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Joe Biden strengthens Obama s legacy while seeking his own
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Affordable Care Act: Biden strengthens Obama s legacy while seeking his own
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Posted Wednesday, April 7, 2021 5:12 pm
A conservative reader recently sent us a transcript of a monologue by liberal comedian Bill Maher, who hosts Real Time on HBO, and much of it rang true, particularly as it pertains to America and China and the race to “win” the 21st century.
As Maher points out, it’s a race between a serious country and a silly country. You can guess which is which.
“In two generations, China has built 500 entire cities from scratch, moved the majority of their huge population from poverty to the middle class, and mostly cornered the market in 5G and pharmaceuticals,” said Maher. “Oh, and they bought Africa,” he added, referencing China’s Silk Road infrastructure initiative which is using global investment to snap up markets and resources around the world. “In China alone, they have 40,000 kilometers of high-speed rail. America has none,” noted Maher. “We’ve been having Infrastructure Week every week since 2009 but w
Democrats have ripped the law, both then and now.
So with Democrats now in control of Washington, will they reverse it and reduce federal revenue by nearly $80 billion a year when President Joe Biden needs new revenue to fund his $2 trillion infrastructure plan?
The fight appears set to play out in Congress and statehouses across the nation.
Democratic governors and both House Speaker Nancy Pelosi and Senate Majority Leader Chuck Schumer, from high-tax California and New York, respectively, want the so-called SALT cap repealed.
But so far, Biden, who previously supported the repeal, has been more circumspect as he looks to raise corporate taxes to pay for his infrastructure plan.
SALT tax deduction: Democrats uncertain over ending federal cap
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