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White House Threatens Biden Would Veto House GOP Israel Aid Plan that CBO Estimates Would Add to DebtNick Gilbertson1 Nov 20238
3:00
President Joe Biden would veto House Republicans’ aid proposal for Israel that would be paid for with IRS cuts, his administration announced Tuesday, while the Congressional Budget Office says the IRS offsets would add to the national debt.
The White House Office of Management and Budget released a statement Monday saying the administration “strongly opposes House passage of the Israel Security Supplemental Appropriation Act (ISSA)” — a $14 billion aid package for Israel without funds for Ukraine or Taiwan attached. Biden seeks a bill that bundles aid for all three countries, with $61.4 billion going to Ukraine.
“[R]ather than putting forward a package that strengthens American national security in a bipartisan way, the bill fails to meet the urgency of the moment by deepening our divides and severely eroding historic bipartisan support for Israel’s security,” the statement reads in part.
“If the President were presented with this bill, he would veto it,” the White House Office of Management and Budget added.
Another blow came for Republicans Wednesday morning when the Congressional Budget Office released its analysis of the bill, finding it would add $12.5 billion to the debt by 2033 by decreasing IRS revenue by a projected $27 billion, as Punchbowl News reported.
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https://www.breitbart.com/politics/2023/11/01/white-house-threatens-biden-would-veto-house-gop-israel-aid-plan/