The Biden-Harris administration’s Build Back Better (BBB) Act is a bad spending bill. But it wasn’t until Friday, December 10, 2021 that anyone fully appreciated how bad it really is.
That was the day the Congressional Budget Office released its estimate of the full cost of H.R. 5376, the legislation containing the BBB Act’s spending. In its updated analysis, the CBO dropped the pretense that politicians would allow the bill’s new spending and welfare measures to expire.
Putting expiration dates on the proposed new spending is the main gimmick the bill’s writers used to hide its full cost from the public. Without