White House press secretary Jen Psaki said Monday that President Biden’s Build Back Better program will cost Americans who earn less than $ 400,000 nothing.
“Let’s not be stupid for the American public here,” Psaki said in response to a question from White House correspondent Peter Doocy about whether the package will cost “zero dollars,” as the president claimed last week. “What we’re talking about is how much the top tier investments are, which are all paid for, so it doesn’t cost anything. No matter how big or costly the top tier investments are, we have ways to pay for it. .
“So the point is, it’s important to the American public – and to all of your viewers too – that it won’t cost the American public a dollar,” she continued. “We’re going to pay for this by asking the companies, the highest incomes – so people under $ 400,000, should I say – the highest incomes from the companies to cover the costs of these necessary investments.
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When Doocy asked for clarification on whether the plan costs nothing or whether it is free, Psaki added, “The plan does not cost Americans anything who earn less than $ 400,000. If you think that companies that paid no tax last year, large companies should continue to pay no tax, we are happy to have this debate. “
Biden defended a tweet claiming the Build Back Better package will cost “zero dollars” and “add zero dollars to the national debt.” The Washington Post gave Biden “Two Pinocchi” for the claim, which they called “misleading,” warning that the number of his “Pinocchi” on the subject could increase. Psaki and House Speaker Nancy Pelosi, D-Calif., Echoed Biden’s claim.
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