Senate Republicans on Biden's Bill Passed by House Democrats on November 19
Democrats' Deception
Exposed: Their Reckless Taxing-And-Spending Spree Adds To The
Deficit, Fuels Inflation, And Hikes Taxes On The Middle
Class
President Biden And
Democrats Have Claimed Repeatedly That Their Multitrillion Dollar
Socialist Taxing-And-Spending Spree Won't Increase The Deficit,
Won't Add To Already-Accelerating Inflation, And Won't Increase
Taxes On Americans Making Less Than $400,000 A Year, But
Independent Analyses Have Shown All Those Assertions To Be
False
The Congressional
Budget Office Confirms That Democrats' Reckless Taxing-And-Spending
Bill Is NOT Paid For, And Will Add $800 Billion To The Deficit Over
The Next Five Years
"CBO estimates that enacting this
legislation would result in a net increase in the deficit totaling
$367 billion over the 2022-2031 period, not counting any
additional revenue that may be generated by additional funding for
tax enforcement." ("Summary of Cost Estimate
for H.R. 5376, the Build Back Better Act," Congressional Budget
Office, 11/18/2021)
The Congressional Budget Office
estimates the Democrats' reckless taxing and spending bill would
add nearly $800 billion to the deficit over the next five
years. ("Summary of Cost Estimate
for H.R. 5376, the Build Back Better Act," Congressional Budget
Office, 11/18/2021)
This is all in addition to the $528
billion the Democrats' spring stimulus bill will already add to the
deficit in fiscal year 2022.
(Congressional Budget Office, Accessed 11/19/2021)
Posted November 20, 2021 Senate Republicans on Biden's Bill Passed by House Democrats on November 19
Democrats' Deception
Exposed: Their Reckless Taxing-And-Spending Spree Adds To The
Deficit, Fuels Inflation, And Hikes Taxes On The Middle
Class
President Biden And
Democrats Have Claimed Repeatedly That Their Multitrillion Dollar
Socialist Taxing-And-Spending Spree Won't Increase The Deficit,
Won't Add To Already-Accelerating Inflation, And Won't Increase
Taxes On Americans Making Less Than $400,000 A Year, But
Independent Analyses Have Shown All Those Assertions To Be
False
The Congressional
Budget Office Confirms That Democrats' Reckless Taxing-And-Spending
Bill Is NOT Paid For, And Will Add $800 Billion To The Deficit Over
The Next Five Years
"CBO estimates that enacting this
legislation would result in a net increase in the deficit totaling
$367 billion over the 2022-2031 period, not counting any
additional revenue that may be generated by additional funding for
tax enforcement." ("Summary of Cost Estimate
for H.R. 5376, the Build Back Better Act," Congressional Budget
Office, 11/18/2021)
The Congressional Budget Office
estimates the Democrats' reckless taxing and spending bill would
add nearly $800 billion to the deficit over the next five
years. ("Summary of Cost Estimate
for H.R. 5376, the Build Back Better Act," Congressional Budget
Office, 11/18/2021)
This is all in addition to the $528
billion the Democrats' spring stimulus bill will already add to the
deficit in fiscal year 2022.
(Congressional Budget Office, Accessed 11/19/2021)
Posted November 20, 2021