President Biden has issued almost 100 executive orders, which experts expect to cost taxpayers approximately $1.5 trillion as the national debt approaches $31 trillion. According to Fox News, Biden has issued 99 executive orders since taking office. Most of the orders came in his first year, issuing more than any president since the 1970s. Memos reveal that at least one left-wing organization funded by George Soros has affected some of Biden’s legislative proposals.
While each order does not outline specific financial charges, they contain ambiguous estimations on whether they would increase, decrease, or have no effect on government spending. However, experts suggest his list of orders to date will cost more than $1 trillion. Matthew Dickerson of the Heritage Foundation stated, “President Biden’s executive actions have cost taxpayers more than $1 trillion so far. That’s taking into account the recent student loan executive action, which could cost up to $1 trillion.”
Dickerson also explained, “It could be up to $1.5 trillion in cost to taxpayers just on executive actions, not legislation going through Congress and being signed into law and being debated. It’s just pure executive actions taken by Biden costing taxpayers up to $1.5 trillion.” Biden’s student loan forgiveness plan accounts for most of the costs.
Biden signed 77 orders during his first year in office, more than any president since Gerald Ford’s presidency in the 1970s. President Trump signed 220 executive orders during his term, and Obama signed 276 during his eight years in the White House.
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