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Dear Leader Biden’s Spending Plan Pushes Deficit up by $3 Trillion

by Bob Unruh
December 10, 2021
in Lede, News, Top
Reading Time: 2 mins read
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Dear Leader Biden's Spending Plan Pushes Deficit up by $3 Trillion

When the control-centric and expensive Obamacare was being shoved through Congress a decade ago, Rep. Nancy Pelosi infamously told Americans Congress would have to adopt the extravagant plan in order for them to know what’s in it.

Article by Bob Unruh from our news partners at WND News Center.

Now, it appears they will be finding out at least a bit of what’s in the latest Democrats’ spending spree, Joe Biden’s latest proposal, before it can become the law.

The Washington Examiner, in fact, cited the Congressional Budget Office over its reporting that if Biden’s temporary measures in the plan are made permanent, it would push the deficit up another $3 trillion.

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The Examiner explained, “The numbers were requested by Republicans, who have criticized the Democratic plan as being riddled with budgetary gimmicks to make it appear to cost less. The legislation has several spending items that sunset early that, if made permanent as Democrats intend them to be, would balloon the cost of the bill.”

The report described the information as “a blow” to Biden’s attempts to shove the spending spree through Congress.

Those efforts have been stymied so far by Sen. Joe Manchin, D-W.Va., and others who have raised alarms about the costs.

The Examiner reported, “The initial scoring from the CBO only accounted for the legislation as written, sunsets included. The CBO first said the legislation would increase federal deficits by $367 billion over the next 10 years.”

But the Joint Committee on Taxation has charged that the Democrats’ child tax credit alone could end up costing $1.6 trillion over the next decade after the party expanded those cash handouts.

That there is concern about the costs became evident when Treasury Secretary Janet Yellen sent out a statement late Thursday, trying to minimize the impact of the looming estimate.

“She said President Joe Biden has vowed to pay for any extensions of the legislation’s provisions and that ‘it is inappropriate to judge this legislation based on an assumption that future acts of Congress won’t be paid for,’” the report said.

She wrote, “The Congressional Budget Office is expected to release its analysis. … This should not be confused with a score of the Build Back Better Act, which was already released. Instead, this analysis is of a bill that the House did not pass, the Senate is not considering, and the president — who has committed to paying for permanent investment — would not sign.”

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But the Committee for a Responsible Federal Budget has confirmed that the actual costs of the Democrats’ spending plans would be about $4.9 trillion – far higher that the Democrats’ party estimates of under $2 trillion.

The Examiner said, “The new scoring will make passing the spending legislation ever the more difficult.”

Image by Gage Skidmore from Peoria, AZ, United States of America, CC BY-SA 2.0, via Wikimedia Commons.



Most “Conservative” News Outlets Are on the Big Tech Teat

Not long ago, conservative media was not beholden to anyone. Today, most sites are stuck on the Big Tech gravy train.

I’ll keep this short. The rise of Pandemic Panic Theater, massive voter fraud, and other “taboo” topics have neutered a majority of conservative news sites. You’ll notice they are very careful about what topics they tackle. Sure, they’ll attack Critical Race Theory, Antifa, and the Biden-Harris regime, but you won’t see them going after George Soros, Bill Gates, the World Economic Forum, or the Deep State, among others.

The reason is simple. They are beholden to Big Tech, and Big Tech doesn’t allow certain topics to be discussed or they’ll cut you off. Far too many conservative news outlets rely on Google, Facebook, and Twitter for the bulk of their traffic. They depend on big checks from Google ads to keep the sites running. I don’t necessarily hold it against them. We all do what we need to do to survive. I just wish more would do like we have, which is to cut out Big Tech altogether.

We don’t get Google checks. We don’t have Facebook or Twitter buttons on our stories. We don’t have a YouTube Channel (banned), an Instagram profile (never made one), or a TikTok (no thanks, CCP). We’re not perfect, but we’re doing everything we can to not owe anything to anyone… other than our readers. We owe YOU the truth. We owe YOU the facts that others won’t reveal about topics that others won’t tackle. And we owe America, this great land that allows us to take hold of these opportunities.

Like I said, I don’t hold other conservative sites under too much scrutiny over their choices. It’s easy for people to point fingers when we’re not the ones paying their bills or supporting their families. I just wish there were more who would make the bold move. Today, only a handful of other major conservative news outlets have broken free from the Big Tech teat. Of course, we need help.

The best way you can help us grow and continue to bring proper news and opinions to the people is by donating. We appreciate everything, whether a dollar or $10,000. Anything brings us closer to a point of stability when we can hire writers, editors, and support staff to make the America First message louder. Our Giving Fuel page makes it easy to donate one-time or monthly. Alternatively, you can donate through PayPal or Bitcoin as well. Bitcoin: 3A1ELVhGgrwrypwTJhPwnaTVGmuqyQrMB8

Our network is currently comprised of six sites:

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We are also building partnerships with great conservative sites like The Liberty Daily and The Epoch Times to advance the message as loudly as possible, and we’re always looking for others with which to partner.

Some of our content is spread across multiple sites. Other pieces of content are unique. We write most of what we post but we also draw from those willing to allow us to share their quality articles, videos, and podcasts. We collect the best content from fellow conservative sites that give us permission to republish them. We’re not ego-driven; I’d much rather post a properly attributed story written by experts like Dr. Joseph Mercola or Natural News than rewrite it like so many outlets like to do. We’re not here to take credit. We’re here to spread the truth.

While donations are the best way to help, you can also support us by buying through our sponsors:

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We know we could make a lot more money if we sold out like so many “conservative” publications out there. You won’t find Google ads on our site for a reason. Yes, they’re lucrative, but I don’t like getting paid by minions of Satan (I don’t like Google very much if you couldn’t tell).

Time is short. As the world spirals towards The Great Reset, the need for truthful journalism has never been greater. But in these times, we need as many conservative media voices as possible. Please help keep NOQ Report and the other sites in the network going. Our promise is this: We will never sell out America. If that means we’re going to struggle for a while or even indefinitely, so be it. Integrity first. Truth first. America first.

Thank you and God Bless,
JD Rucker

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All ORIGINAL content on this site is © 2021 NOQ Report. All REPUBLISHED content has received direct or implied permission for reproduction.

With that said, our content may be reproduced and distributed as long as it has a link to the original source and the author is credited prominently. We don’t mind you using our content as long as you help out by giving us credit with a prominent link. If you feel like giving us a tip for the content, we will not object!

JD Rucker – EIC
@jdrucker


 

Tags: Budget DeficitBuild Back BetterDeficitEconomyJoe BidenLedeSpendingTop StoryWND News Center

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