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The Swamp’s Tax Deal Estimated To Add $1.5 Trillion To National Debt, Richard Stern Reveals

Editor3 by Editor3
January 31, 2024
in Economy & Finance, Highlight, SHOW NOTES
Reading Time: 1 min read
Home Economy & Finance

Richard Stern who serves as Director of the Grover M. Hermann Center for the Federal Budget at The Heritage Foundation joins Steve Bannon’s WarRoom to breakdown the Speaker Johnson tax deal. As Democrats try to push $60 billion in funding for Ukraine strategic military failures continue to expose the grift off of the American people. Stern explains how most of the money goes to U.S. defense contractors rather than Ukraine. The child tax credit is a fig leaf for what Bannon calls "the most direct payoff of Biden’s constituents” that we’ve seen so far. The credit is being presented as a redirect of covid stimulus money but that real numbers reveal that it could add up to $1.5 trillion to the debt.

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