Democratic leaders often criticize the $1.9 trillion price tag of the GOP’s tax reform law but President Biden’s Build Back Better Act exceeds the estimated cost of the 2017 tax reform.
The Congressional Budget Office estimates that Biden’s spending bill would add nearly $3 trillion to deficits over a 10-year period. The Democrats are using the budget reconciliation process to pass the bill in the 50-50 Senate to avoid the legislative filibuster.
The CBO estimated the GOP tax reform would add $1.9 trillion to the deficit over a 10-year period. The GOP used the budget reconciliation process to pass the […]
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