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Latest Bogus White House Spin: Biden’s $3.5 Trillion Plan Actually Costs Nothing

1 13 0
24.09.2021

Axios has a report out about how President Biden’s team is finally coming to the realization that with razor thin majorities in Congress, maybe it was a bit of overreach to try to shove a sweeping social agenda into one massive bill and then ram it through on a pure party-line vote. But in the meantime, they are settling on a new bogus spin to sell the $3.5 trillion bill: In reality, it costs nothing.

The report notes, “In branding some Democrats wish had started months ago, White House chief of staff Ron Klain said Sept. 15 at the SALT financial conference in New York: ‘The net cost of Build Back Better is zero.'” Now, White House spokesman Andrew Bates tells Axios: “The bill’s price tag is $0 because it will be paid for by ending failed, special tax giveaways for the richest taxpayers and big corporations, adding nothing to the debt.”

To start with, there is no evidence that Biden’s plan raises enough money to pay for the spending,........

© National Review


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