Only Reconciliation “Emergency” Is the Rush to Spend Trillions

Earlier today, the House Committee on Rules released a revised version of the Build Back Better Act (H.R 5376), now priced at bargain low of $1.75 trillion. The committee is meeting this afternoon to consider what it describes as an “emergency measure.”

The likelihood that any of the members have read the 1689-page legislation, with its myriad titles, parts sections, and subsections is nil. The likelihood that the members really know what is in it is close to nil. This makes the Affordable Care Act, about which Nancy Pelosi said: “We have to pass the bill so that you can find out what is in it” seem like responsible law making.

What is also missing is any study or indication that the progressive wish list of programs in the bill will actually work. Cost-benefit analysis? Not needed.

Hopefully, conservatives and moderates can stand strong and defeat this mishmash. At least they ought to insist that everyone have the opportunity to read and analyze the bill. The only emergency here is the rush to spend trillions of dollars that are apparently burning a hole in the president’s and progressives’ pockets.