Psaki says $3.5T spending bill costs nothing for people earning less than $400K


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Biden was criticized for a tweet that claimed the Build Back Better package would cost ‘zero dollars’.

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White House Press Secretary Jen Psaki claimed on Monday that President BidenThe Build Back Better agenda will cost nothing to Americans who make less than $400,000.

“Let’s not reduce this to the American public here,” Psaki said in response to a question from White House correspondent Peter Ducey, as the president claimed last week whether the package would cost “zero dollars.” “What we are talking about is how much is the top-line investment, for which everyone is paid, so its cost is zero. No matter what the size or cost of the top-line investment We have methods to pay for it.


“So the point is, it’s important to the American public — and also to all your audiences — that it’s not going to cost the American public a dollar,” she continued. “We are going to pay for this by asking corporations, the highest income – so the ones under $400,000, I should say – the highest income of corporations to cover the cost of these necessary investments.

Stephen Moore Criticizes Biden Advisor Claims of ‘Zero’ Costs for Reconciliation Bill: ‘It’s Not Free’

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When Ducey pressed for clarification about whether the plan would cost nothing or if it was free, Psaki said: “The plan costs nothing to the American people who earn less than $400,000.” If you think companies paid zero in taxes last year. Top companies should continue to pay zero in taxes, we are happy with that debate.”

Biden took flake For a tweet claiming that the Build Back Better package would cost “zero dollars”, and “add zero dollars to the national debt.” The Washington Post gave Biden “Two Pinocchios” for the claim, which he called “misleading”, warning of a growing number of his “Pinocchio” on the subject. Both saki and house speaker Nancy Pelosic, D-Cal., echoed Biden’s claim.

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