Republican Party

09/17/2020 | Press release | Distributed by Public on 09/17/2020 15:31

Expect Joe Biden To Leave The Truth In His Basement During Tonight’s Town Hall

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AFTER MONTHS OF DODGING REPORTERS, JOE BIDEN NEEDS TO GIVE AMERICANS REAL ANSWERS ON HIS RADICAL PROPOSALS

Tonight, Democrat Nominee Joe Biden will take part in a live CNN town hall from Scranton, Pennsylvania.

It will be Biden's first prime time town hall since accepting the nomination and comes as Biden is under fire for repeatedly dodging questions from embedded reporters.

A review of the candidates' interviews and briefings shows that President Trump answered 5 times more questions from reporters than Biden in the last two months.

Biden only recently jumped back onto the campaign trail, after spending much of the pandemic campaigning from his basement and going months without talking to reporters.

Hopefully, tonight's town hall will not be a repeat of Biden's most recent press conference where, those who were looking forward to hearing Biden respond to tough questions were left disappointed.

The first question, posed by Atlantic staff writer Edward-Isaac Dovere, was about an unsubstantiated report from the magazine, asking Biden what the alleged comments 'tell you about President Trump's soul and the life he leads?'

The other reporters followed suit, largely teeing up Biden to criticize Trump rather than asking substantive questions about his own policy proposals.

BIDEN NEEDS TO ANSWER QUESTIONS ABOUT HIS OWN $5.4 TRILLION AGENDA AND MASSIVE TAX HIKES THAT STILL FALL SHORT OF FUNDING HIS BIG-GOVERNMENT PROPOSALS

Joe Biden has rolled out his own multitrillion-dollar platform that would cost more than double that of Hillary Clinton's 2016 proposals and push long-term Washington spending to its highest level in decades.

Biden has proposed a total of $5.4 trillion in new spending over the next 10 years, according to an analysis published Monday by the Penn Wharton Budget Model.

His campaign says the former vice president remains committed to avoiding an expansion of government debt, and that Biden's proposals will be paid for by revenue increases.

However, even Biden's massive proposal to raise taxes by $3.4 trillion falls well short of funding his big government proposals.

According to the Penn-Wharton Budget model, Biden's tax plan would suppress wages and increase the effective tax rate for all taxpayers, including those making less than $17,000 a year.

95% of middle-income earners would see a tax increase under Biden's plan.

As a part of his tax proposal, Biden plans to raise the corporate tax rate to 28%, higher than the average among OECD countries and well above Canada (15%), the United Kingdom (20%) and China (25%).

Economists know that high corporate tax rates stifle wage growth and during the Obama/Biden Administration, when our corporate tax rate was 'the highest among the largest industrialized countries,' wage growth averaged just 2.3%.

The tepid wage growth was well below the 3%-4% economists expect in a 'strong economy.'

Biden would reverse the wage growth that President Trump unleashed with the Tax Cuts and Jobs Act, which reduced corporate taxes and kickstarted wage growth, which jumped to more than 3% when the cuts were implemented in 2018 and has remained above that target ever since.

BIDEN ALSO HAS YET TO ADDRESS THE IMPACT OF HIS GOVERNMENT-RUN HEALTH CARE PLAN THAT WOULD DEVASTATE HOSPITALS AND LIMIT ACCESS TO CARE

Biden and Harris have pledged to establish a government-run health care system that 'would be available to everyone,' including illegal immigrants who Biden has promised will be covered under his plan.

Nearly 60% of Americans say that government-funded health care should not be available to illegal immigrants.

Biden's plan would create a 'public option,' funneling an estimated 40 million Americans into his government-run health care system.

Because the government's reimbursement rates 'fall below the cost of providing care' hospitals actually lose money treating patients with government sponsored health care and rely on higher rates from private insurance to remain solvent.

Treating such a massive influx of patients at reduced rates would 'compound financial stresses already faced by the nation's hospitals, potentially impacting access to care and provider quality.'

Biden's plan to bankrupt hospitals would be particularly devastating in rural America where 21% of hospitals are already 'at high risk of closing' due to financial stress.Even with a conservative estimate, the shift to Biden's government run health care option would 'exacerbate the already significant financial risks rural hospitals face' and present 'significant risks to rural hospitals and communities nationwide.'

Rural hospitals are 'vital< /a>' to local economies as they bring outside dollars into the communities via third-party payors, provide jobs, stimulate local purchasing, and help attract industry and retirees.

BIDEN'S CLEAN ENERGY PLAN WOULD ELIMINATE FOSSIL FUELS RAISING SERIOUS QUESTIONS ABOUT THE RELIABILITY OF A 100% RENEWABLE ELECTRIC GRID

Biden's $2 trillion climate plan would eliminate carbon emissions from the electric sector by 2035 by eliminating fossil fuels and transitioning to renewable power sources.

Experts agree that 'a diversified mix of low-CO2 generation resources ' where natural gas can supplement renewable sources is a more cost-effective path to deep decarbonization than 100% renewables which would cause energy costs to 'rise sharply.'

There is also significant doubt that a 100% renewable energy sector would be able to power the U.S. electric grid as variable renewable energy (VRE), like wind and solar, are impacted by monthly, seasonal, and even decadal variations in weather.

Energy storage and demand management are both getting better at balancing out short-term variations in VRE but the U.S. does not yet have energy storage at 'anything approachin g' the scale needed to manage long-term variations.

The US currently only has energy storage capacity for around an hour of average electricity consumption.

These concerns are exacerbated by blackouts in California that have forced the state to confront difficult questions about its commitment to an all-green electricity future.

For years, California has been in a sprint to remove carbon from its power supply, it already gets nearly one-third of its power renewable sources and is moving to increase that number.

But in August, hundreds of thousands of Californians were subjected to one-hour blackouts designed to keep the electricity grid from completely melting down.

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