Build Back Better Would Likely Cost Trillions More Than Democrats Claim Opinion
But despite the CBO report’s warning that the legislation could add as much as $367 billion to the federal deficit over the next decade, the White House and congressional Democrats have said the CBO’s estimate proves that the legislation is affordable and will end up costing taxpayers little, if anything, in coming years. At the heart of Democrats’ claim is a legislative proposal to expand the IRS and increase tax enforcement....