Rep. John Yarmuth (D-KY) serves as chair of the House Budget Committee. During a recent appearance on CNN, Yarmuth downplayed concerns about the cost of the massive infrastructure bill, and said that the federal government can “afford anything.”
There are way too many people serving in Washington, DC who believe this is true.
Here’s the transcript of Yarmuth’s comments, via Real Clear Politics:
REP. JOHN YARMUTH: The number itself is meaningless. I mean, I read Joe Manchin’s statement, I’ve listened to him, he has no understanding of how the federal government monetary system works when he compared it yesterday to his household income, that has no relevance to what we can do.It’s not a question of what we can afford. The federal government can afford anything that it feels it needs to do and right now that’s what we ought to be focused on. So that’s kind of the position I took in the budget committee, that’s the position I will take going forward.The shame is that we have an opposition party, the Republican Party, who doesn’t think the federal government has any obligation to do anything about providing childcare, early childhood education, paid family and medical leave, any of the things that are in the Build Back Better Act.
Here’s the video:
Most people cannot even conceive of how huge a number a trillion is, but the Democrats want to spend almost four of them. And now slightly smaller numbers are being talked about as compromise. It’s insane.
Brian Riedl of the Manhattan Institute writes at the New York Post:
Only in Leftieland is $1.5 trillion considered a ‘compromise’You know things have gone crazy when a trillion dollars is considered a compromise.Yesterday, Sen. Joe Manchin (D-WV) insisted he cannot support a reconciliation bill costing more than $1.5 trillion — $2 trillion less than most Democrats want. And he insisted that this bill must be fully offset.“I can’t support $3.5 trillion more in spending when we have already spent $5.4 trillion since last March,” he said. “At some point, all of us, regardless of party must ask the simple question — how much is enough?”Manchin’s Democratic colleagues continue to express exasperation, saying they had already compromised down from Bernie Sanders’ $6 trillion demand. Progressive activists on social media have erupted that Manchin may as well join the Republicans.
We better hope this bill fails. Democrats are driving the country straight over a cliff.
Featured image via YouTube.
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