{"id":525107,"date":"2021-05-19T10:07:19","date_gmt":"2021-05-19T14:07:19","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=525107"},"modified":"2021-05-19T10:07:20","modified_gmt":"2021-05-19T14:07:20","slug":"house-gop-to-put-forward-2022-budget-plan-suggests-it-could-eliminate-deficit-in-5-years","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/house-gop-to-put-forward-2022-budget-plan-suggests-it-could-eliminate-deficit-in-5-years\/","title":{"rendered":"House GOP to put forward 2022 budget plan, suggests it could eliminate deficit in 5 years"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"&quot;\"><div class=\"counts mashsbcount\">32<\/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%2Fhouse-gop-to-put-forward-2022-budget-plan-suggests-it-could-eliminate-deficit-in-5-years%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=525107&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--><div id=\"attachment_2409099\" class=\"wp-caption aligncenter\">\n<p id=\"caption-attachment-2409099\" class=\"wp-caption-text\">File \u2013 Rep. Jim Banks (R-Ind.) is pictured. (Tom Williams\/CQ Roll Call via AP Photos)<\/p>\n<\/div>\n<h5>OAN Newsroom<br \/>UPDATED 6:51 AM PT \u2013 Wednesday, May 19, 2021<\/h5>\n<p>House Republicans are expected to reveal their answer to Joe Biden\u2019s massive 2022 budget proposal. Those representatives are confident their proposal, set to be announced Wednesday, will balance the federal budget in five years and cut taxes by nearly $2 trillion.<\/p>\n<p>Rep. Jim Banks (R-Ind.), the head of the Republican Study Committee, said Democrats are \u201cintroducing socialism and radically expanding the role of government.\u201d He pointed out that in just a short amount of time, the U.S. is already seeing the negative effects of their agenda on the economy.<\/p>\n<p>Banks stated, \u201cit\u2019s time Republicans reclaim the mantle of fiscal responsibility and show voters an alternative vision for conservative governance.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Woke corporate America champions Democrat causes because they think they can protect themselves from regulation by championing leftist social causes. <a href=\"https:\/\/twitter.com\/ClaremontInst?ref_src=twsrc%5Etfw\">@ClaremontInst<\/a> <a href=\"https:\/\/t.co\/oSmfD6kVKO\">pic.twitter.com\/oSmfD6kVKO<\/a><\/p>\n<p>\u2014 Jim Banks (@RepJimBanks) <a href=\"https:\/\/twitter.com\/RepJimBanks\/status\/1394763446613430278?ref_src=twsrc%5Etfw\">May 18, 2021<\/a><\/p>\n<\/blockquote>\n<p>Meanwhile, Biden is trying to drum up support for his massive spending plan as part of his so-called <a href=\"https:\/\/www.whitehouse.gov\/build-back-better\/\">Build Back Better Plan<\/a>. On Tuesday, he touted the <a href=\"https:\/\/www.whitehouse.gov\/american-families-plan\/\">American Families Plan<\/a> and <a href=\"https:\/\/www.whitehouse.gov\/american-jobs-plan\/\">American Jobs Plan<\/a> during a visit to a Ford electric car facility in Michigan.<\/p>\n<p>Biden claimed the infrastructure plan will incentivize the production of electric cars and create new union jobs. However, the proposal allocates most of the money to progressive agenda items like the Green New Deal, which will kill millions of existing jobs.<\/p>\n<p>His second component consists of tax cuts and credits to expand the welfare state. These proposals, totaling around $4 trillion, will come at a huge cost to the federal budget and the national debt.<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">America doesn&#8217;t need Biden&#8217;s spending sprees while inflation is on the rise. It needs a stronger economy that helps Americans get back on their feet. <a href=\"https:\/\/t.co\/1j5ZvqDFBP\">pic.twitter.com\/1j5ZvqDFBP<\/a><\/p>\n<p>\u2014 Stand For America (@standamericanow) <a href=\"https:\/\/twitter.com\/standamericanow\/status\/1392970254297485316?ref_src=twsrc%5Etfw\">May 13, 2021<\/a><\/p>\n<\/blockquote>\n<p>Republicans are expected to unveil their counter proposal this week as Biden will likely not gain bipartisan support on Capitol Hill. However, the White House has said it would move forward with its own spending plans either way. This signals the possibility of yet another executive order.<\/p>\n<h4>MORE NEWS:&nbsp;<a href=\"https:\/\/www.oann.com\/senators-push-bipartisan-military-sexual-assault-bill\/\">Senators Push Bipartisan Military Sexual Assault Bill<\/a><\/h4>\n","protected":false},"excerpt":{"rendered":"<p>File \u2013 Rep. Jim Banks (R-Ind.) is pictured. (Tom Williams\/CQ Roll Call via AP Photos) OAN NewsroomUPDATED 6:51 AM PT \u2013 Wednesday, May 19, 2021 House Republicans are expected to &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2278533,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-525107","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\/525107","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=525107"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/525107\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2278533"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=525107"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=525107"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=525107"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}