The simple fact of the matter is that the overwhelming majority of the Reconciliation Package is not paid for at all. This bill is tailor-made to increase the deficit by a whopping $1.75 Trillion dollars and increase taxes on Americans.
This is in addition to the $1.9 trillion already spent in the infrastructure bill and the $2.2 trillion spent in the Covid “relief” package. All told, if the Reconciliation plan passes Congress, we would have added nearly six trillion dollars in new spending in 2021 alone.
For context, Obamacare cost approximately $2.5 trillion over a much longer period. Why do Democrats think we can afford this?