10 Ways Biden’s “Build Back Better” Bill Would Kill Economic Opportunity
Economy And Jobs,Build Back Better
President Joe Biden wants you to view his $3.5 trillion tax-and-spend Christmas wish list as an “investment.”
However, the specific details of this 2,465-page manifesto tell a very different story. It’s an old story, one where your interests and hard work are subverted for the benefit of a well-connected few.
Politicians often discuss the economy as a singular entity that can easily be controlled by some legislative act. It isn’t, however, anywhere near that simple. The economy represents the summation of the work of all Americans to contribute to their communities and build a foundation for a more prosperous future.
Every good and service we produce that enriches our lives requires innovation and hard work to invent, design, produce, and ultimately make available. That’s a delicate process that requires a society where people are free to pursue their passions and reap the benefits of their hard work and successful innovation.
Instead, Biden’s plan offers dramatic tax increases, increasing regulatory burdens, distortionary benefits for the well-connected, and a bloated bureaucracy designed only to micromanage and suppress freedom.
Related Coverage
AllSides Picks
Headline Roundup
US National Debt Surpasses $40 Trillion, Renewing Debate Over Fiscal Outlook
August 20th, 2026
Headline Roundup
Does America Have a Buy Now, Pay Later Problem?
August 18th, 2026
News
Tracking Trump’s Campaign Promises
AllSides Staff
August 13th, 2026
Story of the Week
Affordability in America
AllSides Staff
August 13th, 2026
More News about Economy and Jobs
News from the Left
News from the Center
News from the Right
CNBC