Here’s Everything That’s Wrong With the Build Back Better Spending Bill House Democrats Just...

https://fee.org/articles/here-s-everything-that-s-wrong-with-the-build-back-better-spending-bill-house-democrats-just-passed/?utm_source=ribbon
Let’s review all the reasons it’s an utterly terrible piece of legislation.
First, the cost is astronomical. The Biden administration and its allies in Congress have repeatedly made false claims about its price tag. They’ve time and time again parroted the claim that the legislation “costs zero” because it supposedly does not add to the national debt and is “paid for” with new tax increases. (It actually does add to the debt, but that’s not the point). Yet this is an absurd argument. As I previously explained:
While it may be more fiscally responsible to pair spending increases with tax hikes, it doesn’t make them cost less. That’s like saying that buying groceries with cash instead of a credit card means the price tag is zero—it’s nonsensical. Every dollar the government spends has to come from somewhere. Whether it’s financed through additional debt or new taxes means that the consequences are different, yes, but there are still costs involved.

The true cost of the legislation, once one accounts for budget gimmicks and dishonest political rhetoric, is up to $4.9 trillion. That’s an astounding $32,000 per federal taxpayer.