In October 2021, Biden even said, "when we talk about the number, we shouldn’t even talk about the numbers.”
The Congressional Budget Office (CBO), which Biden previously called the “gold standard,” estimates the Build Back Better Act would increase the U.S. deficit by $367 billion over the next decade.
The Washington Post fact checker admitted Build Back Broke will increase the deficit and does not support Democrat claims that the bill is “fully” paid for.
The Progressive Policy Institute’s Ben Ritz said, “There is no definition of ‘paid-for’ that the House #BuildBackBetter bill meets.”
Democrats are now attempting to use yet another gimmick by combining the CBO score with the Treasury estimate in order to pacify concerned members of their party.
FACT: AMERICANS MAKING BELOW $400K WILL SEE HIGHER TAXES
Biden has repeatedly claimed that no one making less than $400,000 would see their taxes raised.
October 2020: “Anyone making less than $400,000 will not see a penny in taxes raised.”
May 2021: “Anybody making less than $400,000 a year will not pay a penny [more] in taxes.”
November 2021: “No one in America earning less than $400,000 will pay a single penny more in federal taxes.”