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 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
carolina73 (09-27-2021),MisterVeritis (09-28-2021),MMC (09-28-2021)
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.
MMC (09-28-2021)
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.
"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
carolina73 (09-27-2021)
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.
Collateral Damage (09-28-2021),MMC (09-28-2021),Peter1469 (09-25-2021)
carolina73 (09-25-2021)
MMC (09-28-2021)
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.
Democrats are fighting among themselves over this huge spending bill.
When the people find that they can vote themselves money, that will herald the end of the republic.“ - Benjamin Franklin.
“When people get used to preferential treatment equal treatment seems like discrimination.” - Thomas Sowell
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
“Word on the street”
“From what I hear”
When you have some facts, feel free to point to them.
bdtex (09-27-2021)