Former Secretary of State Mike Pompeo on Saturday described President Biden’s budget proposal as a “smorgasbord of left-wing activities” – the costs of which, he warned, would be inflicted on future generations.
“It sounds like an assortment of left-wing activities that they want to endorse on American taxpayers and, make no mistake, at the end of the middle class hard-working Americans will be taxed to pay for this,” he said. he said on “Fox and Friends.”
BIDEN PROPOSES A $ 6T BUDGET THAT KEEPING DEFICITS NEAR RECORDS
The White House on Friday unveiled the huge budget request of $ 6 trillion for fiscal 2022, which will add to the already inflated debt. It bundles the $ 2.3 trillion eight-year U.S. plan for jobs and the $ 1.8 trillion U.S. plan for families and incorporates them into Biden’s $ 1.5 trillion demand for families. annual operating expenses, which includes the Pentagon and other federal agencies.
The proposal will take public debt levels to the highest levels since World War II in 2024 and push the deficit to $ 1.8 trillion in 2022 and steadily exceed $ 1.3 trillion over the next year. decade, despite nearly $ 3 trillion in proposed tax increases. .
Pompeo pointed to inclusions such as more than $ 800 million to Central American countries – as part of a potential $ 4 billion strategy to target the “root causes” of the influx of migrants that led to a crisis at the southern border.
WHAT IS IN BIDEN’S 2.25 T INFRASTRUCTURE AND TAX PLAN?
“This money is going to Central America, I don’t know exactly why they labeled it, but we know the border crisis will not be solved by throwing money into the countries of Central America – that will be all. just the case “doesn’t work,” he said.
It also includes $ 2.1 billion to fight gun violence, $ 110 million for “transport equity” and $ 36 billion in climate investments. Pompeo said he knew he would foot the bill for the massive spending project.
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“It looks like he wants to spend my kids, and I hope someday I will have grandchildren, their money too,” he said. “It’s a huge budget that will leave a huge burden on the next generation.”
“It is European social protection bordering on socialism,” he added.
Megan Henney of Fox News contributed to this report.
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