WH Economic Adviser: ‘Haven’t Crunched all the Numbers’ for Reconciliation Bill, But We Know It’s ‘a

[mystery-ak]

WH Economic Adviser: ‘Haven’t Crunched all the Numbers’ for Reconciliation Bill, But We Know It’s ‘a Win-Win’ That Reduces Costs and Deficit

Ian Hanchett 28 Jul 2022

On Thursday’s broadcast of Bloomberg’s “Balance of Power,” White House Council of Economic Advisers member Heather Boushey stated that while the White House has not “crunched all the numbers” on the reconciliation bill yet, we know the bill “will reduce costs” for families, reduce the deficit, and “is a win-win for the U.S. economy.”

Boushey stated, “Well, haven’t crunched all the numbers yet, but here is what we do know: This piece of legislation will reduce costs facing families. That is certainly clear. It’s a combination of a few things: One, it’s going to make investments in health care that will directly reduce costs facing families for prescription drugs, making it more affordable for people to access healthcare insurance through the Affordable Care Act. So, that is important legislation that will get at those pain points facing too many families of the high cost of health care. At the same time, it’s making investments in clean energy that will also reduce costs for families. Today, and over time, we know that the transition to clean energy is costly for families. You’ve got to buy a different kind of car or buy a different way of heating your home, you need different appliances, you need things that are more energy-efficient. It’s going to make it cheaper for families to do that and it’s going to make it cheaper for firms to invest and to have the resources they need all across the innovation to commercialization pipeline so that we can be the world’s leader in clean energy. That is what this legislation will do, and it’s going to do it by lowering costs and improving productivity and innovation across our economy, while, get this, all at the same time, reducing the deficit. So, I just want to note, the other exciting thing about this legislation is that it’s going to fulfill the president’s promise to reward work and not wealth. It’s going to make sure that the tax code is enforced fairly and that companies have to pay a minimum tax. So, this is a win-win for the U.S. economy.”

more
https://www.breitbart.com/clips/2022/07/28/wh-economic-adviser-havent-crunched-all-the-numbers-for-reconciliation-bill-but-we-know-its-a-win-win-that-reduces-costs-and-deficit/

[Kamaji]

[GtHawk]

How odd, I didn't have to crunch the numbers when I spent money I didn't have. While I couldn't just print up money like the government I did run up credit card debt and the result was bankruptcy and hard lesson of if you ain't got it don't spend it. Our government, I wish it were only democrats, is incapable of learning that lesson and they just keep spending Americans into poverty and mortgaging the lives of children for generation upon generation. I have3 more than once thought the only solution may be for a terrible natural disaster to strike a joint session of congress and clear the slate of those who fail to do their sworn duty.

[LMAO]

This administration is becoming more and more a living, breathing “Babylon Bee” or “The Onion.”