CBO takes a sledgehammer to 'build back better' agenda | Eastern NC Now

It cost big time

ENCNow

For many months now, the White House and Democrats at large have repeated the obvious falsehood that Joe Biden’s “Build Back Better” agenda will cost “zero dollars.” In fact, the Treasury Department, led by Janet Yellen, has actually asserted that the bill lowers the deficit over the long term.

Then some weeks back, initial CBO estimates exposed that foolishness for exactly what it was. Contrary to the claims of the administration, the BBB bill would actually raise the deficit by some $160 billion.

The CBO released another estimate that showed the true cost of the BBB bill after all the “temporary” programs in it are extended.

Over just ten years, the BBB bill would actually add $3 trillion more dollars to the national debt. As to Biden’s promise to pay for any future extensions, how is he going to do that? He’s blowing smoke up the collective backside of America and even the CBO, which bent over backward to fudge the numbers surrounding Obamacare, isn’t letting him get away with it anymore.

https://redstate.com/bonchie/2021/12/10/the-cbo-takes-a-sledgehammer-to-joe-bidens-build-back-better-agenda-n489717

IMO the $3 trillion over 10 years is still way to low an estimate.  


Go Back


Leave a Guest Comment

Your Name or Alias
Your Email Address ( your email address will not be published )
Enter Your Comment ( text only please )




Wind turbines and hurricanes make electric grid vulnerable Rant & Rave, Editorials, Beaufort Observer, Op-Ed & Politics Yale epidemiologist: Covid is manufactured pandemic of fear


HbAD0

Latest Op-Ed & Politics

fortunately this travesty has not yet come to Beaufort County, but it has in Virginia
now Fauci should be indicted for his previous lies under oath to Congress
Queen Garris has made a post on the Beaufort County GOP site that you should read. It is disloyal to conservative candiates key in the following: https://www.Facebook.Com/beaufortcountygop
another reason we need the SAVE America Act that Democrat politicians fear
Throughout the evening, the fireworks and other program events competed with uncooperative weather.

HbAD1

spending spree came from deceptively named "Inflation Reduction Act"
follows up on mass anti-immigration riots in Belfast, Northern Ireland

HbAD2

“Neville Singham has been a mechanism and funding arm of the Chinese Communist Party.”
illegal alien "asylum seeker" migrants are a crime wave on both sides of the Atlantic
wrongful stops and possible people tacking including cell phones

HbAD3


HbAD4

 
 
Back to Top