"For now, Biden earns Two Pinocchios - a number that could grow higher." "We’ll keep an eye on the final outcome, but for Americans not steeped in budget arcana, the president’s claim is misleading," the Post fact-check concluded.
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Does anyone honestly believe that any of the myriad of social programs that Biden is offering in this bill will be allowed to simply expire when they're set to if Democrats are still in power? They would be deemed essential, and those advocating cutting them in the name of budgetary sanity would be dubbed as heartless. That would ‘save’ money - and require a future Congress to decide whether to continue a possibly popular benefit."īut once a program – free stuff – is given to the public from the government, it's almost impossible to pull it back. “One possible trick: terminating a new spending program early, before the 10 years is completed. "Lawmakers are certain to play all sorts of budget games to achieve that mythical zero within the 10-year budget framework," reads the fact-check. But how can she say this without even one reporter or correspondent in the room even attempting to challenge her claim?Įven the Washington Post fact-checkers took issue with the zero-dollars scam, which it dubbed a "mythical zero." Look, she is the president's spokesperson and has to carry his message, that's understood. “The reconciliation package will cost zero dollars," she insisted to reporters.
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Yet here was White House press secretary Jen Psaki Jen Psaki Biden finds uneven footing with Black voters Five areas where Biden faces pressure to do more on COVID-19 Overnight Health Care - FDA authorizes second COVID-19 bill, but stresses limitations MORE on Monday repeating the president's laughable claim. "It would be unwise and irresponsible to use arbitrary expirations and sunsets to obscure the true cost of this legislation," the committee concludes. The CRFB further found that, thanks to various accounting and budgeting gimmicks, the $3.5 trillion bill's cost is more in the $5.5 trillion range. It also projects that approximately $3 trillion would be added to the national debt over the next decade. Instead of wasting money on tax breaks, loopholes, and tax evasion for big corporations and the wealthy, we can make a once-in-a-generation investment in working America.Īnd it adds zero dollars to the national debt.- President Biden September 26, 2021įortunately, numbers are numbers and math is math, and therefore they can't be spun so easily.Īccording to the Committee for a Responsible Federal Budget (CRFB), a nonpartisan, nonprofit organization based in Washington, the $3.5 trillion bill would call for the U.S. My Build Back Better Agenda costs zero dollars.
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That's President Biden Joe Biden Harris tests negative for COVID-19 after close contact with aide Standing with Joe Manchin Holiday caller to Biden: 'Merry Christmas and let's go Brandon' MORE insulting the intelligence of sober, sane Americans by claiming that $3.5 trillion in new spending – via an infrastructure bill in which most of the money allocated does not go toward improving roads, rail lines, bridges, power grids or other actual infrastructure – "costs zero dollars." Instead of wasting money on tax breaks, loopholes and tax evasion for big corporations and the wealthy, we can make a once-in-a-generation investment in working America." "My ‘Build Back Better’ agenda costs zero dollars.