1.9 Trillion Reason the COVID 'Relief' Package Is a Disaster
Heritage Explains
Heritage Podcast Network
4.7 • 847 Ratings
🗓️ 15 March 2021
⏱️ 19 minutes
🧾️ Download transcript
Summary
This week the $1.9 trillion “American Rescue Plan” was passed. Yet only a paltry 9% (or less) of the stimulus will be spent on actual public health measures. Rather, it is a wish list of the left’s pet projects that has very little to do with reducing the spread of the virus. On this episode, Heritage Budget expert David Ditch breaks down the monstrous spending package, gives us insight as the where the money will actually go, and explains the disaster this is for the future of America.
Show Notes:
Joe Biden’s Coronavirus Stimulus Bill: A $1.9 Trillion Disaster
5 Reasons To Avoid Another Big COVID-19 Package
5 Charts Show Why Congress Must Stop Adding to National Debt
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Transcript
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| 0:00.0 | From the Heritage Foundation, I'm Tim Desher, and this is quiet right now. |
| 0:32.9 | Government-mandated closures and limitations on business have halted this once vibrant city to |
| 0:43.3 | Okay, maybe it's not that bad, but it's still very quiet. |
| 0:57.6 | In addition to the limitations brought on by COVID, |
| 1:02.6 | I'm sure you've seen the photos of razor wire fencing surrounding the Capitol building, |
| 1:06.5 | and of course the brave National Guard posted up. |
| 1:12.0 | It screams to the average citizen, stay out. |
| 1:18.2 | One place that isn't closed is Congress. |
| 1:25.9 | In fact, they're very much open and moving quickly to pass laws that have a massive impact on our nation. |
| 1:31.9 | This means we have several reasons to press in and continue to hold them accountable. |
| 1:38.2 | Most recently, we have 1.9 trillion reasons to hold them accountable. |
| 1:45.3 | We're on the verge of what could be a major economic boost in this country as President Biden prepares to sign the $1.9 trillion bill he's calling the American Rescue Plan. |
| 1:53.0 | If you look at this vote and you look at what is in this COVID bill that Abby just outlined |
| 1:58.6 | before, you understand this isn't transitional. This is transformational. |
| 2:03.6 | Mr. President, it's been a long day, a long night, a long year, but a new day has come. |
| 2:12.6 | And we tell the American people, help is on the way. I promised the American people, help is on the way. |
| 2:18.3 | I promised the American people that help was on the way. |
| 2:22.3 | Today, I can say we've taken one more giant step forward in delivering on that promise. |
| 2:28.3 | It help is on the way. |
| 2:30.3 | Help is on the way. |
| 2:36.1 | It's a good phrase, but it requires us to accept the premise that spending $1.9 trillion |
| 2:43.5 | will actually help the Americans that need help. |
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