Sunday, December 12, 2021

Socialism and Doom with Biden Socialist Policies

CBO Report: 'Build Back Better' Could Cost $3 Trillion Over Next Decade if Permanent

The Congressional Budget Office (CBO) released an analysis on Friday estimating that President Joe Biden's 'Build Back Better' (BBB) plan could increase the federal deficit by $3 trillion over the next decade if the proposed programs are made permanent, according to CNN.

A Democrat who is not a socialist, Sen.Joe Manchin, accused the Biden administration of using "gimmicks" to downplay the bill's price. "As more of the real details outlined in the basic framework are released, what I see are shell games and budget gimmicks that make the real cost of this so-called '$1.75 trillion' bill estimated to be twice as high if the programs are extended or made permanent," Manchin said.

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