Biden pays for his trillion-dollar bills with falling popularity
By Editorial Board - The Washington Times - Sunday, November 28, 2021
OPINION:
The higher the mountain of overspending President Joe Biden builds, the faster his popularity tumbles down its steep slopes. It’s no surprise but common sense: Americans would not have succeeded in fashioning the world’s most robust economy if they were slow to condemn financial blunders.
On Thursday, the nonpartisan Congressional Budget Office (CBO) released an anxiously awaited analysis finding Mr. Biden wrong to swear his $1.75 trillion Build Back Better Act would be fully paid for. Rather, said the CBO, it would add $367 billion to the federal deficit over the next decade. Not even the president’s recent colonoscopy could discover where he came up with his funky budget numbers.
No matter. Rather than clean up the sloppy, 2,000-page bill, Speaker Nancy Pelosi pushed it through the House on a nearly party-line, 220-213 vote. For Democrats, “the land of the free” takes on new meaning as they savor the thought of truckloads of cash enlarging their massive social welfare and regulatory state.
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