By now, many have heard of President Joe Biden’s latest multitrillion-dollar spending package: the American Families Plan. While the name of this legislation may seem disarming, the American Families Plan is, in reality, a damaging and misguided liberal spending spree that will punish the next generation of families and businesses.
Biden’s liberal media press pool have so far neglected to report the serious economic consequences of this bloated, irresponsible legislation.
The liberal media have failed to cover the most devastating impacts of the $1.8 trillion proposal — mainly the fact that it would radically increase the size and scope of the federal government while undermining families in the process. Under Biden’s plan, families would have less control over their wages, child care, healthcare, education, you name it. These consequences will weaken our economy and threaten our way of life. We are already seeing inflation levels not seen in decades.
The Biden administration is hellbent on instilling a big government takeover that imposes a one-size-fits-all approach on the public while driving our nation into unprecedented levels of debt. In just six months in office, Biden has proposed over $6 trillion in new federal spending while our national debt has soared to more than $28.5 trillion.
Although the American Families Plan currently has a price tag of $1.8 trillion, if tied into a larger budget reconciliation process, this gargantuan legislation would cost taxpayers upward of $3 trillion to $4 trillion. Washington Democrats routinely fail to comprehend that writing blank checks to special interests undermines our economy and our entire nation — not to mention saddling our children and our children’s children with an unbearable financial burden.
Here’s a preview of the so-called American Families Plan: It creates a permanent expansion of the welfare state that disproportionately discourages work among low-income people, making them more dependent on the federal government. The proposal would also spend billions on new excessive federal programs that make it easier for the federal government to control everyday lives.
Despite Biden’s repeated promises of “free” handouts, let’s be real. Nothing in life is free. Debts must be paid.
Biden knows this, of course, so he plans to raise taxes on hardworking families and nearly double the capital gains tax rate to pay for his trillions in new spending. The last thing our country needs right now is tax hikes and big government takeovers, especially as skyrocketing consumer costs are disproportionately hurting low-income people.
However, the American Families Plan package is more than a pathway to more government overreach. It perpetuates the classic liberal premise that government knows best and that people are incapable of creating a life for themselves outside the bounds of the federal government. The Biden-Harris socialist agenda operates under the assumption that the government is the only way to solve our nation’s problems, when history has told us time and time again that this is not the case. House Republicans reject this notion to the highest degree.
Under Biden’s new socialist legislation, the federal government would steal more of people’s hard-earned wages and give liberal politicians the funds to further their leftist agenda. To be clear, the role of the federal government is to protect consumer choice and allow parents to make the best decisions for their families, not instill billions in new taxes and restrictive government mandates.
As this nation emerges from the COVID-19 pandemic, the federal government needs to incentivize workforce participation, rein in excessive spending, and get out of the way so families and businesses can thrive. Reducing the power and influence of the federal government will help people across the country regain the agency and control we deserve.
Greg Murphy represents North Carolina’s 3rd Congressional District in the U.S. House of Representatives. He is the ranking member of the Higher Education and Workforce Investment Subcommittee.
