Politics

Biden: “The Cost Of The Build Back Better Bill In Terms Of Adding To The Deficit Is Zero, Zero, Zero. Because We’re Going To Pay For It All”

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There are two big bills in play: The bipartisan infrastructure bill and the reconciliation bill, also called the Build Back Better Act.

The reconciliation bill is a work in progress, with no firm numbers on spending or offsetting revenues.

The Congressional Budget Office says the infrastructure bill will add about $250 billion to the debt. 

The Build Back Better Act could add zero to the national debt if it balances new spending with new revenues.

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