April 20, 2024

AndronETalksNews

AndronETalksNews

$470B hole: Biden bill’s taxes pay for far less than WH claims, study shows

New York Post

 

The new taxes and tax increases meant to pay for President Biden’s massive $1.75 trillion social spending bill would raise nearly $470 billion fewer than the White House claims — and won’t bring in enough to match the legislation’s total outlay, according to a new analysis from the University of Pennsylvania’s Wharton School of Business.

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