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CBO: Cost estimate for spending bill will be released 'as soon as practicable'
The Hill ^ | 11/09/2021 | NAOMI JAGODA

Posted on 11/09/2021 8:40:46 AM PST by ChicagoConservative27

Congressional Budget Office (CBO) Director Phillip Swagel said Tuesday that the office will start releasing estimates of portions of House Democrats' social-spending bill this week, and that a cost estimate of the full bill will come out "as soon as practicable."

"The analysis of the bill’s many provisions is complicated, and CBO will provide a cost estimate for the entire bill as soon as practicable," Swagel said in a blog post on CBO's website.

The comments come as a small group of moderate House Democrats has sought information about the cost of the bill from CBO prior to voting on the social-spending package.

(Excerpt) Read more at thehill.com ...


TOPICS: Business/Economy; Culture/Society; Government; News/Current Events
KEYWORDS: cbo; cost; phillipswagel; practicable; spending
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What a joke.
1 posted on 11/09/2021 8:40:47 AM PST by ChicagoConservative27
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To: ChicagoConservative27

IOW, NEVER!...............................


2 posted on 11/09/2021 8:41:39 AM PST by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: ChicagoConservative27

Well, you have to pass it so you can find out what’s in it...


3 posted on 11/09/2021 8:42:13 AM PST by DesertRhino (Dogs are called man's best friend. Moslems hate dogs. Add it up....)
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To: ChicagoConservative27

The CBO markup will likely be released on 6th December.It must be controlled by American Marxists.


4 posted on 11/09/2021 8:42:24 AM PST by Candor7 ((Obama Fascism:http://www.americanthinker.com/2009/05/barack_obama_the_quintessentia_1.html))
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To: ChicagoConservative27

An absolutely pathetic sick joke, isn’t it?

“We’ll tell you how much that bill they passed will bankrupt the nation real soon now.”

We are governed by absolutely evil, despicable, vile people, including the 31 R turncoats. BOTH of my own Idaho Senators are in that “Yes” Group of 31.


5 posted on 11/09/2021 8:47:38 AM PST by ProtectOurFreedom (“…in any great disaster, there's a Harvard man in the middle of it.” ~ Thomas Sowell)
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To: DesertRhino
"Well, you have to pass it so you can find out what’s in it...AND how much it will cost you."
6 posted on 11/09/2021 8:48:26 AM PST by ProtectOurFreedom (“…in any great disaster, there's a Harvard man in the middle of it.” ~ Thomas Sowell)
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To: ChicagoConservative27

But Biden told us that the bill will cost nothing!

Rainbows and unicorns. Free money for all with no cost! Big Brother knows best. People who question him are haters and racists.

/sarc


7 posted on 11/09/2021 8:50:08 AM PST by Deo volente ("When we see the image of a baby in the womb, we glimpse the majesty of God's creation." Pres. Trump)
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To: ChicagoConservative27

Absolutely… What a joke.

When I was in the Navy, they had a name for a process where people would just fill out the paperwork to fulfill an obligation. They called it: Gundecking.

It will mean absolutely nothing, it won’t have any basis in reality, it won’t have any bearing on actual costs or revenue.

This is just a giant slush fund for the left. And it’s a big one.


8 posted on 11/09/2021 8:52:46 AM PST by rlmorel (Leftists are The Droplet of Sewage in a gallon of ultra-pure clean water.)
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To: ChicagoConservative27

As soon as possible if they can find a calculator that prints out numbers in the TRILLIONS!


9 posted on 11/09/2021 8:52:51 AM PST by Don Corleone (leave the gun, take the canolis)
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To: ChicagoConservative27
> ...a cost estimate of the full bill will come out "as soon as practicable." <

To be fair, it takes time to properly cook the books.


10 posted on 11/09/2021 8:54:07 AM PST by Leaning Right (The steal is real.)
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To: ChicagoConservative27

I’d like to point out that the CBO isn’t some non-partisan group. The do the bidding of whichever side calls on them.

You can rest assured that whatever numbers they put out will be low by 300% or more.


11 posted on 11/09/2021 8:56:15 AM PST by youngidiot (Race is irrelevant to everyone except the racists )
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To: youngidiot
-- I'd like to point out that the CBO isn't some non-partisan group. --

CBO would disagree, but the definition of "partisan" is stilted. We aren't elected, therefore we are not partisan.

Suffice to say that NOTHING that comes out of the federal government is unbiased. It is all advocacy, it is all misleading at best.

12 posted on 11/09/2021 9:01:16 AM PST by Cboldt
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To: ChicagoConservative27

“...as soon as practicable...”

WTF does that even remotely mean.
LMAOGTFO!


13 posted on 11/09/2021 9:07:07 AM PST by cranked
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To: ChicagoConservative27

I am reminded of General Robert E. Lee’s instruction to General AP Hill, to seize Little Round Top for the Confederacy in the early stages of the Battle of Gettysburg ... “if practicable”.

Hill decided it wasn’t.


14 posted on 11/09/2021 9:07:45 AM PST by ClearCase_guy (Alec Baldwin has killed more people than the Jan 6 protesters. And he will serve less jail time.)
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To: All

Sounds like Biden ordered a slow walk cost analysis b/c The Biden Crime Family is not done looting the trillions, yet.

Trans Secy Gaggergeiger pointed to the Biden bill’s “Reconnecting Communities” provision — a billion dollars — that “we want to get to work right away putting to work to rid the country of racist roads.”

Geiger better act fast.

The Biden Crime Family wants the $billion working for them, too.....in offshore banks.


15 posted on 11/09/2021 9:10:06 AM PST by Liz ( Our side has 8 trillion bullets; the other side doesn't know which bathroom to use.)
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To: ChicagoConservative27

“We have to pass it in order to know how much it will cost...”


16 posted on 11/09/2021 9:13:35 AM PST by Yo-Yo (is the /sarc tag really necessary?)
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To: ChicagoConservative27

“We have to pass it in order to know how much it will cost...”


17 posted on 11/09/2021 9:13:35 AM PST by Yo-Yo (is the /sarc tag really necessary?)
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To: ChicagoConservative27

I’ll do it for them: “We’re Screwed!”


18 posted on 11/09/2021 9:21:43 AM PST by parmamenian (and so it goes!)
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To: ChicagoConservative27

In other words, when the right combo of obfuscating words and the political timing is right.


19 posted on 11/09/2021 9:24:29 AM PST by Starboard
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To: ChicagoConservative27
5-CBB7450-1-BDB-4-CE5-A381-D963-D0-ED1-C43
20 posted on 11/09/2021 9:25:55 AM PST by The Louiswu (Peace to you and may God Bless you all)
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