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

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.




The cost deficits to these two wars did not and never will provide any cost benefits.

The BBB will provide revenue in taxes by the growth of high paying employment in Technology and Construction of our rusting infrastructure, repairing and replacing transportation will all be cost benefits.
 
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.

Everyone knows

Nothing can stop them

Blah, blah, blah.

Same old, same old

So grab your ankles and like it.

The GOP will be round shortly to take office and do nothing about it.

Wash, rinse, repeat.
 
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.
We're still spending a ton of money in the military. Afghanistan was a drop in the bucket.
Let's also face the fact that when you discourage growth thru higher taxes....you get a net loss in revenue thanks to cutbacks in spending and in jobs.
 


The cost deficits to these two wars did not and never will provide any cost benefits.

The BBB will provide revenue in taxes by the growth of high paying employment in Technology and Construction of our rusting infrastructure, repairing and replacing transportation will all be cost benefits.
Nah.....vaccine mandates are wiping out a large swath of the work force.
That means less jobs, less earnings, and less taxes.
 
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.


Hey, you're pretty damn good at projection. But you've had years of practice, so it's expected.

.
 
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.


So what. The programs are not permanent at this time. Republicans did the same thing with their tax bill. This means absolutely nothing.

When we talk about $3 trillion dollars, we are not talking about a $3 trillion deficit in one year. Some of the Trump tax cuts need to be rolled back if the changes are made permanent.
 
Every cent wasted.

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

Inflation has nothing to do with it. The rich and big business are swimming in cash. Yet if ordinary people get a break, that causes inflation. That is absolutely false.
 
Inflation has nothing to do with it. The rich and big business are swimming in cash. Yet if ordinary people get a break, that causes inflation. That is absolutely false.


Bullshit!

You know nothing about inflation. It is too many dollars chasing goods.

Infusing $3 trillion of borrowed money into already inflated economy is going to make it worse.

You dumbass Moon Bats don't know anymore about Economics than you know about History, Biology, Climate Science, Ethics or the Constitution.
 
The Biden inflation is the worst in 40 years going back to Carter's massive inflation.

Now the stupid sonofabitch wants to infused $3 trillion in worthless borrowed spending into an inflationary economy.

Dat Boy is dumber than a door knob. So are the idiots that voted for him and then ignored the fact he stole the election.
 

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