Biden's expansive vision is about more than vastly increasing spending, but let's start there because the numbers are simply staggering. He's proposing $11 trillion in brand new spending over the next decade, according to the Manhattan Institute's Brian Riedl. Big-ticket new items include $1.4 trillion to expand Obamacare; $2 trillion on his version of a Green New Deal; jacking Social Security and Supplemental Security Income by $1 trillion; and goosing spending on preschool, K-12, and higher education by $1.5 trillion. Biden has also signed on to a $3.3 trillion stimulus spending plan pushed by House and Senate Democrats. (...) To pay for this new largess, Biden has laid out $3.6 trillion in tax hikes over the coming decade, resulting in what Riedl says is "the largest permanent tax increase since World War II."
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