Biden's 'Build Back Better' plan needs to be shelved
A review of "Build Back Better" validates the suspicion that President Joe Biden and team are working toward a new kind of America.
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A review of "Build Back Better" validates the suspicion that President Joe Biden and team are working toward a new kind of America.
President Joe Biden’s sweeping reconciliation package could cost considerably more than the White House’s $1.85 trillion estimate, according to budget analysts who have pointed to “gimmicks” used to drive down the number.
Enough on the table to get moderates to a "yes." >> i think where we are is we can't rush the congressional budget office. we've been rushed. but the point is i just feel comfortable that there are sufficient documentations, numerous document tatian. >> but some of the documentation out there says this package is far from paid for. the budget model says the real cost, if the social programs are made permanent, is over $4 trillion. house republicans say today that democrats cannot be in denial and turn a blind eye to the price tag that could potentially add trillions to the debt. >> with the wh...
To you. we'll also return right away to the funeral as soon as it starts. we're technically about 20 minutes away from that. right now the most powerful republican in the house kevin mccarthy is speaking. let's watch. >> 10% of americans say they know what is in this bill according to a cbs poll but i think that's the smaller on the democratic conference. the congressional budget office has not shown the american people exactly how much this bill will cost as required by the congressional budget act and the rules of our house. the cbo reports that they will only arrive as american families get...
On the Table Washington Democrats are considering two motions to boost investment-related revenues. One is a financial transaction tax, or FTT, which would apply to the transactions of stocks, bonds, and derivatives. (Whether the FTT would exempt purchases and redemptions of funds that own such securities is unclear.) The other proposal, touted by President Biden during his speech to Congress, is to hike the capital gains rate on taxpayers who earn more than $1 million. The FTT is a recycled regulation. From 1914 through 1966, the United States imposed a transfer tax on equity sales that was...