ST Alpha - "not sure of your source for that number, CBO website says BBB will increase the deficit by $367 billion, cumulatively, over ten years -- (edited)" (Reading a Post)

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In response to "Decreases the deficit by $127B -- nm" by Volnelk

not sure of your source for that number, CBO website says BBB will increase the deficit by $367 billion, cumulatively, over ten years -- (edited)

Posted by znufrii Nov 18 '21, 15:16

not counting projections of increased revenue from additional funding for IRS enforcement.

https://www.cbo.gov/publication/57627 (www.cbo.gov)

Responses:

Which realistically is a rounding error in the budget. -- nm - pmb Nov 18, 15:24 5
- not quite that small. Quick and dirty I figure it's about 0.6% of total annual federal spending (~$6.0t), or about 5% of non-defense discretionary spending (~$700b). -- nm* - znufrii Nov 18, 15:29 4
  - I would consider .6% essentially a rounding error (especially at these numbers). -- nm - pmb Nov 18, 15:48
  - (again, not including the IRS enforcement revenue) -- nm - znufrii Nov 18, 15:37 2
    - Which I think CBO is banned from including for some reason. -- nm - spamlet Nov 18, 15:40 1
      - "...under guidelines agreed to by the legislative and executive branches..." - znufrii Nov 18, 15:43
But what's in it for ME?! -- nm - Mop Nov 18, 15:21 3
- I can find the multi-thousand page bill again if you want to read it. -- nm - spamlet Nov 18, 15:36
- Only direct positive for me, as far as I am aware so far, is the extension of the enhanced child tax credit. -- nm - znufrii Nov 18, 15:24 1
  - I don't qualify, so I don't like it, and I want it to burn! -- nm - Mop Nov 18, 15:29

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