President Joe Biden’s White House team is drafting a massive $3 trillion infrastructure spending deal, according to reports, but most of the spending will be directed toward social welfare programs.
The New York Times previewed the spending plan on Tuesday, reporting despite the president’s interest in infrastructure, it would also focus on reducing carbon emissions, addressing economic inequality, and promoting equity.
Only $1 trillion of the proposal would be spent on actual infrastructure priorities, according to the report, such as roads, bridges, rail lines, ports, electric grid improvements, and charging stations for electric cars.
Other priorities include investments in wind and solar power, 5G telecommunications, rural broadband, and worker training. The proposal also includes the development of one million “affordable and energy-efficient” housing units.
Bloomberg News reports Biden’s team is planning $400 billion in “green spending.” Other reported spending measures in the proposal include tuition reductions among minorities, health-care initiatives, and money for child care and eldercare.
The Washington Post reports the proposal includes plans for free community college and universal prekindergarten.
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When Toyota offers an opinion on the car market, it’s probably worth listening to. This week, Toyota reiterated an opinion it has offered before. That opinion is straightforward: The world is not yet ready to support a fully electric auto fleet.
Toyota’s head of energy and environmental research Robert Wimmer testified before the Senate this week, and said: “If we are to make dramatic progress in electrification, it will require overcoming tremendous challenges, including refueling infrastructure, battery availability, consumer acceptance, and affordability.”
Wimmer’s remarks come on the heels of GM’s announcement that it will phase out all gas internal combustion engines (ICE) by 2035. Other manufacturers, including Mini, have followed suit with similar announcements.
Tellingly, both Toyota and Honda have so far declined to make any such promises. Honda is the world’s largest engine manufacturer when you take its boat, motorcycle, lawnmower, and other engines it makes outside the auto market into account. Honda competes in those markets with Briggs & Stratton and the increased electrification of lawnmowers, weed trimmers, and the like.
Wimmer noted that while manufactures have announced ambitious goals, just 2% of the world’s cars are electric at this point. For price, range, infrastructure, affordability, and other reasons, buyers continue to choose ICE over electric, and that’s even when electric engines are often subsidized with tax breaks to bring pricetags down.
Increasing usage of wind and solar, neither of which can be throttled to meet demand, and both of which prove unreliable in crisis, has driven some coal and natural gas generators offline. Wind simply runs counter to needs — it generates too much power when we tend not to need it, and generates too little when we need more. The storage capacity to account for this doesn’t exist yet.
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Creepy Former DOJ Prosecutor, Glenn Kirschner, Connected to the Seth Rich Case, Now Wants “Every Business In America” to Pledge that the 2020 Election Was “Accurate”
“We’re seeing in Arizona, we’re seeing in Michigan, we’re seeing in other states, Pennsylvania and Georgia, this information starting to come out,” Gen. McInerney reported. “And it’s extremely important that it does come out because it shows that it was a fraudulent election. They won by using cyberwarfare led by China but it came from other nations, Russia, North Korea, Iran, Pakistan, even the Vatican worked on one location.”
This must be fixed. The republic is at stake. We cannot move forward with an administration that is in the White House after breaking every aspect of the Constitution to get there.