Saturday, December 11, 2021

Build Back Bolshevik and Go Bust

The Biden* plan for bankrupting the US actually costs more than Biden* said.

*Here's my shocked face.*

...Upon request from Graham, the CBO issued a report Friday that revealed the reconciliation package would increase the deficit by $3 trillion over a ten-year period and cost $4.9 trillion in scope. The CBO’s original scoring claimed the deficit would only increase $0.2 trillion over ten years.

The difference in the numbers reflects provisions that Graham believes would never sunset as the years pass because Democrats will never allow the programs to lapse. Among the 17 items that increase the deficit and bill’s cost are child tax credits, child care provisions, SALT deduction, and health insurance subsidies....

None of those candy-canes will overcome 6++%/year inflation, either.  

But 6++* inflation will be the very low-end guess at the rate Biden* is spending.

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