100PercentFedUp.com
By Patty McMurray
Rep. Jim Banks (R-IN) recently shared a memo that warned, “radical and insane policies” in the Build Back Better Act “will break our economy,” and will begin to implement the widely mocked “New Green Deal.”
Daily Caller – Banks distributed the memo, obtained exclusively by the Daily Caller, to the Republican Study Committee “to break down the so-called ‘green’ parts of this bill and analyze how they’ll impact working families,” he wrote. The social spending package, which has a top-line cost of $1.75 trillion, could add as much as $4.9 trillion to the national debt, according to an estimate from the Committee for a Responsible Federal Budget.
Within the Build Back Better package, Banks claims that “half a trillion in funding and policies amount to ‘Phase One of the Green New Deal.’”