December 14, 2021 | Rapid Response | RNC Communications

Biden vs. CBO

Rapid Response

So now the Biden administration has resorted to calling the Congressional Budget Office (CBO) “fake.”

Democrats have insisted again and again, including members of Biden’s own administration, that they want to make the spending provisions in Build Back Broke permanent. They’ve even admitted that the time limits placed on the programs are “arbitrary.”

We now know how much that costs. According to new analysis from the Congressional Budget Office (CBO), the true cost of Biden’s Build Back Broke agenda is more than DOUBLE what Democrats advertised if you strip out their budget gimmicks. Without those gimmicks, CBO says the bill would “increase the deficit by $3.0 TRILLION over the 2022–2031 period.”

Reminder, Biden once called the CBO “the gold standard” in economic estimates.

But now that they’re being called out, Press Secretary Psaki insists we should all forget about what Democrats said for months and that the CBO score is “fake.”

 But even when including the Democrats’ gimmicks, the CBO still found that Build Back Broke adds hundreds of billions to the debt.

So they’ve gone from bizarrely claiming Build Back Broke “costs $0,” to falsely claiming it is “fully paid for,” to now calling the CBO score “fake.”

If the Biden administration wants to discount the CBO, they need to explain what programs, if any, they don’t want to extend, and how they plan to pay for any extensions. Otherwise, it’s just more empty promises, rising prices, and middle class tax hikes from Joe Biden.