Tuesday, October 05, 2021

Chris Wallace fact checks top Biden adviser with basic economics lesson over claim that massive bill will 'cost zero' - TheBlaze

Chris Wallace fact checks top Biden adviser with basic economics lesson over claim that massive bill will 'cost zero' - TheBlaze

For nearly two weeks, Biden administration officials, bolstered by Democratic lawmakers, have been pushing the outright lie that the massive spending bill "costs zero dollars." They claim the net cost of the bill will be offset through tax increases, a claim that has been disproven. In fact, some analyses indicate the bill could add more than $4 trillion to the national debt. The Congressional Budget Office has not yet scored the bill, as ongoing negotiations between lawmakers will alter the final product.

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