President Joe Biden keeps insisting that his infrastructure bill will cost “zero” dollars. The White House tweeted this claim again on October 17th:
Michael Boskin wrote an Op-ed on MSN entitled “Biden wins for ‘the most economically illiterate presidential utterance since Jimmy Carter’”
He went on to say:
President Joe Biden insists that his $3.5 trillion ($5 trillion without the budget gimmicks) “human infrastructure” bill “costs zero dollars” – nothing, nil, nada. While every president makes foolish statements, this must be the most economically illiterate presidential utterance since Jimmy Carter’s demand that the Federal Reserve lower interest rates in the midst of surging double-digit inflation.
Saul Anuzis, President of the 60 Plus Foundation, had this to say:
The Big Lie: Biden is at it again. Somehow, he is trying to convince the American people that by spending $3.5 Trillion dollars that it will cost taxpayers zero. Biden’s Big Lie. It’s 100% demonstrably false.