House Democrats are moving ahead with a huge bill to raise taxes on businesses and individuals, increase welfare handouts, and micromanage numerous industries.

After midnight on July 31st, the federal government reached the $28.5 trillion debt limit, which is the amount of money Congress allows the Treasury Department to borrow to keep the government running.

Democratic leaders in Congress are moving ahead with a $1 trillion infrastructure bill and a $3.5 trillion reconciliation bill to expand entitlement programs.

Federal government debt rose from $3.3 trillion in 2001, to $10.1 trillion in 2011, to $23.0 trillion in 2021.

The proposed Democratic spending plan would provide $20 billion more in subsidies for American Indian programs.

Democratic leaders in the House and Senate are hoping to pass a $1 trillion bill to fund infrastructure and a $3.5 trillion bill to fund new and expanded entitlement programs.

The Committee for a Responsible Federal Budget estimates that the infrastructure bill will add about $400 billion to federal debt.

The Congressional Budget Office (CBO) released an analysis of the infrastructure bill that is winding its way through Capitol Hill.

Congress is considering a $550 billion increase in federal infrastructure subsidies. The subsidies and related new regulations will be damaging for many reasons, as Randal O’Toole and I have noted.

As Politico observed last month, House Democrats sought to include several anti-highway provisions in an infrastructure bill, including a “fix-it-first” requirement that would prevent states from adding new highway capacity if some of the roads in the state were in poor condition.