Biden Says Social Spending Bill Will Cost ‘Nothing’

“President Biden promised Friday that his sweeping domestic agenda package will cost ‘nothing’ because Democrats will pay for it through tax hikes on the wealthy and corporations, a show of confidence despite the struggles of congressional Democrats to bridge internal divisions on myriad issues,” the Washington Post reports.

“The remarks were an attempt by Biden to assuage some of the cost concerns pointedly expressed by the moderate Democrats about the size of the legislation — composed of significant investments in health care, climate, education and the social safety net — as the bill’s fate teeters on Capitol Hill.”

Said Biden: “It is zero price tag on the debt we’re paying. We’re going to pay for everything we spend.”