C.B.O. Finds That Biden’s Spending Bill Not Fully Paid For

The nonpartisan Congressional Budget Office said on Thursday that President Biden’s sprawling climate change and social policy package would increase the federal budget deficit by $160 billion over the next 10 years. That determination was at odds with Mr. Biden’s pledge to fully pay for the $1.85 trillion legislation but was unlikely to stop House Democrats from approving the bill.

RELATED: Manchin alert: CBO reports BBB would add $3 *trillion* to deficit when gimmicks stripped out

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