[ad_1]
White House press secretary Jen Psaki admitted on Tuesday that President Joe Biden’s Build Back Better program would come at a cost, saying the White House was asking top US incomes to “pay more” to cover the costs. .
In a question from a reporter, Psaki was asked if the Biden administration would “recognize the wider truth than it costs anyone? Right?”
“There’s a definite difference to what we’re talking about in terms of taxpayer funds or funding that would lead to our debt, isn’t it, which I know a lot of Republicans are supposed to be concerned about,” Psaki said. “Fifty of the best companies last year in 2020 didn’t pay a dollar in taxes. Many high-income people pay lower tax rates than nurses and teachers. No one thinks that is. fair. Yes, we ask them to pay more. Yes, it will cost them more. “
Biden was criticized by analysts and lawmakers over the weekend after sharing a tweet claiming his Build Back Better plan “costs zero dollars.”
“My Build Back Better program costs zero dollars,” Biden’s account tweeted. “Instead of wasting money on tax breaks, loopholes and tax evasion for big business and the rich, we can make a one-time investment in working America. And that doesn’t add a dollar to the national debt. . “
Republicans have torn up Build Back Better, which includes a $ 3.5 trillion spending program, as a massive bill that “ultimately provides benefits to wealthy liberal elites at the expense of working class families.”
Moderate Democrats, like Sen. Kyrsten Sinema, D-Ariz., And Joe Manchin, DW.Va., and Rep. Stephanie Murphy, D-Fla., Have also raised concerns on the package, the latter noting that the bill lacks cost analysis by the Congressional Budget Office.
“I don’t think we can afford everything,” Murphy said. “Unless something changes, I have no choice but to vote no on every subtitle [n the bill] and during the last pass. “
Fox News’ Cortney O’Brien contributed to this article.
[ad_2]
Source link