The CONGRESSIONAL BUDGET OFFICE says Biden's BBB bill will add $3 trillion to the DEBT

[Nostra]

Why are you lying and claiming the bill will add $3 trillion to the debt?

You just admitted nothing will go away, so the spending on those programs won't go away, Dumbass.

 

[Weatherman2020]

Why are you lying and claiming the bill will add $3 trillion to the debt?

Have a 3 year old show you how hyperlinks work.
“The Congressional Budget Office and the staff of the Joint Committee on Taxation project that a version of the bill modified as you have specified would increase the deficit by $3.0 trillion over the 2022–2031 period (see Table 2).”

 

[busybee01]

Tax cuts pay for themselves?

Tax cuts can either mostly or totally pay for themselves if the economy is not doing well. The Reagan tax cuts did exactly that because the economy was suffering from stagnation. The Trump tax cuts were passed when the economy was strengthening already so they came nowhere near paying for themselves.

 

[otto105]

Tax cuts can either mostly or totally pay for themselves if the economy is not doing well. The Reagan tax cuts did exactly that because the economy was suffering from stagnation. The Trump tax cuts were passed when the economy was strengthening already so they came nowhere near paying for themselves.

So, reagan didn't have debt issues?

 

[Nostra]

Tax cuts can either mostly or totally pay for themselves if the economy is not doing well. The Reagan tax cuts did exactly that because the economy was suffering from stagnation. The Trump tax cuts were passed when the economy was strengthening already so they came nowhere near paying for themselves.

Revenues increased after the Trump across the board tax cuts, so how can you claim they didn't "pay for themselves". BTW, to claim a tax cut pays for itself assumes all money belongs to the Government. It doesn't.

 

[busybee01]

Spending bills should pay for themselves. Tax cuts are not spending bills.

Spending bills should not pay for themselves. Tax cuts are no different than spending bills. They reduce government revenue. Certainly there is no rationalization for not taxing real estate tax trusts at a lower rate.

 

[ColonelAngus]

Dems said the bill is free.

The CBO said it will add $3 trillion to the debt.

Who do you believe?

 

[Weatherman2020]

So, reagan didn't have debt issues?

Democrats had debt issues. They were responsible for creating the budget.

 

[busybee01]

You just admitted nothing will go away, so the spending on those programs won't go away, Dumbass.

Most of the Biden bill expires. It is not permanent so the CBO score is bogus.

 

[Weatherman2020]

Most of the Biden bill expires. It is not permanent so the CBO score is bogus.

Because printing money is FREEEEEE!

 

[otto105]

Dems said the bill is free.

The CBO said it will add $3 trillion to the debt.

Who do you believe?

I believe the BBB bill will save us money in long run. Much like insulating your house better or upgrading windows.

 

[Nostra]

Spending bills should not pay for themselves. Tax cuts are no different than spending bills. They reduce government revenue. Certainly there is no rationalization for not taxing real estate tax trusts at a lower rate.

Revenues went up after the across the board Trump tax cuts. And yes, spending bills should pay for themselves.

 

[busybee01]

Dems said the bill is free.

The CBO said it will add $3 trillion to the debt.

Who do you believe?

Start with Breitbart.

The CBO wrote the Democrats’ marquee legislation would cost $3 trillion over ten years if the legislation would cost far more than reported if many of the bill’s sunsetted provisions did not expire.

CBO: Build Back Better Act Increases Deficit by $3 Trillion

The CBO found that the Build Back Better Act would cost $3 trillion, far higher than its alleged $1.75 trillion price tag.

www.breitbart.com

They are set to expire so the CBO report is horseshit. It is a political document ordered by Republican. Do you thing you can understand english?

 

[Nostra]

Most of the Biden bill expires. It is not permanent so the CBO score is bogus.

Once again, show me a single govt handout program that "expired" and went away. You can't, can you?

 

[Meister]

The bill is bad for WV and bad for the USA.

It will add $3 trillion to the debt.

Manchin is doing to correct thing for his constituents and the US.

At least 3 trillion and odds on it being higher.

 

[Nostra]

Start with Breitbart.

The CBO wrote the Democrats’ marquee legislation would cost $3 trillion over ten years if the legislation would cost far more than reported if many of the bill’s sunsetted provisions did not expire.

CBO: Build Back Better Act Increases Deficit by $3 Trillion

The CBO found that the Build Back Better Act would cost $3 trillion, far higher than its alleged $1.75 trillion price tag.

www.breitbart.com

They are set to expire so the CBO report is horseshit. It is a political document ordered by Republican. Do you thing you can understand english?

Once again, show me a single govt handout program that "expired" and went away. You can't, can you?

 

[Meister]

Start with Breitbart.

The CBO wrote the Democrats’ marquee legislation would cost $3 trillion over ten years if the legislation would cost far more than reported if many of the bill’s sunsetted provisions did not expire.

CBO: Build Back Better Act Increases Deficit by $3 Trillion

The CBO found that the Build Back Better Act would cost $3 trillion, far higher than its alleged $1.75 trillion price tag.

www.breitbart.com

They are set to expire so the CBO report is horseshit. It is a political document ordered by Republican. Do you thing you can understand english?

"if many of the bill’s sunsetted provisions did not expire." Normally they don't, so there is that.

 

[busybee01]

Revenues went up after the across the board Trump tax cuts. And yes, spending bills should pay for themselves.

All that means is that revenues would have been even higher were it not for the Trump tax cuts. The economy is very strong right now and that is the reason why revenues are increasing.

 

[Nostra]

All that means is that revenues would have been even higher were it not for the Trump tax cuts. The economy is very strong right now and that is the reason why revenues are increasing.

You have no data to prove your claim.

 

[busybee01]

So, reagan didn't have debt issues?

That was out of control spending. Reagan agreed to some tax increases if he got spending cuts in return. He never got the spending cuts. However he managed to slow the growth in spending. The deficit dropped from $300 billion to $149 billion when Reagan left office.