{"id":462521,"date":"2021-04-30T08:43:34","date_gmt":"2021-04-30T12:43:34","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=462521"},"modified":"2021-04-30T09:19:10","modified_gmt":"2021-04-30T13:19:10","slug":"biden-tries-to-rally-support-in-georgia-for-4-trillion-in-spending-plans-paid-for-by-tax-hikes","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/biden-tries-to-rally-support-in-georgia-for-4-trillion-in-spending-plans-paid-for-by-tax-hikes\/","title":{"rendered":"Biden Tries to Rally Support in Georgia for $4 Trillion In Spending Plans, Paid for By Tax Hikes"},"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\">36<\/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%2Fbiden-tries-to-rally-support-in-georgia-for-4-trillion-in-spending-plans-paid-for-by-tax-hikes%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=462521&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--><p>President <a href=\"https:\/\/www.theepochtimes.com\/t-joe-biden\">Joe Biden<\/a> spoke at a drive-in rally in Georgia on Thursday, seeking to build public support for $4 trillion in new <a href=\"https:\/\/www.theepochtimes.com\/t-spending\">spending<\/a> on infrastructure and a vast expansion of the federal social safety net, to be paid for chiefly by <a href=\"https:\/\/www.theepochtimes.com\/t-tax\">tax<\/a> hikes on corporations and wealthy Americans.<\/p>\n<p>Moments after Biden took to the stage at the Infinite Energy Center in Duluth, a suburb of Atlanta, he was interrupted by protesters calling for an end to private prisons, chanting, \u201cend detention now!\u201d<\/p>\n<p>Biden acknowledged the demonstrators, saying, \u201cI agree with you,\u201d to which the protesters responded with cheers. \u201cThere should be no private prisons, period,\u201d Biden added. \u201cThey should not exist and we are working to close all of them.\u201d<\/p>\n<p>Speaking on the 100th day after taking office, Biden touted his administration\u2019s response to the COVID-19 outbreak, including on the distribution of vaccines and relief checks that were part of the $1.9 trillion American Rescue Plan. Biden then pitched\u00a0his proposed\u00a0$2.3 trillion\u00a0American Jobs Plan\u00a0and newly unveiled $1.8 trillion American Families Plan, calling them \u201conce-in-a-generation\u201d investments and pressing his contention that the plans would rebuild the nation\u2019s crumbling infrastructure, restore the millions of jobs lost amid the pandemic, and help families with education, and health and child care.<\/p>\n<p>\u201cWe need to invest in things our families care about and need the most,\u201d Biden told the crowd in Duluth, vowing to put corporations and wealthy Americans on the hook for the tab.<\/p>\n<figure id=\"attachment_3797373\" class=\"wp-caption alignnone\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-462524\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197.jpeg\" alt=\"\" width=\"1200\" height=\"800\"  style=\"display:none\" srcset=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197.jpeg 1200w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197-300x200.jpeg 300w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197-1024x683.jpeg 1024w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197-768x512.jpeg 768w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197-922x615.jpeg 922w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197-675x450.jpeg 675w, https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197-480x320.jpeg 480w\" sizes=\"auto, (max-width: 1200px) 100vw, 1200px\" \/><figcaption class=\"wp-caption-text\"><noscript><img loading=\"lazy\" decoding=\"async\" class=\"size-large wp-image-3797373\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197.jpeg\" alt=\"Epoch Times Photo\" width=\"640\" height=\"427\" \/><\/noscript>President Joe Biden speaks during a rally in Duluth, Ga., on April 29, 2021. (AP Photo\/Evan Vucci)<\/figcaption><\/figure>\n<p>\u201cIt\u2019s about time the very wealthy and corporations start paying their fair share,\u201d Biden said. \u201cI\u2019m not going to bore you with the details, but no one making under $400,000 a year is going to pay a single additional penny in tax,\u201d Biden said.<\/p>\n<p>Biden plans to pay for his proposals by hiking the corporate tax rate and changing provisions that let multinational companies reduce their tax burden by investing offshore and shifting profits. He also plans to raise the top income and capital gains tax rates, changing the taxation of wealthy estates and ramping up IRS enforcement to cut down on tax evasion.<\/p>\n<p>Both spending proposals have drawn sharply critical reactions from Republicans\u2014and more muted criticism from some Democrats\u2014for their lofty price tags. If adopted in their current form, the proposals would, along with the American Rescue Plan, bring the Biden administration\u2019s early-term spending to a massive $6 trillion.<\/p>\n<p>Sen. Mitt Romney (R-Utah), known for his willingness to work across the aisle, took aim at the spending level in an April 29 tweet: \u201cIn his first 100 days, the President has proposed $6 trillion in new spending\u2014about 4x our total federal budget!\u201d Romney argued that the sky-high spending would saddle future generations with decades of interest costs and jeopardize their future.<\/p>\n<p>Biden\u2019s proposals also represent a dramatic shift from the kind of politics that seek to contain government.<\/p>\n<p>Sen. Roy Blunt (R-Mo.), a member of the Republican leadership, called Biden \u201cwell-intentioned,\u201d but added that \u201cthe proposals he made are overwhelming in terms of a new footprint for the government, and a new level of government spending.\u201d<\/p>\n<p>Critical reactions on the part of some Democrats, though far more muted than Republicans, suggest Biden\u2019s push for $4 trillion in new federal spending is a major gamble.<\/p>\n<p>Sen. Joe Manchin (D-W.Va.), who holds a key swing vote in the evenly-split Senate, said on April 28 that he\u2019s \u201cvery uncomfortable\u201d with the overall cost of Biden\u2019s proposals,\u00a0citing concerns about public debt.<\/p>\n<p>\u201cA lot of money\u2014that makes you very uncomfortable, you\u2019re going to find how you\u2019re going to pay for it, you know?\u201d Manchin told a CNN reporter on Capitol Hill.<\/p>\n<p>\u201cI don\u2019t know how much more debt\u2014we\u2019re $28.2 trillion now in debt. There\u2019s a balance to be had and we got to work that out,\u201d he added.<\/p>\n<p>Biden is scheduled to travel to Pennsylvania and Virginia in the days ahead to promote his spending and tax plans.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden spoke at a drive-in rally in Georgia on Thursday, seeking to build public support for $4 trillion in new spending on infrastructure and a vast expansion of &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2277068,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197.jpeg","fifu_image_alt":"Biden Tries to Rally Support in Georgia for $4 Trillion In Spending Plans, Paid for By Tax Hikes","footnotes":""},"categories":[],"tags":[],"class_list":["post-462521","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"fifu_image_url":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/04\/fb_image-4197.jpeg","fifu_image_alt":"Biden Tries to Rally Support in Georgia for $4 Trillion In Spending Plans, Paid for By Tax Hikes","_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/462521","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\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=462521"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/462521\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2277068"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=462521"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=462521"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=462521"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}