Former Secretary of State Mike Pompeo on Saturday described President Biden's funding proposal as a"smorgasbord of extra-curricular actions" -- the prices of which, he warned, would be levied upon future generations.
"This sounds like a smorgasbord of left-wing activities that they want to underwrite with American taxpayers and, make no mistake about it, ultimately middle class, hard working Americans will likely be taxed to pay for it," he said on"Fox and Friends."
The White House on Friday introduced the whopping $6 trillion financial 2022 budget request, which will add to the already ballooning debt. It tallies up the administration's eight-year, $2.3 trillion American Jobs Plan along with the $1.8 trillion American Families Plan and incorporates them into Biden's $1.5 trillion petition for yearly operating expenses, which comprises the Pentagon and other federal agencies.
The proposition will push debt amounts held by the populace to the greatest levels since World War II at 2024 and could spike the deficit to $1.8 trillion in 2022 and could normally run over $1.3 trillion over the next ten years, despite almost $3 trillion in projected tax increases.
Pompeo pointed into inclusions for example over $800 million into Central American nations -- part of a potential $4 billion plan to target"root causes" of this migrant surge which has led to a crisis at the southern boundary.
"That money going to Central America, I do not know just what they've labeled it for but we know that the crisis in the border isn't likely to be solved by tossing money at the Central American nations -- it simply won't work," he explained.
Additionally, it includes $2.1 billion to fight gun violence, $110 million for"transportation equity" and $36 billion in climate investments. Pompeo said he knew would be footing the bill for its massive spending undertaking.
"Seems like he wishes to devote my children', and hopefully 1 day I'll have grandchildren, their money too," he explained. "That is a huge budget that will leave a huge burden on that next generation."
"That is European societal wellbeing bordering on socialism," he added.