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.  


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