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Your Email Address ( your email address will not be published )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

says foreign ties of Democrat Socialists of America need to be investigated
massive data collection by license plate readers on highways and streets threaten freedom

HbAD1

“I’m from America, 250 years ago we were way bigger than 6/1 dogs, and look at us thriving now.” Justin Gaethje pulls off an all time sports upset.
There are many people who overlook the brilliance of the US Constitution. They argue that it is outdated and unfit to adequately govern such a modern nation as ours in the 21st century.

HbAD2

"I plan to keep his counsel close until our paths cross again," JD Vance said on Thursday.
On Tuesday, Democratic Gov. Josh Stein signed an executive order creating the bipartisan Health Care Affordability Commission that he said will look at ways to make healthcare more affordable for North Carolinians.
"Margo’s Got Money Troubles" explores how financial desperation drives women to OnlyFans. That’s not empowering. It’s exploitative.

HbAD3

“They have never managed anything like this before, and it’s like peanut butter and jelly sandwiches coming out the sides."

HbAD4

 
 
Back to Top