Why Biden’s Unspent Trillion-Dollar Budget Should Make You Feel Both Angry and Relieved

In a scenario reminiscent of a drunk father raiding the family savings, President Biden has authorized over $1 trillion in spending for major climate, clean energy, and infrastructure programs. However, according to a report by Politico, more than half of this staggering amount has yet to be obligated or made available for agencies to spend.

Just like the father who spent $400 on booze but forgot about the remaining $600 in his pocket, Biden’s legacy is characterized by a significant amount of unspent funds. While some may argue that the lack of spending reflects inefficiency or lack of progress, there is a silver lining to this situation.

Peter Suderman, in his blog post titled “Biden’s Legacy: He Didn’t Build That,” highlights the fact that many of the large-scale projects funded by Biden’s programs are still in the planning stages or are yet to materialize. This means that despite the authorization of funds, much of the promised infrastructure and clean energy initiatives remain on the drawing board.

It’s akin to the kid who stashed their savings in a sugar bowl – relieved that not all the money has been squandered. While it may be frustrating to see significant sums of money sitting idle, it also raises questions about the feasibility and impact of these proposed projects. Will they ever come to fruition, or will they remain as mere promises on paper?

As Suderman aptly puts it, “Many of the big projects that received either subsidies or tax breaks under Biden are still essentially imaginary, and some may not happen at all, depending on future political decisions.” This uncertainty surrounding the fate of these projects underscores the need for accountability and transparency in government spending.

So, should you feel happy or angry about Biden’s unspent trillion-dollar budget? Perhaps a mix of both emotions is warranted – anger at the lack of progress and efficiency in utilizing allocated funds, but also relief that not all the money has been frivolously spent. As we navigate the complexities of government spending and policy decisions, it is essential to remain vigilant and demand results that benefit the greater good.