Author Topic: Report: Biden spending plan pushes deficit up by $3 trillion  (Read 56 times)

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Offline Elderberry

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Report: Biden spending plan pushes deficit up by $3 trillion
« on: December 11, 2021, 12:53:14 pm »
WND By Bob Unruh 12/10/2021

CBO document warns of Democrats' spending spree

When the control-centric and expensive Obamacare was being shoved through Congress a decade ago, Rep. Nancy Pelosi infamously told Americans Congress would have to adopt the extravagant plan in order for them to know what's in it.

Now, it appears they will be finding out at least a bit of what's in the latest Democrats' spending spree, Joe Biden's latest proposal, before it can become the law.

The Washington Examiner, in fact, cited the Congressional Budget Office over its reporting that if Biden's temporary measures in the plan are made permanent, it would push the deficit up another $3 trillion.

The Examiner explained, "The numbers were requested by Republicans, who have criticized the Democratic plan as being riddled with budgetary gimmicks to make it appear to cost less. The legislation has several spending items that sunset early that, if made permanent as Democrats intend them to be, would balloon the cost of the bill."

More: https://www.wnd.com/2021/12/report-biden-spending-plan-pushes-deficits-3-trillion/