Well, color us officially confused!
Just this morning, White House Chief of Staff Ron Klain — who many suspect has a much more hands-on role in Joe Biden’s presidency than the administration lets on — tweeted that the Build Back Better agenda is “twice as big, in real dollars, as the New Deal.”
It's twice as big, in real dollars, as the New Deal was. This can be the Congress that goes from 12 years of universal education to 14 years; the makes the largest investment in fighting climate change ever; that cuts what families pay for child care in half. https://t.co/hpK95CYcxD
— Ronald Klain (@WHCOS) October 28, 2021
But now, here’s the president himself reverting to the “it’s fully paid for” argument.
BREAKING: Pres. Biden: "After months of tough and thoughtful negotiations, I think we have an historic—I know we have an historic economic framework."
"It's fiscally responsible. It's fully paid for." https://t.co/kz5CUZVChh pic.twitter.com/pQoZYfQI4w
— Evan McMurry (@evanmcmurry) October 28, 2021
How can something that costs twice as much as the New Deal in real dollars be fully paid for? Is it fully paid for by no tax increases on anyone making under $400,000 a year except for all the tax increases on anyone making over and under and exactly $400,000 a year?
Selling his new framework, Biden leads with:
1. Fiscal responsibility
2. Relieves inflationary pressure
3. Reduces the deficit.
— Jim Tankersley (@jimtankersley) October 28, 2021
Biden claims that his "Build Back Better" plan "is fiscally responsible. It's fully paid for… It will not add to the deficit at all. It will actually reduce the deficit according to economists." pic.twitter.com/u0kzgNylJp
— X Strategies LLC (@XStrategiesLLC) October 28, 2021
My guy…. which economists? https://t.co/2BACFCTb82
— Alec Sears (@alec_sears) October 28, 2021
It literally does none of these. Might as well add:
4. Makes you a sandwich https://t.co/QIx3U6627i
— Ellen Carmichael (@ellencarmichael) October 28, 2021
3. lie https://t.co/Ai5KGWIv2P
— Nathan Brand (@NathanBrandWA) October 28, 2021
To change your comments display name, click here.