'Not Free?' - CBO Reveals Biden's "Build Back Better" Plan Could Cost Over $3 Trillion

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'Not Free?' - CBO Reveals Biden's "Build Back Better" Plan Could Cost Over $3 Trillion

And that is what The Congressional Budget Office (CBO) exposed today in a letter to Congress, titled: "Re: Budgetary Effects of Making Specified Policies in the Build Back Better Act Permanent"

This letter responds to your request for a projection of the budgetary effects, including the effects on interest costs, of a modified version of H.R. 5376, the Build Back Better Act.

You specified modifications that would make various policies permanent rather than temporary. The details are in the table below:

2021-12-10_08-26-04.jpg


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.

____________________

 
Cuddles said:
Infra was also ruled over budget. No excuses
More...
Infra was passed under filibuster rule 69-to-30 vote
Any bill will pass with 60 votes....Something the Democrats should work towards
Build back is Reconciliation, 51 votes to pass, and cannot not add to debt

Go read a book
 
Mercor said:
Infra was passed under filibuster rule 69-to-30 vote
Any bill will pass with 60 votes....Something the Democrats should work towards
Build back is Reconciliation, 51 votes to pass, and cannot not add to debt

Go read a book
More...

The CBO review is just BS to kill bills corporate Dems don't approve of.

For similar, read "inflation talking points", "bipartisanship", and "the authority of the parlamentarian"
 
Graham hopes to sway Manchin against Biden plan with new CBO report

Sen. Lindsey Graham (S.C.), the top Republican on the Senate Budget Committee, mentioned Manchin by name approximately 20 times during a roughly 27-minute press conference Friday on the CBO's findings and new data that showed inflation has hit a nearly 40-year high.

"Joe Manchin has been wanting to know without gimmicks what would the bill cost. We now know it more than doubles. ... I’ve done what Sen. Manchin said somebody should do," Graham said.

"What I think will happen is that Joe will take these numbers and he will start making decisions about what comes next, and my hope is that Sen. Manchin will say, 'Stop, shelve Build Back Better until we find better answers to where inflation is headed,'" Graham added.
 
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