The White House continued pushing a massive lie about the $3.5 trillion reconciliation package on Sunday—that President Biden’s Build Back Better agenda won’t cost the average American taxpayer anything.
“The cost of the Build Back Better Agenda is $0,” the tweet said. “The President's plan won't add to our national deficit and no one making under $400,000 per year will see their taxes go up a single penny.
"It's fully paid for by ensuring big corporations and the very wealthy pay their fair share,” the tweet added.
The cost of the Build Back Better Agenda is $0.
— The White House (@WhiteHouse) October 17, 2021
The President's plan won't add to our national deficit and no one making under $400,000 per year will see their taxes go up a single penny. It's fully paid for by ensuring big corporations and the very wealthy pay their fair share.
The claim has been debunked by multiple analysts but the White House and administration officials have continued to double down. Fox News’s Chris Wallace, when confronted with Biden senior adviser Cedric Richmond repeating the claim on “Fox News Sunday,” corrected him on the spot but Richmond dug in. Wallace later said the claim “may be the dumbest spin line I’ve ever heard” during his 40-plus years in Washington.
Insider columnist Josh Barrow pointed out that "'cost' is not a synonym for 'deficit impact.'"
“cost” is not a synonym for “deficit impact.” Also, I’ll be very surprised if the real deficit impact is $0, but we won’t have clarity on that until there’s a deal.
— Josh Barro (@jbarro) October 17, 2021
Many others criticized the administration for pushing the false talking point as well.
The facts:
— Tommy Pigott (@TommyPigott) October 18, 2021
The cost of the Build Back Broke agenda is $3.5T.
Per a WSJ analysis, the cost could be as high as $5.5T.
The Joint Committee on Taxation says families making as little as $50K could see tax hikes. The Tax Foundation found that 80% of taxpayers would be POORER. https://t.co/hzpVl6uhxF
lol false, even if you skip the insulting $0 part and move to the additional lying part about $400k https://t.co/2A858Erjrw
— Guy Benson (@guypbenson) October 17, 2021
Seriously, if the Biden plan were defensible, why would they lead with the obvious lie that it’s FREE? https://t.co/xYpEzs9Oh7
— Tim Murtaugh (@TimMurtaugh) October 18, 2021