Treasury Department Warns Biden About Economic Death Spiral

President Biden’s Treasury Dept. is now sounding the alarms over the upcoming tax season, saying that it might not have the resources to deal with the 2021 filings.

The IRS has delayed the tax deadlines in both the 2020 and 2021 years due to the coronavirus pandemic, and staffers are complaining of not having enough they need before the tax season, Axios said on Thursday. Watchdog groups also warned American citizens to expect delays in getting their tax refunds.

“Things might get more difficult even than what we anticipated — and what we anticipated is very, very difficult,” one Treasury official said to Axios.

An incoming tax disaster would be only the newest bad news on Joe Biden’s plate in past weeks. The President is now suffering from record-low ratings on his one-year  inauguration anniversary. Joe Biden’s legal agenda is also dead in Congress, with members of the Democratic party even arguing against the huge spending in his BBB law as well as his changing of federalizing of election laws.

Joe Biden’s recent push to remove the filibuster also hit a roadblock thanks to Dem Senators Kyrsten Sinema from Arizona and Joe Manchin from West Virginia.

Yet another hammer dropped last week when SCOTUS hit down Joe Biden’s attempt to force big companies to force a vaccine-or-test mandate on their workers. The Biden White House had tried to apply this mandate to any firm with over 100 employees, but with a 6-3 majority ruling in the Supreme Court restricted its scope only to the healthcare industry.

Nevertheless, Joe Biden argued in his White House media conference this Wednesday that the first year of his presidency was better than anyone expected.

“I did not overpromise,” Biden said. “I have probably outdid what anybody believed would happen.”

“Everything is changing. It’s getting better. Look, I did not overpromise, but I believe if you take a look at what we have been able to do, you would have to acknowledge we made huge progress,” he said.

Joe Biden’s uncaring attitude about the American economy has even shocked Democrats. And now Americans are preparing to make him pay in the upcoming 2022 midterms.

Author: Steven Sinclaire

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