
White House continues to push debunked zero-cost claim on Biden's agenda
Fox News
President Biden is sticking to his claim that his Build Back Better agenda will cost the average American taxpayer zero dollars, with the White House declaring Sunday that the $3.5 trillion reconciliation package is "fully paid for by ensuring big corporations and the very wealthy pay their fair share."
"The President's plan won't add to our national deficit and no one making under $400,000 per year will see their taxes go up a single penny," the tweet read. "It's fully paid for by ensuring big corporations and the very wealthy pay their fair share."
Biden and his administration have repeatedly claimed that Build Back Better, a $3.5 trillion reconciliation package, will cost zero dollars, despite multiple analysts rebutting the claim from both sides of the political aisle. The president bases the zero-cost claim on the idea that the package will add nothing to the federal deficit because the cost will be offset by tax increases and other revenue-generating schemes.