{"id":992177,"date":"2021-11-10T00:28:46","date_gmt":"2021-11-10T05:28:46","guid":{"rendered":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/?p=992177"},"modified":"2021-11-10T00:28:47","modified_gmt":"2021-11-10T05:28:47","slug":"fact-check-democrat-cindy-axne-falsely-claims-bidens-1-75t-agenda-will-cost-iowans-literally-nothing","status":"publish","type":"post","link":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/fact-check-democrat-cindy-axne-falsely-claims-bidens-1-75t-agenda-will-cost-iowans-literally-nothing\/","title":{"rendered":"Fact Check: Democrat Cindy Axne Falsely Claims Biden&#039;s $1.75T Agenda Will Cost Iowans &#039;Literally Nothing&#039;"},"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\">30<\/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%2Ffact-check-democrat-cindy-axne-falsely-claims-bidens-1-75t-agenda-will-cost-iowans-literally-nothing%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=992177&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><img decoding=\"async\" src=\"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-content\/uploads\/2021\/10\/USATSI_15058293_168395816_lowres-640x335-1.jpeg\" class=\"ff-og-image-inserted\" \/><\/div>\n<p class=\"subheading\">CLAIM: Democrat Rep. Cindy Axne (D-IA) claimed last week that President Joe Biden\u2019s Build Back Better agenda will cost Iowans \u201cliterally nothing.\u201d<\/p>\n<p>VERDICT: False. Biden\u2019s Build Back Better agenda will stick Americans with trillions more in debt.<\/p>\n<figure id=\"D-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"M-ROS-B1\" class=\"a8d\"><\/figure>\n<figure id=\"gmxrevmore\" class=\"H\"><\/figure>\n<p>\u201cThis cost Iowans literally nothing,\u201d Rep. Axne <a href=\"https:\/\/www.raccoonvalleyradio.com\/category\/lets-talk-guthrie-county\/\">said<\/a> of the far-left\u2019s agenda during an interview on&nbsp;<em>Let\u2019s Talk Guthrie County.<\/em><\/p>\n<p>\u201cIf you\u2019re making under $400,000, you know what you\u2019re going to get? A tax break. Because this bill is literally the first time in a long time that we\u2019ve had a substantial approach to helping working families across this country,\u201d she said, claiming that the bill goes \u201cdirectly\u201d in the pocket of working Iowans.<\/p>\n<p>When asked how it will cost zero dollars for the American taxpayer, Axne pointed to IRS audits.<\/p>\n<figure id=\"M-ROS-B2\" class=\"a8d\"><\/figure>\n<p>\u201cYear after year the IRS has not seen the resources it needs,\u201d she said, explaining that they are going to give the federal agency resources so it can \u201cproperly audit Americans.\u201d<\/p>\n<p>The \u201ctop one percent\u201d is not being audited, she claimed, adding that there is $160 billion missing in tax revenue overall. She also said they are \u201clooking to close\u201d loopholes allowing the wealthy and corporations to evade taxes.<\/p>\n<p>However, Axne\u2019s claims that the spending spree will cost Iowans \u201cliterally nothing\u201d do not hold water. President Biden made the same claim in September.<\/p>\n<p>\u201cWe talk about price tags. It is zero price tag on the debt. We\u2019re paying \u2014 we\u2019re going to pay for everything we spend,\u201d told reporters. The following day, he said the&nbsp;Build Back Better Agenda \u201ccosts zero dollars\u201d:<\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\" readability=\"15.079872204473\">\n<p lang=\"en\" dir=\"ltr\">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>Even the <em>Washington Post<\/em> <a href=\"https:\/\/www.washingtonpost.com\/politics\/2021\/09\/28\/bidens-claim-that-his-spending-plan-costs-zero-dollars\/\">gave<\/a> that claim Two Pinocchios:<\/p>\n<blockquote readability=\"16\">\n<p>On top of that, given our long experience in writing about the federal budget, we\u2019re pretty certain a deficit score of zero would only be accomplished with some dubious gimmicks that help disguise the true cost of Biden\u2019s agenda.<\/p>\n<p>We\u2019ll keep an eye on the final outcome, but for Americans not steeped in budget arcana, the president\u2019s claim is misleading. For now, Biden earns Two Pinocchios \u2014 a number that could grow higher.<\/p>\n<\/blockquote>\n<p>On Friday, the House <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/05\/republicans-bail-out-biden-and-pelosi-to-pass-1-2-trillion-so-called-bipartisan-infrastructure-bill\/\">passed<\/a> the Biden-Pelosi agenda, passing the&nbsp;$1.2 trillion so-called bipartisan infrastructure bill.&nbsp;Thirteen House Republicans voted in favor:<\/p>\n<blockquote readability=\"19.722222222222\">\n<p>Reps. John Katko (R-NY), Don Bacon (R-NE), Jeff Van Drew (D-NJ), Fred Upton (R-MI), Adam Kinzinger (R-IL), Don Young (R-AK), Tom Reed (R-NY), Chris Smith (R-NJ), Andrew Garbarino (R-NY), Nicole Malliotakis (R-NY), Brian Fitzpatrick (R-PA), Anthony Gonzalez (R-OH), and David McKinley (R-WV) reportedly <a class=\"x5l\" href=\"https:\/\/twitter.com\/JakeSherman\/status\/1456819190019526658?s=20\" target=\"_blank\" rel=\"noopener external\">voted<\/a> yes on the so-called bipartisan infrastructure bill.<\/p>\n<\/blockquote>\n<p>On Tuesday, the nonpartisan budget watchdog group Committee for a Responsible Federal Budget (CRFB) <a href=\"https:\/\/rollcall.com\/2021\/11\/09\/independent-analysis-says-budget-bill-could-add-200b-to-deficits\/\">found<\/a> the bill \u201ccould increase federal deficits by&nbsp;roughly $200 billion&nbsp;over 10 years, falling short of lawmakers\u2019 ambitions to fully pay for the climate and social spending package\u201d:<\/p>\n<blockquote readability=\"22\">\n<p>The Committee for a Responsible Federal Budget said&nbsp;in an&nbsp;analysis&nbsp;that&nbsp;House&nbsp;Democrats\u2019 latest version of the bill includes $2.4 trillion in spending and tax expenditures but only $2.2 trillion in offsets.<\/p>\n<p>The group counts Democrats\u2019 proposal to raise the current $10,000 cap on state and local tax deductions to $80,000 through 2030, with a brief snapback to $10,000 in 2031, as both an expenditure and an offset. The provision would cost $285 billion through 2025, when the current $10,000 cap is set to expire, and raise $300 billion after that, resulting in a net $15 billion in revenue, according to CRFB\u2019s numbers.<\/p>\n<\/blockquote>\n<p>Additionally, a study from the&nbsp;Wharton School of the University of Pennsylvania <a href=\"https:\/\/www.breitbart.com\/politics\/2021\/11\/04\/wharton-study-build-back-better-will-not-be-free-net-cost-2-42-trillion\/\">estimates<\/a> the Biden agenda will&nbsp;stick American taxpayers with $2.42 trillion in debt.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>CLAIM: Democrat Rep. Cindy Axne (D-IA) claimed last week that President Joe Biden\u2019s Build Back Better agenda will cost Iowans \u201cliterally nothing.\u201d VERDICT: False. Biden\u2019s Build Back Better agenda will &#8230;<\/p>\n","protected":false},"author":15,"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-992177","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\/992177","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\/15"}],"replies":[{"embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/comments?post=992177"}],"version-history":[{"count":0,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/posts\/992177\/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=992177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/categories?post=992177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.conservativenewsdaily.net\/breaking-news\/wp-json\/wp\/v2\/tags?post=992177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}