It’s been under wraps longer than some Egyptian mummies, but the bill for the Joe Biden-Nancy Pelosi-Bernie Sanders spending agenda is about to be exposed in the air. The Wages and Means Committee draft tax hike leaked over the weekend is a $2.2 trillion Washington money grab for the ages.
The tax proposals are not final, but Ways and Means will begin debate on them beginning Tuesday. So much for discussion. As Speaker Richard Neill has pointed out, publicizing a tax hike too soon gives the opposition time to build up. Now that the details are out, let’s see what he means.