Economy

THAT’S THE PLAN? Elizabeth Warren on Massive Gov Spending, ‘The Money is Out There’

posted by Hannity Staff - 10.01.21

Senator Elizabeth Warren doubled-down on her far-left demands this week when she flat-out insisted “the money is out there” to finance trillions on new spending proposals like free childcare, college tuition, and more.

“We don’t need to pinch pennies on investing in a future for all of our kids. The money is out there. With a #WealthTax on fortunes above $50 million, a #RealCorporateProfitsTax, and a crackdown on wealthy tax cheats, we’d raise about $6 trillion from a thin slice at the top,” posted Warren on Twitter.

 

Democratic Senator Joe Manchin released a scathing statement Wednesday night on his party’s $3.5 trillion ‘Build Back Better’ plan, asking fellow legislators “how much is enough?” after spending $5.4 trillion since last March.

“Respectfully, as I have said for months, I can’t support $3.5 trillion more in spending when we have already spent $5.4 trillion since last March. At some point, all of us, regardless of party must ask the simple question – how much is enough?” posted Manchin on his Senate website.

“What I have made clear to the President and Democratic leaders is that spending trillions more on new and expanded government programs, when we can’t even pay for the essential social programs, like Social Security and Medicare, is the definition of fiscal insanity. Suggesting that spending trillions more will not have an impact on inflation ignores the everyday reality that America’s families continue pay an unavoidable inflation tax. Proposing a historic expansion of social programs while ignoring the fact we are not in a recession and that millions of jobs remain open will only feed a dysfunction that could weaken our economic recovery. This is the shared reality we all now face, and it is this reality that must shape the future decisions that we, as elected leaders, must make,” he wrote.

“If there is one final lesson that will continue to guide me in this difficult debate ahead it is this: America is a great nation but great nations throughout history have been weakened by careless spending and bad policies. Now, more than ever, we must work together to avoid these fatal mistakes so that we may fulfill our greatest responsibility as elected leaders and pass on a better America to the next generation,” he concluded.

Read Manchin’s full statement here.

A PLAN FOR THAT? Elizabeth Warren Unveils $1 TRILLION Plan to Fight ‘Environmental Racism’

posted by Hannity Staff - 10.10.19

Democratic frontrunner Elizabeth Warren unveiled her latest policy proposal regarding climate change this week; calling for $1.5 trillion in new spending to combat “environmental racism.”

“In 1987, the United Church of Christ’s Commission on Racial Justice commissioned one of the first studies on hazardous waste in communities of color. A few years later –  28 years ago this month – delegates to the First National People of Color Environmental Leadership Summit adopted 17 principles of environmental justice. But in the years since, the federal government has largely failed to live up to the vision these trailblazing leaders outlined, and to its responsibilities to the communities they represent,” writes Warren.

“From predominantly black neighborhoods in Detroit to Navajo communities in the southwest to Louisiana’s Cancer Alley, industrial pollution has been concentrated in low-income communities for decades,” she adds. “The Green New Deal will involve deploying trillions of dollars to transform the way we source and use energy. In doing so, the government must prioritize resources to support vulnerable communities and remediate historic injustices.”

Read Warren’s full plan here.

ADD IT TO THE LIST: Warren Says Pandemic Response Must Include ‘Free Child Care, Pre-K, Paid Leave’

posted by Hannity Staff - 2.02.21

Senator Elizabeth Warren doubled-down on her calls to expand America’s massive entitlement system this week; saying any response to the CoVID pandemic should include universal child care, pre-k education, and paid leave.

“Make no mistake: This pandemic has set women back, with lifetime consequences. We need big, structural change to tackle this crisis head on—like universal child care, universal pre-k, and paid leave,” posted Warren on Twitter.

President Biden has already pledged to spend upwards of $4 trillion in his first days in office on a series of issues including CoVID, immigration, and the environment.

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