Sean Hannity criticized President Biden’s claims that his “Build Back Better” agenda would cost “zero dollars” Thursday on “Hannity,” noting how Americans would ultimately pay for the controversial plan.
“Joe, along with his socialist compadres, are now determined to pass two separate trillion dollar spending bills. The first is an infrastructure bill, that will cost $1.2 trillion. On top of that, there’s the second ‘Build Back better’ plan that’s a social welfare program that would run at $3.5 trillion. This money, Hannity stated, “is money that we don’t have, and won’t be able pay back.”
Biden promoted Saturday’s spending plan via Twitter. He claimed that his “Build back Better Agenda” costs nothing and would “add zero dollars the national debt.” “
Hannity said this was not accurate, listing the ways Democrats plan on paying for the massive plan.
Hannity said Democrats would “raise taxes on corporations,” who would then pass the cost on to the consumer, making goods and services more expensive.
“Everyone in America will feel the impact of these taxes,” said Hannity. It doesn’t matter whether you are wealthy or poor, middle-class, or somewhere else, the impact of these taxes will affect everyone. Businesses and corporations won’t be left behind. They won’t take any loss. You will pay the tax. These taxes will be paid by you. “
” The second method the federal government uses to raise funds is what they call “quantitative easing”. Hannity said. In other words, it will print money. Inflation is a result. This means that your salary is becoming less valuable.
Hannity noted that this would cause the prices of everything – from groceries to raw materials and rent – to go up. The Fed is working overtime to produce enough money to cover the emergency COVID relief expenditures of $6 trillion. And now inflation, thanks to Joe Biden’s horrific policies, is now at a 13-year-high,” he said.
Fed Chairman Jerome Powell said Wednesday that he expects inflation to remain high into 2022.
“That’s not enough for this radical Democratic Party,” Hannity warned. They won’t rest until all American businesses, corporations, and hardworking Americans are brought to their knees before big government. They demand that mother government provides all of the above, from the womb through the grave and the cradle until the grave.
“Housing, food, green energy, child care, medical care, family leave, guaranteed basic income, free college, free health care, even for illegal immigrants. This is what $3.5 trillion of ‘Build back Better’, what they call human infrastructure, is about. “
Hannity said in the end, these plans amounted to socialism.
“Socialism has been tried under many names, many forms, and everything is based on false promises that will never be fulfilled.” He said that this is because you have to look at the amount of freedom that you are willing to give up for false security.