Nope. Guess again.
|
Nope. Guess again.
I'm not guessing.
Obviously.Quote:
Originally Posted by jlisenbe
You see? Even Athos is agreeing with me.Quote:
Obviously
How about some support here?
Now even if the revenue and expenditure figures prove to be accurate, and of course they never do, then the bill will fall short of revenues. But even at that, in a time where we are falling into such a terrible hole of debt, then instead of controlling spending, we are proposing silly new spending bills. It's unbelievable. It's like telling an addict he needs to get more drugs.Quote:
We’ll go through the numbers.
The CBO said in its Nov. 18 report that the House bill, not including revenue from the IRS enforcement provision, would cost $1.7 trillion in spending and bring in $1.3 trillion in revenue over 10 years, adding a net $367 billion to the deficit. But once we factor in a $207.2 billion revenue impact from the IRS provision — a CBO estimate — the net increase to the deficit is $160 billion over 10 years.
The CBO’s report on provisions of the bill under the purview of the Committee on Ways and Means includes the $207.2 billion in the notes section, explaining that under its scorekeeping guidelines, it can’t include the IRS enforcement impact in the estimate of the legislation.
The Treasury Department believes the impact from spending $80 billion over 10 years on increased IRS enforcement on the wealthy would garner about twice that: $400 billion, which, if correct, would make the Build Back Better Act “fully paid for.”
https://www.factcheck.org/2021/11/cbo-build-back-better-not-quite-fully-paid-for/
Hahahahahaha!!! That's not what he's saying.Quote:
Originally Posted by jlisenbe
When pigs fly.Quote:
Originally Posted by jlisenbe
The Treasury Department believes the impact from spending $80 billion over 10 years on increased IRS enforcement on the wealthy would garner about twice that: $400 billion, which, if correct, would make the Build Back Better Act “fully paid for.”
One way.
Oh well. I notice you haven't bothered to dispute the CBO. I suppose that's progress of a sorts. You see, I was not guessing at all.Quote:
Hahahahahaha!!! That's not what he's saying.
Quote:
Originally Posted by jlisenbe
The Treasury Department believes the impact from spending $80 billion over 10 years on increased IRS enforcement on the wealthy would garner about twice that: $400 billion, which, if correct, would make the Build Back Better Act “fully paid for.”
The CBO does not agree. At any rate, the current catastrophic deficit will continue. I guess you are ok with that?
The CBO is not infallible.Quote:
Originally Posted by jlisenbe
Neither is Biden. However, the CBO IS nonpartisan.
Biden is trying to do the right thing for the people of Afghanistan. Time will tell.Quote:
Originally Posted by jlisenbe
Build Back Better is for the Afghans?
It's more money supposedly being "misspent".Quote:
Originally Posted by jlisenbe
This thread is not about the Afghans. It is about BBB.
Sorry, wrong thread. Too much going on at the same time.Quote:
Originally Posted by jlisenbe
No problem. It has been busy.
By abruptly punching the clock and leaving the people of Afghanistan to the mercies of radical jihadists terrorists . Good job Clueless Joe !Quote:
Biden is trying to do the right thing for the people of Afghanistan. Time will tell.
It's amazing that people here still try to defend him. I wonder how many weapons that 300 mil is going to buy?
We already left enough hardware behind to make the Taliban the most armed terrorist group in the ummah .
| All times are GMT -7. The time now is 01:08 PM. |