{"id":1409343,"date":"2022-03-30T08:15:54","date_gmt":"2022-03-30T12:15:54","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1409343"},"modified":"2022-03-30T08:15:59","modified_gmt":"2022-03-30T12:15:59","slug":"budget-watchdog-bidens-5-8-trillion-budget-divorced-from-reality","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/budget-watchdog-bidens-5-8-trillion-budget-divorced-from-reality\/","title":{"rendered":"Budget Watchdog: Biden\u2019s $5.8 Trillion Budget \u201cDivorced From Reality\u201d"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">18<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fbudget-watchdog-bidens-5-8-trillion-budget-divorced-from-reality%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=1409343&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47-->\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Committee for a Responsible Federal Budget President Maya MacGuineas argues that Biden\u2019s budget proposal isn\u2019t a \u2018real plan\u2019 to achieve deficit reduction.<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<p>Committee for a Responsible Federal Budget President Maya MacGuineas argued on <a href=\"https:\/\/www.foxbusiness.com\/shows\/mornings-with-maria\" target=\"_blank\" rel=\"noopener\">&#8220;Mornings with Maria,&#8221;<\/a> Tuesday that <a href=\"https:\/\/www.foxbusiness.com\/category\/joe-biden\" target=\"_blank\" rel=\"noopener\">Biden\u2019s $5.8 trillion budget proposal<\/a> is a &#8220;divorce from reality&#8221; and isn\u2019t a &#8220;real plan&#8221; to achieve <a href=\"https:\/\/www.foxbusiness.com\/money\" target=\"_blank\" rel=\"noopener\">deficit reduction.<\/a><\/p>\n<p><a href=\"https:\/\/www.foxbusiness.com\/politics\/biden-tax-hike-budget-request\" target=\"_blank\" rel=\"noopener\"><strong>BIDEN PITCHES LARGEST TAX HIKE IN HISTORY AS PART OF $5.8T BUDGET REQUEST<\/strong><\/a><\/p>\n<p>MAYA MACGUINEAS: <i>All of [Biden\u2019s] economic assumptions are massively outdated, meaning they don&#8217;t reflect the high levels of inflation. The budget was already seven weeks late. I don&#8217;t know why they didn&#8217;t update the economic numbers, but that already means it&#8217;s built on a foundation that&#8217;s not realistic. Beyond that, when it comes to his main agenda, Build Back Better, that they&#8217;re still trying to figure out, it&#8217;s not included in the budget.\u00a0<\/i><\/p>\n<p><i>\u2026<\/i><\/p>\n<div class=\"inline image-ct\">\n<div class=\"m\"><source media=\"(max-width: 767px)\" \/><source media=\"(min-width: 768px) and (max-width: 1023px)\" \/><source media=\"(min-width: 1024px) and (max-width: 1279px)\" \/><source media=\"(min-width: 1280px)\" \/><img decoding=\"async\" src=\"https:\/\/a57.foxnews.com\/static.foxbusiness.com\/foxbusiness.com\/content\/uploads\/2022\/03\/931\/523\/AP22078768947732.jpg?ve=1&#038;tl=1\" alt=\"image\" \/><\/div>\n<div class=\"caption\">\n<p><span>\u00a0(AP Photo\/Patrick Semansky, File)<\/span><\/p>\n<\/div>\n<\/div>\n<p><i>It&#8217;s a placeholder, and that means the biggest items that they&#8217;re pushing on the spending side, which was trillions of dollars for climate\u2026 other things are not included and the revenues that are supposed to be financing that are not in there, even though that would be even more tax increases\u2026 at this point, the budget becomes divorced from reality because the big things they will be focusing on are \u2018can they come up on a deal on whatever Build Back Better may or may not turn into\u2019 not included in the budget.<\/i><\/p>\n<p><strong>WATCH THE FULL INTERVIEW BELOW:\u00a0<\/strong><\/p>\n<div class=\"featured featured-video video-ct\">\n<div class=\"contain\">\n<div class=\"info\">\n<div class=\"caption\">\n<p>Committee for a Responsible Federal Budget President Maya MacGuineas provides insight into Biden\u2019s budget proposal.\u00a0<\/p>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Committee for a Responsible Federal Budget President Maya MacGuineas argues that Biden\u2019s budget proposal isn\u2019t a \u2018real plan\u2019 to achieve deficit reduction. Committee for a Responsible Federal<\/p>\n","protected":false},"author":498,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-1409343","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1409343","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/498"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=1409343"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/1409343\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=1409343"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=1409343"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=1409343"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}