Politics

Biden Admits Defeat, Republicans Win On Budget Bill

A major Republican victory.

Image Credit: Shutterstock

In a stunning crash of policy and politics, Joe Biden has lost on his budget bill as his poll numbers continue to plummet. The Republicans handed him a thrashing less than a year into his term. They were mightily aided by moderate Democrat Senators Manchin and Sinema. Joe Biden admits his defeat and pathetically tries to spin it in his words below.

FNC: “President Biden on Friday maintained that his spending bill would not add to the deficit and said it likely would not reach $3.5 trillion this year, as moderate and progressive Democrats continue to debate a price tag for the package. But he pledged to continue to push for more spending, saying, ‘we’re going to keep coming because the more we demonstrate it works, the more we can do.’

Biden, during a visit to Connecticut Friday, touted the $1 trillion bipartisan infrastructure bill, and the $3.5 trillion spending plan awaiting approval in Congress, saying they are ‘about strengthening the economy for decades to come.’ Congressional Democrats are targeting the end of October to pass an infrastructure package and reconciliation. That timeline could slip into November or beyond amid the ongoing clashes between moderate and progressive Democrats on the size of the the president’s $3.5 trillion spending plan.”

“Both of these bills spend out over 10 years, take the infrastructure, build all those investments and roads, bridges, highways, high-speed internet, water, clean water, everything represents less than one half of one percent of our economy each year,” Biden said. “If you add it all up, and the cost of the bill … in terms of adding to the deficit, is zero…we’re probably not going to get $3.5 trillion this year, we’re going to get something less than that…But I’m going to negotiate,” he said. “I’m going to get it done with the grace of God…big corporations and the very wealthy will start paying their fair share,” he added.

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Biden concluded, “Let me be clear, nobody — and since I got elected when I was campaigning — nobody, who makes under $400,000 a year, which is a lot of money, will see their taxes go up one single penny. Nobody, not one…There’s no reason why, as I said, billionaires should pay a lower tax rate, literally a lower tax rate than a school teacher and a firefighter. I don’t think we should punish anybody, but just pay your fair share. Just pay your fair share.”  Sad, but hilarious and the very lying agitprop that doomed his socialist budget.

This piece was written by David Kamioner on October 18, 2021. It originally appeared in DrewBerquist.com and is used by permission.

The opinions expressed by contributors and/or content partners are their own and do not necessarily reflect the views of LifeZette.

meet the author

Drew Berquist is a former counterterrorism officer, national security commentator, author, realist and host of This Is My Show with Drew Berquist.

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Stephen Russell
Stephen Russell
1 month ago

Finally now can GOP do More than OK

CARL
CARL
1 month ago

We’re going to improve the economy. But first, let’s destroy it!”

jan
jan
1 month ago
Reply to  CARL

absolutly right Carl Gas prices over 3 dollars a gallon, food prices up, inflation is thru the roof, Isis bombing in spite of Biden saying its all under control. I sasy lets send Biden and Harris to afganistan so they can see with their own eyes whats going on. Our economy is going to hell in a handbasket thanks to the Democratics

Mary
Mary
1 month ago
Reply to  jan

Prices could get higher next year, with the Cost of Living increase. 5.6 % starting in Jan. Every company and service will want to get their fingers into the Americans cookie jar. You will not even realize you got an increase in the first place. Democrats will like it, because people will be paying more in taxes. Some people on SS will be put in a bracket where they will now be paying taxes on their SS. Small business’ will not be able to survive paying such an increase to workers.

Fred LeMaster
Fred LeMaster
1 month ago

Say Mr. Biden, sir, the reason why your approval rating is so low, it is all because The Right Side Of The US Political Equation Does NOT Want Your Side Of The US Political Equation To Bankrupt us “We The Legal Citizens/People And Legal Immigrants Of The USA! Don’t You Of All People Truly Have Known That Every Single Illegal Alien Inside The USA’s Boundaries Are The So-Called People Who Are The Other Equation That Are Doing All Of The ILLEGAL SPONGING Off Of A Majority Of We The Legal Citizens/People And Legal Immigrants Of The USA’s Hard Earned Tax $$$$$Tax Dollars! WAKE UP There In The US White House, Yes, You Have To Start And Never STOP Following The Whole US Constitution To The Letter, Word/Wird/Werd/Wurd And All Of The Time, Before The USA Becomes The Untied States Of America = YOUR = LEFT SIDE OF THE US POLITICAL EQUATION, WITH ALL OF BEING COMPROMISED BY CHINA AND RUSSIA AND THAT COUNTRY THAT SUPPORTS THOSE EXTREMELY RADICALIZED TERRORISTIC ORGANIZATIONS CALLED AL QAEDA AND THE TALIBAN AND ISIS/ISIL/DAESH TOO!!!

Mary
Mary
1 month ago
Reply to  Fred LeMaster

I read that they want to bring in Obama to save Joe. How stupid is this, when Obama has been pulling the puppet strings so far.

CITIZEN
CITIZEN
1 month ago

To quote biden (on almost anything he says “I’m going to get it done with the grace of God”) why is he using a religion belief if he so against a living being with a heartbeat being killed on the whim of one half of those responsible for the living being having a heartbeat. Does his religion allows this or does he just uses it without any real belief of what he is saying.
I am agnostic so what he said has no bearing on me personally but it should have some impact on believers.

Mary
Mary
1 month ago
Reply to  CITIZEN

Yes, and I also have not heard him say yet, God Bless America. He ends any speech with God Bless you and God Bless our troops but never blesses America.

Tom Tucker
Tom Tucker
1 month ago

Keynesian economics, the economic god of the democrat party, was debunked a century ago, yet the democrats keep insisting it’s the end all of economic theory, thus their big spending sprees. That’s how stupid democrats are. Like Einstein said, they keep doing the same thing over and over again while expecting a different result. That’s the definition if insanity, which perfectly fits democrats.

Peted
Peted
1 month ago

Americans do not trust and do not believe President Surrender Monkey aka Joe Biden!

Chere' High Robles
Chere' High Robles
1 month ago
Reply to  Peted

Yep – he lies continually – Any small business that he raises corporate taxes on is automatically paying more taxes and many small business dont make $400,000 – then he removes the 20% pass through so that is now taxed also – Lies continually

MikeyParks
MikeyParks (@mikeyparks)
1 month ago

Correction: whenever Biden loses, AMERICA wins.

Ima Enyurphase
Ima Enyurphase
1 month ago

When is Joe and Hunter going to “Pay their fair share”?

Gypsy Rose
Gypsy Rose
1 month ago

I’m middle class, $55,000 this year. My tax due right now, if today was 15 April 2022 would be $3800. We still have two months. I’m sure it will increase by another 1000 the way the government spends money we don’t have a chance to save for the future.

Brad Bartilson
Brad Bartilson
1 month ago

Lack of transparency, and in truth, outright deception of what’s in the reconciliation bill, is cause for mistrust, division, no respect.

Mary
Mary
1 month ago

A bigger battle between Democrats will be that is the Bill gets a price cut, what gets cut out of it. Big fights coming, just watch. Some people will be crying, hope it is Nancy and the Squad.

Jim Rudd
Jim Rudd
1 month ago

Senators Sinema and Manchin, stay strong in your beliefs you are correct. No more money needs to be spent by Biden’s administration.

Preston
Preston
1 month ago

Biden is the biggest Conman around. In the bill he wants to hire 80000 new IRS employees. Average wage of an IRS employee is 72000. A year. That’s over 6000000. A year!! Then throw in the cost of office space, computers, tech support along with office supplies…he needs to be impeached immediately along with Harris and Pelosi. These Communist Democrats are True a clear and present danger to our Republic.

Purpledog
Purpledog
1 month ago

Americans making less than 400 thousand are already paying more. Mitre for fuel and home heating. More for groceries, more if they want to do anything. You’ve already killed us Joe the little guy the one you keep saying your protecting. Nancy Pelosi she made 315 million last year on her stocks is she going to pay more? Bernie Sanders who is a million air and owns 3 or 4 houses is he going to pay more? How about you joe your a millionaire you and Hunter are you two going to pay more? Oh that right you just went out to dinner MASKLESS the other night and spent more on your dinner than I can spend feeding my family for a week or two. How are you helping the middle guy Joe? Your not none of your policy deals is helping the middle. Your a disgrace to the people of the United States.

Rick in NH
Rick in NH
1 month ago

Let’s be clear and honest about the president. He is absolutely ultimately responsible for what has happened in Afghanistan. As to the rest of the disastrous decisions made so far on his term everyone should be crystal clear on this. Every decision was intentional and designed to continue Barack Obama‘a “fundamental change” in America. The open border and millions of unvaccinated illegals being distributing around the country? Intentional. Oil at $83 dollars per barrel and our returning to energy dependence on the Arab nations? Intentional. China preparing to take over Taiwan? Intentional. This administration is guilty of selling out America to the “new world order” and communism. They have done literally everything that they accused President Trump of doing and they are aided by the media.

BHR
BHR
1 month ago

Some people, may not pay more taxes but the people who earn less than 400 thousand will have to pay more for what ever they buy. Inflation will even go higher.

Ali
Ali
1 month ago

Awesome article, I just shared it on RightOnly.net the private social platform for Trump supporters only.

Charles Garrison
Charles Garrison
1 month ago

every thing this administration has touched has turned out badly for the american people impeach Biden and remove all demos from office

Jerry
Jerry
1 month ago

Both bills are full of pork that has nothing to do with the bills titles. How both are not thrown out shows neither side is honest. When will people wake up to the fact that both parties have put this country where we all are today? It’s really no different than most people believe covid is real, “woke”, CRT and BLM. In God’s eyes and mine, all lives matter.

Orion
Orion
1 month ago

This guy is an economy idiot. Everything is already going up and therefore the people that are being affected the most are those that can least afford it. He is selling the US to China a trillion at a shot. He needs to stop spending us into oblivion.

The democrats that voted for him should take a look at what’s happening and go take a basic math/economics class. The federal government screwed up the housing market with their GSEs and loose lending regulations and are now about to break off the shift in our behinds. “Wake up”!!

Mary Chapman
Mary Chapman
25 days ago

For some reason I don’t believe him. WHY? Because he also lied about the covid vaccines saying they would never force anyone to get them. Yet it’s exactly what they’re doing right now. I also don’t believe they won’t force parents to get their children vaccinated either. They have started it out almost word for word like they did the adult vaccinations. “We won’t make anyone get them”
And that infrastructure bill wasn’t just about roads and bridges either. It was about snooping into peoples bank account. Everyone’s!!! Not just the wealthy!!!! About anything over $400