In the aftermath of a pandemic marked by even higher levels of deficit spending than usual, Americans are becoming increasingly concerned about rising inflation and debt.
Attempt after attempt (after attempt after attempt after attempt) to float half-baked revenue-raising proposals has floundered, but Democrats have stuck to the line that their upcoming reconciliation bill, known as “Build Back Better” (BBB), will be paid-for. Unfortunately for taxpayers, every nonpartisan organizations that has managed to get enough of a hold on what might actually be in the rather amorphous bill, they have reached the same conclusion — BBB won’t pay for itself, you will.
Read the full story here.