U.S. Sen. Ron Johnson (R-Wis.) issued the following statement on the real cost of President Biden’s and Congressional Democrat’s Build Back Better plan:
“President Ronald Reagan once quipped, ‘Government programs, once launched, never disappear. Actually, a government bureau is the nearest thing to eternal life we’ll ever see on this earth!’ I appreciate the Congressional Budget Office (CBO) recognizing that wisdom when it provided a more honest score of President Biden’s and Congressional Democrat’s Build Back Better (BBB) budget busting plan. Dispelling the lie that BBB is fully paid for and will not ‘add a dime’ to our debt, CBO projects it will add $3 trillion. Oops, guess the Democrats forgot to tell the American people that. This latest example of Democrat governance reveals how dishonest Congressional Democrats are in trying to sell their radical far left socialist agenda to the public.
“Not only would this massive increase in new entitlements add $3 trillion to our already unsustainable level of debt, it would also further exacerbate inflation. Inflation is a tax on everyone, but it hurts the economically vulnerable the most. Retirees on fixed incomes and individuals at the bottom of the economic ladder are particularly hard hit. From open borders leading to a flood of illegal immigration, low or no bail policies increasing crime, the embarrassing and dangerous surrender in Afghanistan, and out of control deficit spending, Democrat control of Congress and the Executive Branch is proving to be even more of a disaster than I thought was possible. I hope the American people are paying close attention.”