Demsโ spending bill may cost taxpayers WAY more than what theyโre letting on
The Committee for a Responsible Federal Budget says the real cost of the reconciliation bill could be nearly $5 trillion.
Accounting games: Democrats are downplaying the price of their massive spending bill, watchdog says
Programs made temporary to cut hide real cost, tax enforcement revenue underestimated, budget watchdog says
The Committee for a Responsible Federal Budget (CRFB) is the loudest among these voices. It released a report Monday saying that the real cost of the reconciliation bill could be nearly $5 trillion if programs that are being artificially cut short are made permanent.
After demands from Democrats in high-tax states like New York and New Jersey, Democrats included an increase to the cap on state and local tax deductions (SALT cap) from $10,000 to $80,000 in their bill.
https://www.foxbusiness.com/politics/budget-tricks-reconciliation-spending-house-pelosi-biden