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Ron Paul Liberty Report

Weekly Update --- Biden’s Big Government Centrism

Ron Paul Liberty Report

Ron Paul Liberty Report

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4.92.3K Ratings

🗓️ 8 April 2022

⏱️ 5 minutes

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Summary

Weekly Update --- Biden’s Big Government Centrism by Ron Paul Liberty Report

Transcript

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0:00.0

Hello everybody and thank you for tuning into the weekly report.

0:09.2

Biden's big government centrist of President Biden's 5.8 trillion dollars fiscal year

0:15.7

2023 budget increases discretionary spending to 1.6 trillion dollars.

0:24.6

The remaining $4.2 trillion of spending consists of mandatory spending, including on social

0:32.8

security, Medicare, and interest on the national debt.

0:36.8

The discretionary spending is divided between $813 billion for defense and $769 billion

0:46.2

for the rest.

0:47.6

Since Biden's budget increases military spending and does not call for major new government

0:52.7

programs, some have described it as centrist, calling a $4.5 trillion tax and spend monstrosity

1:02.2

centrist.

1:03.2

It shows how far the center of American politics is from the principles of limited government.

1:11.1

Little of Biden's proposed defense budget will be spent to defend the American people,

1:17.0

although it will defend the ability of defense contractors, lobbyists, and war party

1:23.8

propagandists to continue littering North Virginia with MacManchons.

1:30.2

Biden wants to spend yet more to continue the U.S. counterproductive intervention in Ukraine,

1:38.0

as well as on NATO and other programs aimed to challenging Russia.

1:45.4

And Biden's budget also proposes spending at $1.8 billion to support free and open connected

1:54.8

secure and resilient Indo-Pacific region, and another $400 million for countering the

2:02.7

people's Republic of China's maligned influence fund.

2:08.3

How would Biden react if China started spending money to challenge the U.S. influence in the

2:14.8

Western Hemisphere?

2:17.4

Biden's budget spends $33.2 billion to support law enforcement.

...

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