Sen. John Kennedy, R-La., told "America's Newsroom" on Thursday that the Biden administration's infrastructure plan is a "bold-neo socialist experiment" that is similar to "China's model of capitalism," and has little to do with simply improving America's roads and transportation systems. NEW YORK TIMES SLAMMED FOR GLOWING COVERAGE OF BIDEN INFRASTRUCTURE PLAN: ‘STRAIGHT-UP PROPAGANDA’JOHN KENNEDY: Well, no one can accuse the Biden administration of timidity. I mean, this will be over $4 trillion dollars of spending and less than 100 days. And by spending this massive amount of taxpayer money, it's clear that, to me, that the Biden administration is moving more toward the Chinese model of capitalism, where the biggest player in the economy is government. There's no way that the Biden administration can do this without the Federal Reserve financing this kind of deficit spending.

Source: Fox News April 01, 2021 16:52 UTC