CBO: ‘Biden BBB Bill adds $3 trillion to deficit’

President Joe Biden’s sweeping spending bill, the Build Back Better Act, would add $3 trillion to deficits over 10 years if made permanent, according to a new Congressional Budget Office cost analysis.

Republicans requested the CBO analyze Biden’s bill based on its policies being made permanent by Congress over 10 years, as opposed to the shorter timelines in the Treasury Department’s cost analysis of the bill.

Biden bill could double child care costs

Families could pay up to $27,000 more for child care each year under proposed Biden’s spending bill

NYT columnist: ‘Inflation affects low-income families?’

Insulin Prices Could Be In For A Pretty Big Change If Democrats Get Their Way

h/t  NotAGlowy

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2 COMMENTS

  1. Headline: "When the interest of money rises in relation with the amount of currency issued, you have an ever increasing debt vacuum that can never be repaid." Thats called Usury. It was outlawed long ago in many Nations/Countries but keeps making its way back on the Capitalist Markets! Its also called Rape of a Nation.

  2. Interest. That's a funny one. …high incomes for all equally, is legal only, = very healthy business = soaring secure stock markets = permanent surplus. …interest rates are over. One time small fee, was all bank had ever right to do, profit guys. Perhaps. High gas prices causes inflation. Interest rates. ……

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