Wednesday, October 27, 2021

NYP Report Outlines Massive Legislative Gimmicks Being Deployed Within $7.5 Trillion Legislative Package in Biden’s Build Back Better Program

Joe Manchin and Kyrsten Sinema for balking at the original $3.5 trillion price tag, congressional Democrats are finally accepting reality and paring President Biden's social welfare package to between $1.5 trillion and $2 trillion over the decade.

Instead of producing legislation that truly costs $2 trillion over the decade, lawmakers are crafting as much as $4 trillion worth of new initiatives, but simply using fake expiration dates to score only a few years of each proposal.

The idea is to create new federal programs, hook the constituencies on new federal benefits, and then assume that future Congresses and presidents will not dare to allow them to expire.

Democrats have made clear that they want this policy made permanent at a cost of $1.3 trillion over the decade.

The initial reconciliation proposal expanded the policy for just four years, and now the White House is calling for just a one-year extension - effectively hiding nearly $1.2 trillion in upcoming costs.

A proposed new child care program - which a study by the left-wing People's Policy Project shows could raise child care prices by $13,000 per year - would reportedly phase in slowly and expire after a few years.

So to "Pay for" that immediate $90 billion-per-year tax cut, Democrats would actually impose a new SALT cap beginning in 2026 - count that future revenue as an offset - and then quickly cancel the tax before it ever goes into effect.

 ttps://theconservativetreehouse.com/blog/2021/10/27/nyp-report-outlines-massive-legislative-gimmicks-being-deployed-within-7-5-trillion-legislative-package-in-bidens-build-back-better-program/ 

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