Biden claims the $3.5 TRILLION spending bill costs "zero dollars'.

[ColonelAngus]

Biden is a straight up LIAR.

The $3.5 trillion spending bill is NOT going to pay for itself.

 

[Lesh]

The Senate Budget Committee, which released a framework agreement over the summer, says that the investments will be fully offset by a combination of new tax revenues, health care savings and long-term economic growth, though the summary doesn't provide details. The instructions also list corporate and international tax reform and Internal Revenue Service tax enforcement as options -- both of which Republicans shot down in the bipartisan infrastructure bill.
However, a memorandum to Democratic senators specifies that new taxes on families making less than $400,000 a year, small businesses and family farms would be prohibited.

 

[Winston]

Democrats can't even read, let alone have a copy of the Constitution.

Besides, the Constitution was a good start for "social justice", but it's so old and racist and needs revisions, revisions democrats can simply do without wasting time revising.

Make sense?

Well this democrat can sure read the 14th amendment,

The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned.

 

[ColonelAngus]

Can anyone post a large spending bill that PAID for itself?

Post the specific bill, the COST, and then how it paid for itself.

GO ahead and do it:

Spending Bill that PAID FOR ITSELF:

1)

 

[Lesh]

And note of course...that's 3.5 T over ten years

350B a year. Not nearly as scary as it sounds

Remember what was said about Obamacare? That turned out to be bullshit. It nearly paid for itself and would have had not Republicans scrwed with the revenue streams

 

[maybelooking]

And note of course...that's 3.5 T over ten years

350B a year. Not nearly as scary as it sounds

Remember what was said about Obamacare? That turned out to be bullshit. It nearly paid for itself and would have had not Republicans scrwed with the revenue streams

 

[Nostra]

The Senate Budget Committee, which released a framework agreement over the summer, says that the investments will be fully offset by a combination of new tax revenues, health care savings and long-term economic growth, though the summary doesn't provide details. The instructions also list corporate and international tax reform and Internal Revenue Service tax enforcement as options -- both of which Republicans shot down in the bipartisan infrastructure bill.
However, a memorandum to Democratic senators specifies that new taxes on families making less than $400,000 a year, small businesses and family farms would be prohibited.

though the summary doesn't provide details.

 

[TNHarley]

I thought this senile fool was going to save us from stupid tweets.
Didnt work, you stupid mother fuckers.

 

[Winston]

IF you think Biden is sincere then what he and his administration suffer from is called 'Economic Illiteracy'.

If you know Democrats / Joe Biden, what you KNOW he is actually doing is lying to the American people. He learned how to do this better under Obama.

President Obama told Americans that his Obamacare bill would 1) NOT COST A DIME & 2) WILL PAY FOR ITSELF.
- IT DID NEITHER.
- Obama asked Americans to believe that his government program would do not only what no US government program in US history had ever done but what no government program in world history had done - not cost a dime and pay for itself.

Biden is now asking Americans his fiscal program will do the same thing.

Talk about Economic illiteracy, yes, the ACA more than paid for itself.

In March 2010, just before the Affordable Care Act (ACA) was enacted, CBO and the staff of the Joint Committee on Taxation (JCT) estimated that changes in direct spending and revenues under the legislation would reduce federal budget deficits by $124 billion over the 2010–2019 period and by roughly one-half of 1 percent of gross domestic product (GDP) over the ensuing decade (see the cost estimate for H.R. 4872, Reconciliation Act of 2010 [Final Health Care Legislation], March 20, 2010). In the four years since those estimates were produced, there have been significant changes in the economic outlook, in the health care and health care financing systems, in CBO and JCT’s estimating methodologies, in provisions of law that relate to the ACA, and in the implementation of the ACA as guided by judicial decisions and administrative actions. All of those changes could affect the impact of the ACA on budget deficits, potentially in significant ways.

In response to the request for an estimate of the net impact on the deficit of the ACA, the following points are important:

• Based on revisions to the estimated budgetary effects of aspects of the ACA that CBO and JCT have analyzed, the agencies have no reason to think that their initial assessment that the ACA would reduce budget deficits was incorrect.

Estimating the Budgetary Effects of the Affordable Care Act

Following a recent hearing, CBO was asked by a Member of Congress to provide an updated estimate of the budgetary effects of the Affordable Care Act. This post explains why CBO cannot readily provide a retrospective analysis of the ACA.

www.cbo.gov

 

[Claudette]

Lesh
You sure do like to dream. LOL

 

[Winston]

Can anyone post a large spending bill that PAID for itself?

Post the specific bill, the COST, and then how it paid for itself.

GO ahead and do it:

Spending Bill that PAID FOR ITSELF:

1)

Done

Biden claims the $3.5 TRILLION spending bill costs "zero dollars'.

Biden is a straight up LIAR. The $3.5 trillion spending bill is NOT going to pay for itself.

www.usmessageboard.com

 

[SassyIrishLass]

Another day, another Bidum fck up

 

[Winston]

Can anyone post a large spending bill that PAID for itself?

Post the specific bill, the COST, and then how it paid for itself.

GO ahead and do it:

Spending Bill that PAID FOR ITSELF:

1)

The most famous example,

By 1956, when the GI Bill expired, the education and training provisions of the bill had paid out USD14.5 billion. However, the VA estimated the increase in federal income taxes alone would pay for the entire cost of the bill several times over. Congress estimated that for every dollar spent under the GI Bill, the US economy received seven dollars in return

The US' GI Bill: the “New Deal for Veterans”

www.centreforpublicimpact.org

 

[tshrimp]

That's because you are subsidizing those that pay very little to nothing. Don't tell working Democrats though, they don't quite get it.

But I thought all this socialized stuff was “free”. You mean someone has to pay for it .

 

[Claudette]

tshrimp
Mine went up by 60% and I called HR to find out why. She said it was all because of Obamacare. The ONLY people who liked Obamacare are the people we were paying for. It cost the rest of us up the ass.

 

[MarathonMike]

Weatherman2020 If I bought one of those, it would be my new home cuz the wife would kick me out of the house.

 

[Nostra]

Talk about Economic illiteracy, yes, the ACA more than paid for itself.

In March 2010, just before the Affordable Care Act (ACA) was enacted, CBO and the staff of the Joint Committee on Taxation (JCT) estimated that changes in direct spending and revenues under the legislation would reduce federal budget deficits by $124 billion over the 2010–2019 period and by roughly one-half of 1 percent of gross domestic product (GDP) over the ensuing decade (see the cost estimate for H.R. 4872, Reconciliation Act of 2010 [Final Health Care Legislation], March 20, 2010). In the four years since those estimates were produced, there have been significant changes in the economic outlook, in the health care and health care financing systems, in CBO and JCT’s estimating methodologies, in provisions of law that relate to the ACA, and in the implementation of the ACA as guided by judicial decisions and administrative actions. All of those changes could affect the impact of the ACA on budget deficits, potentially in significant ways.

In response to the request for an estimate of the net impact on the deficit of the ACA, the following points are important:

• Based on revisions to the estimated budgetary effects of aspects of the ACA that CBO and JCT have analyzed, the agencies have no reason to think that their initial assessment that the ACA would reduce budget deficits was incorrect.

Estimating the Budgetary Effects of the Affordable Care Act

Following a recent hearing, CBO was asked by a Member of Congress to provide an updated estimate of the budgetary effects of the Affordable Care Act. This post explains why CBO cannot readily provide a retrospective analysis of the ACA.

www.cbo.gov

Estimates from 2014?

Show us where these estimates materialized.

 

[Care4all]

Paid for and free are two different things. Biden has been saying for months to the D and R negotiators, that he wants to see the bill paid for, and not added money borrowed and added to the national debt.

Are you all on the right, saying your right wing faux media, never reported this prior to today??

 

[ColonelAngus]

tshrimp
Mine went up by 60% and I called HR to find out why. She said it was all because of Obamacare. The ONLY people who liked Obamacare are the people we were paying for. It cost the rest of us up the ass.

I met some dumb asshole friend of a friend who is an ARTIST and claimed Obama allows him to get healthcare without a REAL job....I explained to him the healthcare costs I am paying for my family is PAYING for his healthcare....HIS IS NOT FREE.

He looked at me in total bewilderment as I explained it to him.

Lefties are dumb as fuck.

 

[ColonelAngus]

Which spending bills have paid for themselves?

Just list them:

1)