In less than two years since taking office, President Joe Biden has issued 99 executive orders, greatly outpacing both the Trump and Obama administrations in the same time period - at a cost to taxpayers of nearly $1.5 trillion. The budgetary impact analyses included with each order only show if the order will have no impact, increase or decrease federal costs.
Recent Penn Wharton Budget Model shows the recent student loan forgiveness executive order alone could cost up to $1 trillion
- According to the nonpartisan Congressional Budget Office, Biden’s earlier orders already cost taxpayers $500 billion
- These executive orders could impact inflation
- More printed money flooding the economy, financed by the Federal Reserve, fuels inflation
https://noqreport.com/2022/10/10/bidens-99-executive-orders-cost-1-5-trillion/
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