Biden's Build Back Better Act Will Likely Cost Twice as Much as the CBO Projects. Here's Why.

President Joe Biden's Build Back Better Act is likely to end up costing taxpayers about double what the official price tag suggests, and much of that hidden cost will end up being added to the national debt.

That's the conclusion from two independent analyses of the proposal released in recent weeks. Both rely on a key assumption that did not figure into the Congressional Budget Office's (CBO) analysis of the bill: that the Build Back Better plan's various policies will be in place for at least the next 10 years....