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Peter doocy. let's go to the guy you see run the congressional budget office. doug, you know, the cbo, i understand this idea between static accounting and looking at things that can be effected in an active way with programs that can make it hard to predict what you'll get out or the revenues that it can generate. right now it's a $367 billion gap over ten years between what is being spent and what is coming in. that can change. didn't seem to bother democrats who ended up voting for it, say one, so maybe this was an exercise in futility. what do you think? >> oh, i don't think so. we learned...

According to the nonpartisan cbo's official estimate, the social policy and climate policy bill would increase the federal deficit by $367 billion over the next ten years, but that is a technical finding that the cbo admits is not reality. the cbo noted that the enhanced irs tax enforcement provisions in the bill would bring in at least an estimated $270 billion of new revenue. but for technical reasons, that piece of the estimate was not included in the official estimate. and if you do include those $207 billion in the revenue included in the overall score, then the bill only adds $160 billio...

>> we are back with the fox news alert, kevin mccarthy wrapped up the longest speech in house history, declaring a vote on president biden's massive spending bill. the >> the longest i have ever given. the longest one minute ever given in this body. there is a reason why. this is a tipping point. the american people have spoken the democrats did not listen. >> mccarthy's marathon speech unlikely to change the outcome. the house will reconvene at 8:00. democrats are believed to have the votes to pass it before it goes to the senate. always comes as the congressional budget office estimates the ...

What you do with your money is to decide, not washington bureaucrats. >> mccarthy's beating nancy pelosi, back in 2018. mccarthy's last-ditch delay was to stall passage of the bills back better bill, the nonpartisan congressional budget office estimates the bill will add $367 billion over the next decade. the deficits are closer to $160 billion, that is not 0 like the president has claimed. >> doesn't cost a cent. $1.75 billion, guess what, it is paid for. >> this is in some gigantic bill but it happens to ordinary people. it is fully paid for.

>> kevin mccarthy has been speaking for almost 50 minutes on the house floor so far. the house is poised to vote on this bill in the next hour. let's crunch the numbers. the evaluation of the bill by the congressional budget office was keying. the bill as about $160 billion to the deficit over a decade. the overall figure is $367 billion, but the cbo analysis does not account for an additional $200 billion in revenue from enhanced irs enforcement. this means the bill increases the deficit. listen. >> so, america, the results are in. now we know, it was all. nonsense. just nonsense. the claim t...