Thinker101
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- Mar 25, 2017
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Biden continued to assure us the bill is fully paid for. Yet the Congressional Budget Office score of the legislation released yesterday reveals this claim is false. CBO finds the legislation would add over $750 billion to the federal debt over the next five years — on top of the deficit spending in the new trillion-dollar infrastructure law the president similarly promised would be fully paid for . CBO projects the deficit spending would shrink to around $160 billion over 10 years as spending seems to slow while revenues kick in. But that only reveals the dirty little secret about this massive bill: It’s a mess of budget gimmicks.
CBO score highlights the massive budget gimmicks behind Build Back Better
CBO score highlights the massive budget gimmicks behind Build Back Better