Time to pull the plug
Dec 13, 2021 08:34:04 #
With President Biden’s “Build Back Better” bill on life support in the Senate, the nonpartisan Congressional Budget Office just delivered a report that should pull the plug, if our Senate has any sense of fiscal responsibility whatsoever, which is doubtful.
Biden claimed that all that massive spending and government-expanding would magically be completely paid for without adding to the deficit. But an initial CBO study a few weeks ago dealt a serious blow by estimating that, best case scenario, it would add $160 billion to the deficit. Then on Friday, they brought down the sledgehammer of reality with a report on the cost if all those “temporary” entitlements and deductions, like child care and health subsidies, were made permanent, as we know they will be:
https://redstate.com/bonchie/2021/12/10/the-cbo-takes-a-sledgehammer-to-joe-bidens-build-back-better-agenda-n489717
The CBO and the Joint Committee on Taxation estimated that under those conditions, and taking current interest rates into account, over the next ten years, the “Build Back Better” bill would add $3 trillion to the national debt, not $0.2 trillion as claimed. This is expected to harden Sen. Joe Manchin’s opposition, which is all it would take to doom this “Bring Back Boondoggles” bill to the dustbin of history where it belongs.
Of course, the Democrats are claiming that this report is “f**e” because the actual bill calls for those programs to be temporary.
Does anyone really believe that? As Ronald Reagan liked to remind people, there’s nothing so immortal as a “temporary” government program. And these are the people who believed the Russian collusion story, and Jussie Smollett and that Stacey Abrams is the true Governor of Georgia, so they don’t have a very good track record at spotting f**e things.
https://pjmedia.com/news-and-politics/rick-moran/2021/12/10/dems-call-cbo-report-f**e-after-it-found-that-build-back-better-will-add-3-trillion-to-deficit-n1540623
Biden claimed that all that massive spending and government-expanding would magically be completely paid for without adding to the deficit. But an initial CBO study a few weeks ago dealt a serious blow by estimating that, best case scenario, it would add $160 billion to the deficit. Then on Friday, they brought down the sledgehammer of reality with a report on the cost if all those “temporary” entitlements and deductions, like child care and health subsidies, were made permanent, as we know they will be:
https://redstate.com/bonchie/2021/12/10/the-cbo-takes-a-sledgehammer-to-joe-bidens-build-back-better-agenda-n489717
The CBO and the Joint Committee on Taxation estimated that under those conditions, and taking current interest rates into account, over the next ten years, the “Build Back Better” bill would add $3 trillion to the national debt, not $0.2 trillion as claimed. This is expected to harden Sen. Joe Manchin’s opposition, which is all it would take to doom this “Bring Back Boondoggles” bill to the dustbin of history where it belongs.
Of course, the Democrats are claiming that this report is “f**e” because the actual bill calls for those programs to be temporary.
Does anyone really believe that? As Ronald Reagan liked to remind people, there’s nothing so immortal as a “temporary” government program. And these are the people who believed the Russian collusion story, and Jussie Smollett and that Stacey Abrams is the true Governor of Georgia, so they don’t have a very good track record at spotting f**e things.
https://pjmedia.com/news-and-politics/rick-moran/2021/12/10/dems-call-cbo-report-f**e-after-it-found-that-build-back-better-will-add-3-trillion-to-deficit-n1540623
Dec 13, 2021 08:38:21 #
American Vet wrote:
With President Biden’s “Build Back Better” bill on... (show quote)
What they have is a great track record in fabricating f**e things and lying their way out of everything!!!!
This ridiculous monstrosity definitely needs to fail, permanently, not just temporarily.
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