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‘Kudlow’ host discusses Biden’s presidency as his Build Back Better plan fails.
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KUDLOW:
The big government socialist bill would create more inflation. The true cost is $5 trillion. Not $1.75 Trillion. It is not paid for. The spending will promote more inflation. The electric grid and all our energy infrastructure will be severely damaged, sinking the economy and jacking up costs. In his statement he added concerns about national security. Whether the U.S. would have sufficient resources to deal with Russia and China if need be. He is always insisted on work requirements for social spending. He has always opposed a middle-class entitlement state.
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