Political Quotes

“I include in the Record a document from the Committee for a Responsible Federal Budget that shows the true cost of the bill is over $4 trillion. [From the Committee for a Responsible Federal Budget, Nov. 5, 2021] House Build Back Better Bills Are Built on Shaky Foundation The House is slated to vote today on two parts of the President's Build Back Better agenda--the bipartisan infrastructure bill (https://www.crfb.org/blogs/ infrastructure-plan-will-add-400-billion-deficit-cbo-finds) and a reconciliation bill addressing climate change, child care, health care. and other priorities. The following is a statement from Maya MacGuineas, president of the Committee for a Responsible Federal Budget: A fiscally responsible Build Back Better agenda should be fully paid for, gimmick-free, well-targeted based on the country's needs, and enacted in the context of a broader budget. While policymakers should be commended for their efforts to scale back costs and include real offsets, these bills still fall far short of those goals. While President Biden and Members of Congress pledged their agenda would not add to the debt, it is likely that both bills would increase the deficit based on official estimates. The bipartisan infrastructure bill--negotiated by Democrats and Republicans--will add roughly $400 billion (https:// www.crfb.org/blogs/infrastructure-plan-will-add-400-billion- deficit-cbo-finds) to the debt over the next decade.…”