The table below is taken from Tracey Wilson's presentation at the Agent Ignite session. These are derived from his research. If you have questions, please visit his website. This is the BIG RED button he talks about in this presentation.
Here is the PowerPoint from this presentation.
Here are a few points covered:
1)American Rescue Plan: $1.9 trillion for COVID Stimulus Package
2)American Jobs Plan: $2.3 trillion for infrastructure
3)American Family Plan: $1.8 trillion for universal pre-K, free community college, SLD $50K forgiveness, paid family leave
----more----
Here's the math
$1.9 trillion
+ $2.3 trillion
+ $1.8 trillion
= $6 trillion
for new spending...
Current federal debt is $28 trillion...
Plus $6 trillion would make U.S. federal debt $34 trillion
U.S. debt-to-income ratio would be 154%...
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