Actually, $3.5 Trillion Is a Lot of Money

House speaker Nancy Pelosi (D., Calif.) and Senate majority leader Chuck Schumer (D., N.Y.) at the U.S. Capitol on July 28, 2021 (Elizabeth Frantz / Reuters)
And it’s not even the whole cost of congressional Democrats’ plans.

NRPLUS MEMBER ARTICLE O n Wednesday, Eric Levitz of New York Magazine took a bold stance in defense of President Biden’s massive American Families Plan (AFP): “$3.5 Trillion Is Not a Lot of Money.”

$3.5 trillion comes out to $27,247.74 for every household in the United States. When you add to that $3.5 trillion the $550 billion in new infrastructure spending Democrats have also proposed and the $1.9 trillion they already spent on COVID relief in January, the per-household cost rises to $46,321.17. The Congressional Research Service calculated in 2010 that the entire cost of the Second World War, in fiscal-year 2011 dollars, was $4.1

To Read the Full Story


The Latest

The Blake Masters Vision

The Blake Masters Vision

The Peter Thiel–backed candidate is running to disrupt, in his words, ‘decades of bipartisan failure.’ Can he help the GOP reclaim the Senate majority?