Increased Federal Spending Gets Fresh Scrutiny with Ongoing Spike in Inflation, Consumer Costs

Skyrocketing inflation and consumer costs are hurting President Joe Biden’s and Congressional Democrats’ hopes to pass another major spending bill through the reconciliation process.

The Department of Labor’s Bureau of Labor Statistics this week reported an 8.6% increase in wholesale prices over the past 12 months, the highest increase in years. The federal agency also said this week that the consumer price index, another key tracker of inflation, is rising at the fastest rate in decades.

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Commentary: Democrat Spending Bill Taxes the Rich and the Poor

“No one got everything they wanted, including me, but that’s what compromise is. That’s consensus. And that’s what I ran on.”

That was President Joe Biden on Oct. 28 unveiling his latest $1.75 trillion spending bill—watered down from $3.5 trillion after Sen. Joe Manchin (D-W.Va.) refused to budge on the topline number—that Congress is expected to vote on this week.

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Democrats’ Spending Bill Creates a ‘Privacy Bureau’ with a $500 Million ‘War Chest’

A provision in the most recent version of the Democrats’ spending proposal allocates $500 million for a privacy bureau within the Federal Trade Commission, with little guidance on how the money is to be spent.

The bill, known as the Build Back Better Act, appropriates $500 million for fiscal year 2022 to the Federal Trade Commission (FTC) to “create and operate a bureau” tasked with protecting data privacy.

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Commentary: $28 Per Day Triggers IRS Surveillance Program

The entire Democrat multi-trillion dollar socialist spending scam is bad for Americans, and bad for our economy. One particular provision that is especially terrible is their “IRS Surveillance” program, which would grant the government access to spy on nearly every Americans’ bank accounts. Their bill wants to use $80 billion of taxpayer funds to hire 85,000 more bureaucrats, nearly doubling the size of the IRS, to go through individuals’ personal banking information.

President Biden, and his colleagues in Congress, must have realized how unpopular this policy was with the American people, so they decided to make some “changes.” They created the impression they were raising the threshold in transactions individuals would need to hit before triggering the IRS to spy on their personal banking accounts.

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Five Members of Sinema’s Veterans Advisory Board Resign over Opposition to $3.5 Trillion Spending Bill

Five members of Democratic Sen. Kyrsten Sinema’s Veterans Advisory Council resigned this week due to her ongoing opposition to several facets of her party’s $3.5 trillion social spending and climate change bill.

In a letter released publicly Thursday, the advisers criticized the Arizona senator for refusing to get completely behind President Biden’s multi-trillion dollar Build Back Better agenda. They also chastised her for consistently opposing the abolition of the filibuster, which would effectively allow Senate Democrats to pass measures without support from chamber Republicans.

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Tennessee Approves $884M in Funding, Creates Board for $6B Ford Project

The Tennessee Legislature finished its special session on Ford’s $5.6 billion electric truck project Wednesday by approving $884 million in spending and creating a Megasite Authority of West Tennessee board to oversee operations.

“This is the largest single economic investment in rural Tennessee’s history,” Gov. Bill Lee said. “… It is, most importantly, a win for western Tennessee’s workforce.”

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Democrat’s $3.5 Trillion Spending Bill Calls Mothers Both ‘Lactating,’ ‘Birthing’ Individuals

Democrats’ $3.5 trillion spending package refers to mothers as both “pregnant” and “lactating” individuals on 11 separate occasions.

Though the spending package specifically mentions the word “mother” three times and the word “maternal” 50 times, the spending bill avoids gendered language and refers to “pregnant, lactating, and postpartum individuals” on 11 other occasions when discussing maternal health conditions or concerns.

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U.S. Chamber of Commerce: Dems’ $3.5 Trillion Spending Bill ‘Existential Threat’ to Economy

Capitol building looking up, blue sky in background

One of the nation’s leading economic and business groups is warning that the $3.5 trillion spending bill before Congress is an “existential threat” to the nation’s economy.

The U.S. Chamber of Commerce has launched a six-figure television ad campaign targeting the proposed tax hikesin the measure that would be “taking more hard-earned money from small businesses and working families.”

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The Tennessee Star Washington Correspondent Neil McCabe on Wrong Way Milley Story and the Changing Mood of Democratic Congressmen

Wednesday morning on the Tennessee Star Report, host Michael Patrick Leahy welcomed The Tennessee Star’s Washington Correspondent Neil McCabe to the newsmakers line to weigh in on Wrong Way Milley and the mood in Congress.

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Study: Democrats’ $3.5 Trillion Spending Bill with Tax Increases Would Cause Economic Decline

House Democrats have unveiled a litany of new tax proposals to fund President Joe Biden’s $3.5 trillion federal spending bill, but a new report suggests the spending plan would shrink the economy.

The University of Pennsylvania’s business school, Penn Wharton, released a new budget model based on the Democrats’ plan that projects a major decrease in Gross Domestic Product (GDP) in the coming years if the plan were to pass.

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Senators Break Stalemate, Reach Deal on Capitol Police Funding Bill

US Capitol Police at The Supreme Court

Senators reached a bipartisan deal Tuesday on a $2.1 billion spending bill to fund the Capitol Police, National Guard, congressional security upgrades and resettlement of Afghans who risked their lives to help American troops.

The deal was brokered by Democratic Sen. Patrick Leahy of Vermont and Republican Sen. Richard Shelby of Alabama, the top members of the Senate Appropriations Committee. The two had been at odds for weeks over how big the bill should be, even as the Capitol Police and National Guard warned that they could run out of money in the coming weeks.

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GOP Unveils $1.4T Spending Bill Amid Post-Election Turmoil

Republicans controlling the Senate unveiled a government-wide, $1.4 trillion spending bill on Tuesday, a largely bipartisan measure that faces uncertain odds during this period of post-election tumult in Washington.

The GOP-drafted measure contains funding for President Donald Trump’s border wall and other provisions opposed by Democrats, but top leaders in both parties want to try to mount a drive to enact the unfinished spending bills — which, along with a separate COVID-19 relief effort and annual defense policy bill, represent the bulk of Capitol Hill’s unfinished business for the year.

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