‘Build Back Better’ Programs Will Add $3 Trillion to Deficit if Made Permanent, CBO Projects

[Dont Taz Me Bro]

The Biden administration continues to claim that the "Build Back Better" plan will not cost us a penny, but as the CBO just pointed out, and anyone with a functioning brain not diseased with rabid partisanship already knew, that was a lie. These social programs, if implemented, will never be cancelled. Once they are due to sunset the Democratic Party will demagogue the issue and demonizing anyone who opposes extending them as not caring about the people. This is as predictable as the sun will rise and set and anyone who claims otherwise is a dishonest and dishonorable person.

At the request of multiple Republican senators, the Democrats fighting to advance President Biden’s Build Back Better plan, the gargantuan reconciliation package that creates and expands a boatload of social programs, obtained a modified budgetary effects score from the Congressional Budget Office Friday.

The office’s most recent analysis finds that if major provisions in BBB were not embedded with sunset clauses and were made permanent, which Republicans argue is the Democrats’ hidden intention, the bill would add $2.8 trillion more to the national debt over the next decade than the original CBO score projected.

‘Build Back Better’ Programs Will Add $3 Trillion to Deficit if Made Permanent, CBO Projects | National Review

Republicans have argued that Democrats intend to make the programs permanent and only included sunset clauses as an accounting gimmick.

www.nationalreview.com

 

[Synthaholic]

This is false and ignores all the revenue raising parts of BBB. Like raising the corporate tax rate back to the day Trump entered office, to start. That will result in hindreds of billions in additional revenue yearly.

Plue, we are no longer spending $3 million per day in Afghanistan.

 

[Synthaholic]

No one is talking about making these programs permanent, so this OP is a straw man.

 

[Synthaholic]

Amy Klobushar was just on this morning saying the same thing: we want these programs to have a short lifespan, then get renewed based on whether they are working or not. I think it was on State of the Union.

 

[Flash]

Every cent wasted.

Adding to inflation by putting our children in debt for nothing more than worthless Libtard raiding of the treasury.

 

[LordBrownTrout]

No one is talking about making these programs permanent, so this OP is a straw man.

No, it's not a strawman. Govt rarely ever ends one of its "temporary" programs. I simply marvel at how you bow and worship the federal govt. Its simply amazing.

 

[OKTexas]

Amy Klobushar was just on this morning saying the same thing: we want these programs to have a short lifespan, then get renewed based on whether they are working or not. I think it was on State of the Union.

Now that's some serious commie BULLSHT!

.

 

[LordBrownTrout]

Now that's some serious commie BULLSHT!

.

Govt saying we want a program to have a short lifespan is the ultimate oxymoron.

 

[task0778]

I would argue that in addition to the sunset clauses not ending, the revenue expected from the new taxes is probably overstated by another trillion over 10 years AND the original $2 trillion in spending is probably understated by another trillion, so add another 2 trillion. I think inflation is not going away anytime soon, so the impact of the actual cost on our economy might even change the calculus even higher than that.

 

[Synthaholic]

Watch this short answer, at 1:40

 

[Synthaholic]

No, it's not a strawman. Govt rarely ever ends one of its "temporary" programs. I simply marvel at how you bow and worship the federal govt. Its simply amazing.

That's why these are short-term bills. They will need to be re-voted on by a future Congress not long from now. Yet Republicans asked for an estimate based on 10 years.

It's a dishonest talking point.

 

[sparky]

Watch this short answer, at 1:40

She wants us to believe this is some robin hood legislation?


seriously?
~S~

 

[Nostra]

It doesn't cost a penny- Veggie Joe.

 

[LordBrownTrout]

That's why these are short-term bills. They will need to be re-voted on by a future Congress not long from now. Yet Republicans asked for an estimate based on 10 years.

It's a dishonest talking point.

Rs are the same way. They love big govt too.

 

[EyeBRollin]

Good.

 

[OKTexas]

That's why these are short-term bills. They will need to be re-voted on by a future Congress not long from now. Yet Republicans asked for an estimate based on 10 years.

It's a dishonest talking point.

More commie bullshit, the bill was originally scored on 10 years, but it included the sunset provisions that the commies never intend to allow to happen. And it still raised the deficit.

.

 

[task0778]

Rs are the same way. They love big govt too.

Nowhere near as much as the democrats do. If you look at every spending bill that gets through Congress, the democrats are always wanting to spend more than the GOP.

 

[BluesLegend]

This is false and ignores all the revenue raising parts of BBB. Like raising the corporate tax rate back to the day Trump entered office, to start. That will result in hindreds of billions in additional revenue yearly.

LMAO steal billions of people's retirement savings, blow it on BBB wow brilliant plan.

 

[colfax_m]

More commie bullshit, the bill was originally scored on 10 years, but it included the sunset provisions that the commies never intend to allow to happen. And it still raised the deficit.

.

Kind of like the 2017 tax bill which sunsets tax cuts for working class (but not corporations).

 

[Synthaholic]

More commie bullshit, the bill was originally scored on 10 years, but it included the sunset provisions that the commies never intend to allow to happen. And it still raised the deficit.

.

Same tired bullshit from wingnuts. You're always outraged by things that "are going to happen" years down the road. It's always in your imaginations what these things are going to turn into, or what will happen later if we pass them now.

Just fear-mongering using ignorance.