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    Home»News»President Joe Biden has opted for a $1.2 trillion infrastructure development program over debt ceiling discussions.
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    President Joe Biden has opted for a $1.2 trillion infrastructure development program over debt ceiling discussions.

    By slstaffJanuary 30, 2023Updated:January 31, 20234 Mins Read
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    The $1.2 trillion Infrastructure Investment and Jobs Act, signed by President Joe Biden in 2021, is funding a tunnel project that Biden praised in a statement he released on Monday in Baltimore, Maryland. Following the breach of the $31.3 trillion debt ceiling on January 19, he refused to negotiate spending cutbacks with Republican lawmakers.

    When in Baltimore, President Biden took the Amtrak through the Baltimore-Patomic Tunnel, which he had done “a thousand times,” so he could discuss efforts to rehabilitate it.

    I’ve been through this entrance hundreds of times; I know what’s on the other side “The comment was made public by President Joe Biden. You are well aware that repairs are necessary for the Baltimore tunnel.

    He agreed that this tunnel is essential for the Baltimore–Washington corridor’s MARC train, Commuter Rail, and Computer Train.

    Cost estimates from the White House put the total at $6 billion, with up to $4.7 billion of that amount potentially coming from the infrastructure package.

    After the bill was signed into law, President Joe Biden called it “the most significant investment in American roads and bridges since the interstate highway system” and “the biggest investment in the train in America since the foundation of Amtrak 50 years ago.”

    In November 2021, he signed “bipartisan infrastructure legislation,” which came months after he signed the massive $1.7 trillion American Rescue Package, a coronavirus relief package that earned no conservative triumphs but many leftist spending schemes.

    Rep. Jim Banks (R-IN) was quoted by Breitbart News following the vote as saying, “Only $110 billion of the $1.2 trillion in spending would include roads, bridges, and other projects that most Americans would consider infrastructure.”

    Breitbart News’ Sean Moran reports that the RSC has offered $66 billion in assistance for Amtrak while minimizing any government obligation for the rail infrastructure.

    Earlier this month, Treasury Secretary Janet Yellen acknowledged that the United States has surpassed its debt ceiling of $31.3 trillion, and the department has since warned that it may employ “extraordinary measures” until June to avert a default.

    Karine Jean Pierre, the White House press secretary, said that President Joe Biden agrees that the debt ceiling should be increased “without conditions,” and the White House has made it clear that the President has no intention of negotiating with Republicans, who are demanding cuts to offset the debt in exchange for raising the ceiling.

    President Joe Biden recently told mayors from around the country in the White House’s East Room that they “need to work on making sure we do not incur additional debt” following a large spending spree by himself and the previous Democrat-controlled Congress. Obama then appeared to try to back up his argument that Republicans meant to cut spending on Social Security and Medicare in particular by bringing up the prospect of tax increases.

    Reports surfaced last week that House Speaker Kevin McCarthy had told Democratic West Virginia Senator Kevin Manchin that neither Social Security nor Medicare will be reduced in any way. The former president has spoken out in favor of both programs, urging Republicans to avoid making any modifications that would “help pay for Joe Biden’s irresponsible spending spree.” Instead, he advocated for eliminating “large releases of illegal aliens that are depleting our social safety net and wrecking our country” and reducing the “hundreds of billions of taxpayer funds pouring to corrupt foreign governments.”

    Please don’t take away the privileges our ancestors fought for and paid for with their blood and sweat.”

    We must root out every instance of waste, fraud, and abuse that we can. The guy begged us to maintain our current system of social security.

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