Comments posted organically
SelectSmart.com Homepage
Display Order:

Trump's sacrilegious Bible scam. If people don't recognize Trump as a phony now, they never will.
Religion by Curt_Anderson     March 27, 2024 1:54 pm (Rating: 0.0) Last comment by: Curt_Anderson (16 comments) [249 views]


Supreme Court Gets Jan 6. Defendant Out of Jail
Dungeons & Dragons by oldedude     March 27, 2024 8:55 pm (Rating: 0.0) Last comment by: HatetheSwamp (1 comments) [8 views]


Trump's co-conspirators face disbarment.
Law by Curt_Anderson     March 27, 2024 8:29 pm (Rating: 0.0) Last comment by: Indy! (1 comments) [9 views]


J6 investigative committee recommends that Trump be charged with four crimes.
Law by Curt_Anderson     December 19, 2022 12:05 pm (Rating: 0.0) Last comment by: oldedude (20 comments) [397 views]


You don't have to be delusional to work for the RNC....wait, actually you do.
Politics by Curt_Anderson     March 27, 2024 4:48 pm (Rating: 0.0) Last comment by: Indy! (1 comments) [6 views]


Kari Lake won't contest claims she defamed Arizona election official
Law by Curt_Anderson     March 27, 2024 4:35 pm (Rating: 0.0) Last comment by: Indy! (3 comments) [86 views]


Former Sen. Joe Lieberman has died
Politics by HatetheSwamp     March 27, 2024 2:53 pm (Rating: 0.0) Last comment by: Curt_Anderson (2 comments) [25 views]


Robert F. Kennedy Jr. and Donald Trump to compete for low information voters.
Politics by Curt_Anderson     March 27, 2024 12:59 pm (Rating: 0.0) Last comment by: Indy! (2 comments) [41 views]


No Labels: No principles, no positions, now no candidate.
Politics by Curt_Anderson     March 18, 2024 5:15 pm (Rating: 0.0) Last comment by: Indy! (3 comments) [42 views]


Biden enjoys a post-SOTU bump in polls.
Politics by Curt_Anderson     March 27, 2024 2:59 pm (Rating: 0.0) Last comment by: Curt_Anderson (1 comments) [11 views]


Government selectors, pages, etc.
Democrats’ $1.8 Trillion Spending Plan Could Add $367 Billion To Budget Deficit In 10 Years Despite New Taxes, CBO Finds
By HatetheSwamp
November 19, 2021 4:15 am
Category: Government

(0.0 from 0 votes)
Rules of the Post

SelectSmart.com SelectSmart.com SelectSmart.com


Rate this article
5 Stars
4 Stars
3 Stars
2 Stars
1 Star
0 Stars
(5=best, 0=poor)

From FORBES:

"The Congressional Budget Office on Thursday finished assessing Democrats’ sweeping $1.8 trillion social spending proposal and concluded it would add about $367 billion to the nation’s budget deficit over the next decade, falling short of claims the package would fully pay for itself—even with additional revenue from tax enforcement activities...

Despite the worse-than-expected findings, it’s not yet clear it’ll be a dealbreaker for House Democrats: Rep. Kurt Schrader (D-Ore.), who withheld support for a vote until CBO’s scores were released, said this week he wouldn’t be “dissuaded” by a lower score because the agency doesn’t include revenue from certain investments in its projections."


For everything else you can say about Nancy Pelosi, she's a historically effective Speaker. Despite the implications for 022, and even for passage the Bill in the Senate, she'll get the BBB passed in the House.

What amazes and impresses me is that she can convince purple district Dems to commit political suicide and to sacrifice their careers over a gross piece of legislation that will raise taxes on the middle class and increase the deficit by a third of a $trillion.


Cited and related links:

  1. forbes.com

Comments Start Below


The views and claims expressed by contributors are their own and do not necessarily reflect the views and beliefs of SelectSmart.com. Not every statement made here can be assumed to be a fact.
Comments on "Democrats’ $1.8 Trillion Spending Plan Could Add $367 Billion To Budget Deficit In 10 Years Despite New Taxes, CBO Finds":

  1. by HatetheSwamp on November 19, 2021 6:23 am

    As of about 9:10 ET, the House began voting on passage of the BBB bill. Im guessing there will be about 120 votes in favor.
    View Video


  2. by HatetheSwamp on November 19, 2021 8:48 am

    Btw, that 120 votes was a typo. It was supposed to be 220.

    And, that's exactly what the vote was. Congrats to Nancy. Condolences to the 30 to 40 Dems who just kicked their congressional careers goodbye.

    A remaining question is how many fewer than 200 Dems there will be in the House after the 022 election.

    The Swamp reigns!


  3. by Curt_Anderson on November 19, 2021 8:56 am
    So in other words about 1,000 times fewer dollars than Trump added to the deficit.

    Trump added about $3.9 trillion to deficits so far, budget group says

    Tax overhaul, higher-than-expected spending make up most of overage



    Trump’s Wasteful Tax Cuts Lead To Continued Trillion Dollar Deficits In Expanding Economy

    marketwatch.com
    forbes.com


  4. by HatetheSwamp on November 19, 2021 9:11 am

    Curt,

    Yeah, Trump Trump Trump Trump...Trump.

    I wasn't aware that you were a supporter Trump's handling of the economy.

    Let's not forget that the economy was already running a deficit before the BBB debacle. The flatulent fool just added to the deficit, though he promised that that the measure would pay for itself, which it ain't.


  5. by Curt_Anderson on November 19, 2021 9:21 am
    I noticed your Tourettes tic kicks in whenever you are flustered by facts.


    The CBO score does not attempt to calculate in potential savings from the build back better plan. In particular the stepped-up IRS enforcement is calculated to increase tax revenues by more than their projected deficit.


  6. by HatetheSwamp on November 19, 2021 10:26 am

    Bullfernerner.


  7. by Donna on November 19, 2021 10:38 am
    The US spent $750 billion in 2020 on "defense" and no one bats an eye.


  8. by HatetheSwamp on November 19, 2021 11:44 am

    Well, you did. Obviously.


  9. by Donna on November 19, 2021 11:47 am
    Many Americans do. I guess by "no one", I mean no one outside of the progressive media.


  10. by Curt_Anderson on November 19, 2021 1:46 pm
    Military spending becomes a lot more tolerable when you realize that much of it goes to social safety net expenses such as the medical care provided by the VA. Also the military does a lot of humanitarian work including helping Afghanistan refugees with relocation.


  11. by Donna on November 19, 2021 1:53 pm
    How is the defense budget allocated?

    The majority of the overall defense budget, $690 billion in FY2020, was spent by the Department of Defense (DoD) on military activities. The remaining $34 billion was spent on defense-related activities carried out by other agencies, such as the Department of Energy and the Federal Bureau of Investigation.

    Breaking down the $690 billion, we find that it supported a broad range of activities. The largest category, operation and maintenance, cost $279 billion in 2020. It covers the cost of military operations such as training and planning, maintenance of equipment, and most of the military healthcare system (separate from outlays made by the Department of Veterans Affairs). The second largest category, military personnel, supports the pay and retirement benefits for service members and cost $161 billion in 2020.

    Several smaller categories accounted for the rest of DoD spending. Procurement of weapons and systems cost $139 billion in 2020 and nearly $100 billion was spent on research and development of weapons and equipment. The military also spent over $10 billion on the construction and management of military facilities, such as barracks and family housing, and $1 billion on a number of miscellaneous activities.
    pgpf.org


Go To Top

Comment on: "Democrats’ $1.8 Trillion Spending Plan Could Add $367 Billion To Budget Deficit In 10 Years Despite New Taxes, CBO Finds"


* Anonymous comments are subject to approval before they appear. Cookies Consent Policy & Privacy Statement. All Rights Reserved. SelectSmart® is a registered trademark. | Contact SelectSmart.com | Advertise on SelectSmart.com | This site is for sale!

Find old posts & articles

Articles by category:

SelectSmart.com
Report spam & abuse
SelectSmart.com home page