EDITOR'S NOTE; We’ve all heard President Biden’s claims that his $1.75-trillion-dollar Build Back Better program will have “zero” cost and add nothing to the federal deficit. But is that true? Not according to his own Congressional Budget Office. The CBO recently reported that their calculations show BBB “will add $367 billion to the deficit over the 2022-2031 period. The Gateway Pundit says that with the CPI at its highest level in 30 years, “econ experts warn inflation will only continue to get worse and many believe stagflation is inevitable,” making Build Back Better extremely risky at best and catastrophic at worst.
The Congressional Budget Office (CBO) on Thursday estimated Joe Biden’s “zero cost” Build Back Broke bill will add $367 billion to the deficit over the 2022-2031 period.
Joe Biden and his propaganda mouthpiece Jen Psaki have both insisted the massive spending bill will cost zero dollars.
Here’s White House Press Secretary Jen Psaki claiming the massive spending bill cost “zero”:
Reporter asks Psaki what she means that the $3.5T bill will cost zero
Psaki: “Zero!” pic.twitter.com/2vfBBnQqeI
— Jack Po-So-Bik (@JackPosobiec) September 28, 2021
Here’s Biden claiming his Build Back Broke bill will add “zero” to the deficit:
Biden: "The cost of the Build Back Better bill in terms of adding to the deficit is zero, zero, zero. Because we're going to pay for it all." pic.twitter.com/sRqBLeD6sA
— Daily Caller (@DailyCaller) October 20, 2021
House Democrats are planning on voting on Joe Biden’s “Build Back
Broke Better” bill Thursday evening.
Biden signed the $1.2 trillion infrastructure bill into law on Monday so the House Democrats are moving full speed ahead to pass his Marxist climate bill.
The CPI index is the highest it’s been in three decades.
Econ experts warn inflation will only continue to get worse and many believe stagflation is inevitable.
If the House passes the bill, the Senate will likely change it and pass a different version because Democrats Manchin and Sinema are not on board with deficit spending.
Originally posted on The Gateway Pundit.