Biden’s Major Stimulus Plan Fails to Pass
12/19/2021 AD defeated
Sen Joe Manchin of West Virginia said he couldn’t support this stimulus plan.
On the one had, there would be no support to fight global warming and no support for a lot of the initiatives that the majority of the county voted for in Biden.
On the other hand, there would be no new tax hikes and no increase in the IRS budget to enforce the new taxes and we wouldn’t have a potential increase in the deficit of $6 trillion. But that would help anyone who can get out of the US dollar and into alternative investments.
The stock market had an immediate negative reaction, but immediately recovers probably because of the low corporate taxes and the idea of Trumps tax reduction plan staying in place.
Lattitude: 38.9072° N
Longitude: 77.0369° W
Region: North America
Modern Day United States
Subjects Who or What defeated?
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Joe Biden (Joseph Robinette Biden Jr.) 46th President of ...
Events in 2021 MORE
