Economy

THIS IS REAL: Top Dem Says CBO Scores ‘Outdated’ Because It Ignores ‘Wellbeing' of Earth

posted by Hannity Staff - 12.13.21

Progressive Democrat Pramila Jayapal dismissed critics this week who claim the President’s ‘Build Back Better’ program will add to the national debt; claiming recent surveys fail to take-into-account the “wellbeing of the aplenet.”

“CBO scores are outdated to start with in terms of what and how they assess. Many new ideas w/out economic data to help generate a score never get scored accurately,” Jayapal, D-Wash., said. “Future savings, inclu (sic) reductions in poverty, wellbeing of planet, don’t get scored.”

“On top of that, if you now tell CBO that they should score not based on what is in the bill but an assumption of what happens if all the programs in the bill get extended for some period of time, that topples all credibility of scores. That’s fictional scoring,” Jayapal added. “GOP asking for score on Build Back Better that extends all the programs to 10 years is completely ridiculous.”

“They want to spend $2.4 trillion and buy with that almost $5 trillion worth of stuff. So the way they’re doing that is by making a number of the policies temporary,” Committee for a Responsible Federal Budget senior vice president Marc Goldwein told Fox News last month.

Read the full report at Fox News.

CARTER 2.0: Southeast Gas Stations Ration Fuel, Cars Line-Up, Drivers Wait for Hours

posted by Hannity Staff - 5.12.21

Americans in the southeastern section of the country had flashbacks of the 1979 Oil Crisis this week when gas stations began rationing fuel in the aftermath of a major cyberattack against a pivotal pipeline.

“The closure of the 5,500-mile Colonial Pipeline, which carries more than 100 million gallons of fuel from Texas to New Jersey each day, has stretched into its fifth day,” reports the New York Post.

“It sparked wild scenes of panic buying across Georgia, Florida, Virginia and South Carolina — with North Carolina Gov. Roy Cooper and Georgia Gov. Brian Kemp even declaring states of emergency in their areas. Kemp also issued an executive order suspending Georgia’s gas tax through Saturday to help offset the costs of higher fuel prices,” adds the newspaper.

“I DON’T HAVE ANY GAS AND THE STATE OF NORTH CAROLINA DOESN’T HAVE GAS!! WHAT IN THE 2021 IS GOING ON !!” one panicked driver tweeted.

“I’ve seen all these cars waiting and I was like, ‘OMG. I have to fill my tank up!’” said another.

Read the full report at the New York Post.

CARTER 2: Biden Refuses to Comment on Whether Colonial Pipeline Paid Hackers Millions in Ransom

posted by Hannity Staff - 5.13.21

President Joe Biden refused to comment Thursday on whether Colonial Pipeline paid an eastern European hacker group upwards of $5 million in ransom money to re-open the pivotal piece of infrastructure here in the United States.

“Were you briefed on the fact that the company did pay the ransom?” asked one reporter.

“I have no comment on that,” said Biden quietly into the camera.

 

A series of critical problems plagued the Biden campaign in recent days, reminding many Americans of the hardships during the late 1970s under President Jimmy Carter.

Significant issues include the threat of inflation, lower-than-expected job growth, tensions in the Middle East, and gas shortages following a cyberattack against a pivotal energy pipeline in the southeast.

Despite the pipeline re-opening late Wednesday night, thousands of stations throughout the southern United States remain without gasoline.

“His team no doubt was prepared to unleash Biden to perform a little victory dance at the White House celebrating the stupendous number. But the show had to be hastily revamped when the actual tally came in nearly three-quarters-of-a-million jobs lower than expected; just 266,000 jobs created and unemployment unexpectedly rising to 6.1%,” reports Fox News.

“Today, there is more evidence our economy is moving in the right direction,” Biden said. “This is progress. This is a testament to our new strategy,” he said. “We’ve got work to do, to state the obvious, we have work to do.”

“U.S. Customs and Border Protection revealed Tuesday that migrant encounters jumped yet again this past April: over 178,000 in all, nearly a tenfold increase from 2020 and still above levels seen in the 2019 surge at the Mexico border,” adds Fox.

Read the full report here.

 

Watch Biden’s comments above.

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