Cobb Reporter

Rep. Lucy McBath voted in favor of President Biden's infrastructure proposal, which includes $1.2 trillion in government spending, that critics said will make it tougher for most Americans.

The INVEST in America Act spends four times as much as the infrastructure programs enacted after the Great Recession, making it the largest infrastructure package since FDR's New Deal, The Associated Press said.

"Just by spending a lot of money they didn’t make, the people in charge are making it for much harder for most Americans to live here. That’s the cost of inflation. It’s a tax, and it’s insidious, and it’s impossible to control once it starts," Tucker Carlson said on RealClear Politics' website.

Only $579 billion of the bill's proposed $1.2 trillion in spending would go toward infrastructure projects such as roads and bridges, a report by the Federalist said. Democrats rejected a proposed amendment to the bill to prevent any funds going to "green energy" supply companies that use slave labor, the Federalist said.

Carlson also said that the Democrats' massive spending bills such as the American Rescue Plan backed by McBath and signed into law by Biden already brought a sharp spike in inflation. Lumber, oil, sugar, copper, and tin prices increased by 250%, 188%, 50% and 80%, respectively, RealClear Politics said.

Unless a change is made to current tax and spend policies, the U.S. National Debt will top 107% of the nation's gross domestic product by 2031. That would be the highest amount in U.S. history,the Congressional Budget Office said.

The public debt already reached 100% of GDP at the end of 2020 and is projected to reach 102% by the end of 2021.

The report said that the current public debt, which was 100% of the U.S. GDP at the end of the fiscal year 2020, is projected to reach 102% of GDP by the end of 2021.

A 40% rise in the U.S. money supply has occurred since the start of the pandemic. During the time just before the period of severe inflation recorded in the 1970s, the money supply rose by 13%, the Federalist said.

The Federalist quoted former Clinton administration Treasury Secretary Lawrence Summers, who warned the Biden administration's stimulus package would “set off inflationary pressures of a kind we have not seen in a generation.” Using that evaluation, the news company said the Biden stimulus package would add trillions to the federal government's already unsustainable expenditure.