate bubble burst would drive up prices and eventually lead to a collapse . The poor homeowners would be the ones that end up in foreclosure and the government would shift the blame to the greedy banks that financed the rest of the purchase
The bill is big on union concessions ;racial preferences and promised freebees .
The bill gives $14,000 to homeowners who upgrade their homes with new energy efficient items . The catch is that all work has to be done by union employees and minority contractors get preference.$1,4 billion goes to unions to hire workers to care for the elderly and disabled .The bill gives preferential tax treatment for union dues, tax credits for buying union-made EVs and a huge increase in civil penalties against employers who resist unionization.
The Dems sell this by saying it is for the children . But the only thing the children get out of this is the IOUs . They also lie about the costs . When people point out real costs then the Dems resort to budget trickery by reducing years these programs are funded ;ie the child tax credit aka Quid bucks ,is only funded for 5 years ...... as if they plan to ever let the funding run dry . Universal pre-K funding for only a year ? Who are they trying to kid ?
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