Dear friends,
Today I’m sharing the information below. I urge you to take action and contact your Senators right away. Please also share as you deem appropriate. The full text of this bill should be available soon; however, this list comes directly from the White House.
On top of all the previous poor and harmful decisions the current Congress has thrust upon Americans, this is adding insult to injury - ‘on steroids’. In addition to the financial burden on Americans and increasing the $30 trillion plus debt, another serious consideration is that it adds ‘social programs’, another step into government control and away from We the People.
Biden’s latest spending plan is being marketed as “Build Back Better” or “BBB” for short.
I want to share with you what is really in this TRILLION-dollar tax and spending bill, and why Democrats are so desperate to pass it before a big election.
In the midst of a recession and 40-year high inflation, what Pelosi, Schumer and the spending-addicted Democrats are trying to pass is completely irresponsible.
Biden’s spending plan will harm the working class even more by increasing health care costs for Americans with private insurance. This bill has an estimated $739 BILLION in new taxes and $433 BILLION in increased spending.
The new taxes and increased spending will further fuel inflation, and increase the cost for basic necessities that we all need—food, housing, and gas. And then there’s the new taxes…
Help take action >>> Call and write your Senators and Representatives to oppose Biden’s TRILLION-dollar tax and spending bill.
With enough calls, we can stop this bill—we’ve already done it TWICE before! That’s right, over the past year, concerned Americans have already stopped TWO previous versions of this bill. If everyone reading this email calls today, our voices will be heard.
Here’s how the latest version of Biden’s “Build Back Better” will harm America:
It wastes tax dollars to prop up the failed Obamacare system – As part of the Democrats’ reckless multi-trillion dollar COVID spending, Congress spent billions to prop up Obamacare with subsidies. These subsidies are set to expire in October and Americans will see the true cost of Obamacare. Biden wants to keep spending to prop up Obamacare so voters don’t learn about his failed policy right before the midterm elections.
It imposes Soviet-style price-controls which will reduce new research – BBB gives the federal government power to dictate prices it will pay for certain prescription drugs purchased through Medicare. This will lead businesses to decrease their research and investment in new medicines. In 1986, European firms led the U.S. in spending on pharmaceutical research and development by 24%. But after the imposition of price control regimes, they fell behind. By 2015, they lagged the U.S. by 40%. We can’t let the same thing happen in America!
It raises healthcare costs for the 82% of Americans not on Medicare – Because of government price controls on prescription drugs, costs will be shifted onto other products and to customers in the private market. Congress is legislating a sweetheart deal for the U.S. government that will be paid for by the 82% of Americans not covered by Medicare. BBB’s end result: costs for prescription medications will skyrocket!
It raises taxes by $739 BILLION – Ultimately, consumers are the ones who end up footing the bill for tax increases. Taxes are passed along in the cost of goods and services we pay for—higher taxes means higher prices! Make no mistake—working Americans will foot the bill. And what for? Biden wants these new taxes to pay for green energy projects—more government grants and contracts for D.C. special-interests.
BBB spends too much and fuels inflation – Inflation is already 9.1% and it’s even higher for essential goods. Food is up 10%, rent is up 15%, and gas is up 60%! A TRILLION dollars of new taxes and spending will fuel inflation and kill the American Dream.
That’s FIVE reasons to oppose this bill.
Please, take a minute and call your elected representatives. They need to hear from you!
Biden’s policies have failed America and we’re all feeling the effects. And with this bill, Biden is trying to sneak one last disastrous spending bill through before his party loses control of Congress.
Congress should firmly reject Biden’s latest tax and spending bill. It is bad policy and it will make life harder for Americans.
Spread the word, and make your voice heard. Thank you for taking action.
P.S. – MULTIPLY your voice by forwarding this email to others who are concerned. Congress needs to hear from everyone who is opposed to Biden’s spending and inflation.
Until next time…
Please share your thoughts in the comments. Or email me, and let’s have a problem-solving conversation. I welcome ‘letters to the editor’ type emails and may publish yours. I hope we can create a caucus with positive, back-to-the-founders’-dream-for-America results. Have a topic you want to know more about?
Some housekeeping…
Going forward, you may need to check your spam folder. And please mark this address as ‘not spam.’ If the newsletter isn’t in your spam folder either, you should look in the Promotions tab.
You can always see everything on the website, https://ellenleyrer.substack.com.
Thanks again for reading! I’m glad you’re here!