A bipartisan group of lawmakers is working on an infrastructure package to help America’s poorest communities, Breitbart News has learned.
The package, which will sell off government debt assets and split the money between deficit reduction and infrastructure spending, would cost taxpayers nothing–as it would transition wasteful government assets into serving as a revenue-raising tool.
The concept is that the bill, per a draft press release obtained by Breitbart News, “would require the Department of Agriculture to sell their distressed debt assets and the proceeds will be distributed between funding much needed infrastructure projects across the country and further paying down U.S. national debt.”
The release draft says this...
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The US Government is going to spend even MORE money that it doesn't have. No Worries . . . the criminal Federal Reserve Bank will print up some US Dollars and buy some more US Bonds so the Congress can continue its spending binge.
ReplyDelete"...would require the Department of Agriculture to sell their distressed debt assets..."
ReplyDeleteWho is going to buy them ?! 30 cents n the dollar, all added to the deficit.