| − | Biden's American Jobs Plan would spend roughly $2 trillion on so-called "infrastructure" projects and other [[boondoggles]] Biden proposed to pay for the spending by increasing taxes. “The largest federal tax increase since 1942,” is how the ''New York Times'' described the Biden plan.<ref>https://reason.com/2021/03/29/heres-how-bidens-proposed-tax-increases-will-affect-you/</ref> Biden claimed that the last five leaders of the [[Federal Reserve]] had declared that his American Jobs Plan proposal will increase economic growth.<ref>https://www.whitehouse.gov/briefing-room/speeches-remarks/2021/05/05/remarks-by-president-biden-on-his-administrations-implementation-of-the-american-rescue-plan/</ref> The only problem with Biden's remarks was only three of the last five leaders of the Fed are still alive.<ref>https://www.cnn.com/2021/05/10/politics/fact-check-biden-federal-reserve-moodys-american-jobs-plan/index.html</ref> | + | :{{See also|Green New Deal}} |
| − | At an [[Earth Day]] virtual summit on April 22, 2021, Biden pledged to cut U.S. emissions by half by 2030,<ref>https://www.nbcnews.com/politics/white-house/biden-will-commit-halving-u-s-emissions-2030-part-paris-n1264892</ref> the [[European Union]] agreed to go carbon neutral by 2050,<ref>https://www.scmp.com/news/world/europe/article/3130431/european-union-agrees-go-carbon-neutral-2050-ahead-biden-climate</ref> and the People's Republic of China pledged only to reduce coal consumption - starting in 2026.<ref>https://www.reuters.com/world/china/chinas-xi-says-china-will-phase-down-coal-consumption-over-2026-2030-2021-04-22/</ref> | + | At an [[Earth Day]] virtual summit on April 22, 2021, Biden pledged to cut U.S. emissions by half by 2030,<ref>https://www.nbcnews.com/politics/white-house/biden-will-commit-halving-u-s-emissions-2030-part-paris-n1264892</ref> the [[European Union]] agreed to go carbon neutral by 2050,<ref>https://www.scmp.com/news/world/europe/article/3130431/european-union-agrees-go-carbon-neutral-2050-ahead-biden-climate</ref> and the People's Republic of China pledged only to reduce coal consumption - starting in 2026.<ref>https://www.reuters.com/world/china/chinas-xi-says-china-will-phase-down-coal-consumption-over-2026-2030-2021-04-22/</ref> The junta also waived sanctions on the Russian Nord Stream II pipeline, enriching Vladimir Putin and in direct contradiction to Biden’s claim that the “climate crisis” is a major factor in foreign policy decisions. The pipeline from Russia to Germany undercuts Germany's efforts to meet [[Paris Climate Agreement]] targets. The Paris Agreement, which Biden rejoined in one of his first actions, also benefits Russia, which simply ignores carbon emission goals.<ref>https://www.dailysignal.com/2021/05/21/what-does-putin-have-on-biden/</ref> |