367 Billion News Today

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To $367 billion is in red ink. the real bill they say is 4.7 trillion in spending and $3.367 trillion in red ink. added to the national deficit. why? because of the gimmicks in the bill. this is what joe manchin has been concerned about all along. it has ten years of revenue. in the existing b.b.b. bill, it says were going to pay for three programs for one year out of the ten years. we have one program to pay for for two years. nine programs for three years. one program for four, one for five an...

$3 trillion over the next decade. three trillion dollars. as the bill is currently written, the cbo estimates it would only add $367 billion to the bunlt deficit over a decade. okay? so 3 trillion, versus 367 billion. okay. that is night and day and it is dramatic. and the thing here is that is because as the bill was written, it was written over a ten-year time horizon but to make the math work, they assumed certain programs would only be around for a year. like the child tax credit. that key p...

Protection, $25 million for environmental justice initiatives, $150 billion in housing grants which would be available to felons, actually. it expands medicaid and eligibility to the inches cars rated and makes felons and illegal immigrants eligible for up to $45,000 a year in federal benefits. they predict it would add $367 billion to the national deficit over 10 years and speaking of debt, the debt ceiling was pushed back in october. it must either be pushed back again or boosted because the d...

And tried to incorporate more divergent views and that makes close votes like this more difficult because when youve got 50 votes in the senate. 50 vetoes. i think on a technical matter i dont think aocs claim that they -- that the house only voted for it from promises in the senate. if you remember, joe manchin said at the time he would not pre-commit to a bill but he didnt know what was going to be in it and they hadnt specified what was in it. he wanted to get a cbo score. it will be smaller ...

Remember. talking to the new york times, the lawmaker is calling on president biden to bypass congress and take executive action, saying in part, why are we taking this as a legislative compromise when the opportunity is so much greater or when biden could do this stuff with a stroke of a pen and is just reminding us that he is not choosing to. i have a lot of trouble reading her writing. im glad she doesnt write for us. she says empty promises were made to progressives and she is not guaranteei...

Back to the house. so we have another bite at the apple here. carley: the congressional budget office estimates the bill will raise the national deficit $367 billion over the next 10 years. even though the white house claims the bill is fully paid for. and former president trump says he thinks americans are ready to fight back against democrats radical agenda at the polls. watch. >> this country has tremendous potential. tremendous. but were giving it away and there will be a point, there will b...

Pen. kevin mccarthy is predicting whats next. >> if it fails in the senate it dice. if the senate changes it, any of those changes has to come back to the house. so we have another bite at the apple here. cheryl: and according to the cbo the plan would add $367 billion to the deficit over the next 10 years, this is the cbo, nonpartisan. remember, the president keeps saying its not going to cost anything. but not so sure. todd: we need to show aoc how a bill becomes a law thing from the 70s. >> i...

Same page. they want to get this across the finish line, but when they come back from thanksgiving, the reality is there are going to have to be a lot of changes made to the house-passed build back better act in order for this to get to president bidens desk. you have a pathway to citizenship for undocumented immigrants. thats something a group of senate democrats are working on right now. you have medicaid expansion, only money for hearing aids is in the bill. well, senator bernie sanders has o...

Change and then it will go back to the house. how confident are you that joe manchin and kyrsten sinema will hold the line. are there other democrats will vote no? on the bill back better plan that is headed to the senate? >> every day that passes, there are more democrats that have more questions. the c.b.o. score when they came out and said it is 367 billion in new debt, deficit spending over five years. joe biden is totally wrong on this bill. youre looking at nearly a trillion dollars worth ...