Chris Wallace isn’t known for being the most wildly conservative guy you’ve ever seen, but even he can’t tolerate what he’s seeing from Biden’s White House lately.
Wallace was particularly fired up about the cost of this Build Back Better agenda that the Biden administration claims wouldn’t cost Americans a cent.
Obviously, that is a lie. Of course this will cost taxpayers. Literally everything the government does costs money. Otherwise, how would it get done?
“While they’ve talked that it’s paid for, let’s be real,” Wallace said. “It really isn’t because they’ve done all kinds of typical Washington budget gimmicks like saying, ‘Well, we are going to only do this program for a year or two,’ with the full expectation that it will become so popular that it will end up like, for instance, increased tax child credits, that it will end up being instituted for 10 years. If you took that into effect, it’s not nearly paid for. In addition, the spending happens a lot sooner than the tax revenue comes in. So, I think there is a lot of reason to think that there are going to be some Democrats — it doesn’t take many in the Senate, it only takes one — to say, ‘Let’s just take our foot off the gas pedal for a moment.'”
Wallace pointed to Joe Manchin as a Democrat that’s doing it right. “Joe Manchin by himself, 50th senator, he’s raised great concerns about whether they should just pause in spending all of this federal money.”
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