{"id":834900,"date":"2021-10-01T11:28:31","date_gmt":"2021-10-01T15:28:31","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=834900"},"modified":"2021-10-01T11:28:32","modified_gmt":"2021-10-01T15:28:32","slug":"white-house-wont-stop-claiming-bidens-spending-plans-costs-0","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/white-house-wont-stop-claiming-bidens-spending-plans-costs-0\/","title":{"rendered":"White House Won\u2019t Stop Claiming Biden\u2019s Spending Plans \u2018Costs $0\u2019"},"content":{"rendered":"<aside class=\"mashsb-container mashsb-main mashsb-stretched\"><div class=\"mashsb-box\"><div class=\"mashsb-count mash-medium\" style=\"float:left\"><div class=\"counts mashsbcount\">20<\/div><span class=\"mashsb-sharetext\">SHARES<\/span><\/div><div class=\"mashsb-buttons\"><a class=\"mashicon-facebook mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/www.facebook.com\/sharer.php?u=https%3A%2F%2Fwww.conservativenewsdaily.net%2Fbreaking-news%2Fwhite-house-wont-stop-claiming-bidens-spending-plans-costs-0%2F\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Facebook<\/span><\/a><a class=\"mashicon-twitter mash-medium mash-nomargin mashsb-noshadow\" href=\"https:\/\/twitter.com\/intent\/tweet?text=&amp;url=https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=834900&amp;via=ConservNewsDly\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Twitter<\/span><\/a><a class=\"mashicon-subscribe mash-medium mash-nomargin mashsb-noshadow\" href=\"#\" target=\"_top\" rel=\"nofollow\"><span class=\"icon\"><\/span><span class=\"text\">Subscribe<\/span><\/a><div class=\"onoffswitch2 mash-medium mashsb-noshadow\" style=\"display:none\"><\/div><\/div>\n            <\/div>\n                <div style=\"clear:both\"><\/div><\/aside>\n            <!-- Share buttons by mashshare.net - Version: 4.0.47--><div><\/div>\n<p dir=\"ltr\" lang=\"en\">President Joe Biden\u2019s \u201cBuild Back Better\u201d involves more than $5 trillion in spending, but the president and his allies continue to insist it in fact costs nothing.<\/p>\n<p dir=\"ltr\" lang=\"en\">Biden and House Speaker Nancy Pelosi have each <a href=\"https:\/\/dailycaller.com\/2021\/09\/29\/pelosi-biden-build-back-better-zero-dollars\/\" target=\"_blank\" rel=\"noopener noreferrer\">claimed<\/a> that Biden\u2019s plans will cost zero dollars and add nothing to the national debt, with the White House tweeting the same claim Friday morning.<\/p>\n<blockquote class=\"twitter-tweet\" readability=\"9.4983277591973\">\n<p dir=\"ltr\" lang=\"en\">President Biden\u2019s Build Back Better Agenda costs $0. It is fully paid for by:<br \/>\u2013 closing tax loopholes<br \/>\u2013 cracking down on wealthy tax cheats<br \/>\u2013 making the tax code fairer<br \/>And it won\u2019t raise taxes a single penny for anyone making under $400k.<\/p>\n<p>\u2014 The White House (@WhiteHouse) <a href=\"https:\/\/twitter.com\/WhiteHouse\/status\/1443939232289116162?ref_src=twsrc%5Etfw\">October 1, 2021<\/a><\/p>\n<\/blockquote>\n<p>The Biden administration claims the pay-fors included in the agenda counterbalance every dollar of spending, but watchdog organizations have disagreed. The Committee for a Responsible Federal Budget found that Biden\u2019s agenda <a href=\"https:\/\/www.crfb.org\/blogs\/how-much-could-build-back-better-add-debt-update\" target=\"_blank\" rel=\"noopener noreferrer\">will require the U.S. to borrow roughly $2.4 trillion<\/a>, while the tax hikes included in the bill would only cover for $1.1 trillion. <strong><a href=\"https:\/\/dailycaller.com\/2021\/09\/24\/joe-biden-defend-administration-record-amid-crises\/\" target=\"_blank\" rel=\"noopener noreferrer\"><span class=\"css-901oao css-16my406 r-poiln3 r-bcqeeo r-qvutc0\">(RELATED:&nbsp;<\/span>Biden Defends His Administration\u2019s Record Amid Low Approval Numbers, Multiple Crises)<\/a><\/strong><\/p>\n<p>The Congressional Budget Office (CBO) has yet to release its report on what the agenda will cost long-term, however.<\/p>\n<p>Biden first made the claim that his agenda is essentially free Sunday, leading to <a href=\"https:\/\/dailycaller.com\/2021\/09\/27\/republicans-joe-biden-claim-build-back-better-agenda-zero-dollars-national-debt\/\" target=\"_blank\" rel=\"noopener noreferrer\">heavy backlash from Republicans<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\" readability=\"15.079872204473\">\n<p dir=\"ltr\" lang=\"en\">My Build Back Better Agenda costs zero dollars.<\/p>\n<p>Instead of wasting money on tax breaks, loopholes, and tax evasion for big corporations and the wealthy, we can make a once-in-a-generation investment in working America.<\/p>\n<p>And it adds zero dollars to the national debt.<\/p>\n<p>\u2014 President Biden (@POTUS) <a href=\"https:\/\/twitter.com\/POTUS\/status\/1441924106765602819?ref_src=twsrc%5Etfw\">September 26, 2021<\/a><\/p>\n<\/blockquote>\n<p>Republican members of Congress immediately began to pile onto the tweet, calling it \u201ccompletely false,\u201d and saying the president is \u201cconfused.\u201d<\/p>\n<blockquote class=\"twitter-tweet\" readability=\"9.6889534883721\">\n<p dir=\"ltr\" lang=\"en\">This is completely false. The largest spending spree in government history will cost \u201czero dollars\u201d? That defies logic and basic math. Alongside massive tax increases, it will add trillions to the debt. Peddling false narratives won\u2019t change those facts. <a href=\"https:\/\/t.co\/vrnxF58LX9\">https:\/\/t.co\/vrnxF58LX9<\/a><\/p>\n<p>\u2014 Rep. Steve Womack (@rep_stevewomack) <a href=\"https:\/\/twitter.com\/rep_stevewomack\/status\/1442136063896551434?ref_src=twsrc%5Etfw\">September 26, 2021<\/a><\/p>\n<\/blockquote>\n<blockquote class=\"twitter-tweet\" readability=\"7.6300578034682\">\n<p dir=\"ltr\" lang=\"en\">Biden thinks his $3.5 trillion reckless spending plan \u201ccosts zero dollars\u201d?<\/p>\n<p>He is very confused. <a href=\"https:\/\/t.co\/aNUyBnq5Up\">https:\/\/t.co\/aNUyBnq5Up<\/a><\/p>\n<p>\u2014 Tom Cotton (@TomCottonAR) <a href=\"https:\/\/twitter.com\/TomCottonAR\/status\/1442128367285727242?ref_src=twsrc%5Etfw\">September 26, 2021<\/a><\/p>\n<\/blockquote>\n<p>It remains to be seen how Biden\u2019s claim will fare under the CBO\u2019s scrutiny. The organization did release <a href=\"https:\/\/www.cbo.gov\/publication\/56977\" target=\"_blank\" rel=\"noopener noreferrer\">a dire prediction<\/a> that the U.S. will double its debt to nearly $60 trillion over the next 30 years, if budget deficits continue. It has stated that Biden\u2019s smaller, bipartisan infrastructure bill <a href=\"https:\/\/reason.com\/2021\/08\/09\/the-bipartisan-infrastructure-bill-will-add-more-than-250-billion-to-the-deficit-does-anyone-care\/\" target=\"_blank\" rel=\"noopener noreferrer\">will add $250 billion to the debt<\/a>, but has yet to speak out on the larger, Democrat-only $3.5 trillion budget reconciliation bill.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Joe Biden\u2019s \u201cBuild Back Better\u201d involves more than $5 trillion in spending, but the president and his allies continue to insist it in fact costs nothing.Biden and House Speaker &#8230;<\/p>\n","protected":false},"author":1,"featured_media":2315279,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[],"tags":[],"class_list":["post-834900","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/834900","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=834900"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/834900\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media\/2315279"}],"wp:attachment":[{"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/media?parent=834900"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=834900"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=834900"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}