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Thread: $3.5 Trillion Is a Phony Number Budget tricks disguise the true cost of Bidens vast

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    $3.5 Trillion Is a Phony Number Budget tricks disguise the true cost of Bidens vast

    The CBO has not scored this so called 'reconciliation' bill. That is, if it's not fully paid for, then the bill cannot be pushed through under the reconciliation process.

    $3.5 Trillion Is a Phony Number - WSJ
    "The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests." - Patrick Henry

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    Quote Originally Posted by testsubjectalpha View Post
    The CBO has not scored this so called 'reconciliation' bill. That is, if it's not fully paid for, then the bill cannot be pushed through under the reconciliation process.

    $3.5 Trillion Is a Phony Number - WSJ
    Correct. They can never pay for it without more than doubling the taxes. Current revenues do not pay for the expenditures.

    The CBO would let that fly because they play ignorant to the effects of the increase and cuts, but it certainly will kill growth if not create a recession.

    The Democrats are looking into every fake claim they think they can get away with.

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    From what I hear, 75% of Joe Biden's income tax increase is going to hit the middle class and little guy. And small businesses.

    The bill should not be rushed with Nancy once again saying we have to pass it to know what's in it. Apparently the word is already getting out. But the MSM is not doing the public the 'so called' sacred service they claim.

    I'm tiring of socialism and it's vagaries on society. Killings are sky rocketing.






    Quote Originally Posted by carolina73 View Post
    Correct. They can never pay for it without more than doubling the taxes. Current revenues do not pay for the expenditures.

    The CBO would let that fly because they play ignorant to the effects of the increase and cuts, but it certainly will kill growth if not create a recession.

    The Democrats are looking into every fake claim they think they can get away with.
    "The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests." - Patrick Henry

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    I'm getting 10%+ cost increases promised for the new year.
    Therefore my price increase will be the same.

    There is nothing temporary about this inflation. I have distributors trying to convince me to just add it as a surcharge. That is not going to happen. End users simply refuse to pay surcharges.

    Inflation is going to be much worse in 2022.

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    O'Biden is a royal screwup.





    Quote Originally Posted by carolina73 View Post
    I'm getting 10%+ cost increases promised for the new year.
    Therefore my price increase will be the same.

    There is nothing temporary about this inflation. I have distributors trying to convince me to just add it as a surcharge. That is not going to happen. End users simply refuse to pay surcharges.

    Inflation is going to be much worse in 2022.
    "The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests." - Patrick Henry

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    Quote Originally Posted by carolina73 View Post
    Correct. They can never pay for it without more than doubling the taxes. Current revenues do not pay for the expenditures.

    The CBO would let that fly because they play ignorant to the effects of the increase and cuts, but it certainly will kill growth if not create a recession.

    The Democrats are looking into every fake claim they think they can get away with.
    By law the CBO uses static accounting rather than dynamic accounting.
    ΜOΛΩΝ ΛΑΒΕ


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    Quote Originally Posted by Peter1469 View Post
    By law the CBO uses static accounting rather than dynamic accounting.
    Sure but willingly putting out a product that you know is based on fraudulent budget tricks should come with commentary.

    Auditors provide an opinion and the Basis for an Opinion before every report. The CBO is actually doing is auditing the accounting promises made by the bill's authors.

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    Democrats are fighting among themselves over this huge spending bill.
    Benjamin Franklin: "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."

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    Word on the street is the middle class will pay at least 2/3rds of the taxes to fund Biden's spending spree. But Joe Biden says he's can spend the annual GDP of Russia, IN YOUR NAME, and it's FREE.

    That's right, Joe Biden and the Democrats in Washington are telling everyone all their spending plans are free.
    "The Constitution is not an instrument for the government to restrain the people, it is an instrument for the people to restrain the government - lest it come to dominate our lives and interests." - Patrick Henry

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    Word on the street
    From what I hear

    When you have some facts, feel free to point to them.

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