Economy

WATCH: Biden Insists $4.6 TRILLION in New Spending Will Add ‘Zero’ to the Deficit

posted by Hannity Staff - 10.06.21

President Biden continued to claim that his massive spending proposals will add “zero” to the national debt this week during an event in Michigan, once again insisting no one earning under $400,000 a year will see a “penny in their taxes go up.”

“Best of all, the cost of these bills in terms of adding to the deficit is zero. I made a commitment when I wrote these when I was running, no one making under $400,000 a year will see a penny in their taxes go up,” claimed the President.

 

The President went on to deliver a rambling speech about charging stations, his grandfather, and burying thousands of gallons of gasoline.

“Parenthetically. When you build the charging stations like back in the day when my Grandpop worked for the oil company back in the turn of the, of the 1920, in that area, they went from state to state convincing people that they put that they to allow them to put 20,000 gallons of gasoline under the ground. They didn’t want them around!” said the President.

Watch Biden’s comments above.

FANTASYLAND: Pelosi Says the ‘Dollar Amount’ for Biden’s $3.5 TRILLION Package is Actually ‘Zero’

posted by Hannity Staff - 9.29.21

Speaker of the House Nancy Pelosi continued to tout Joe Biden’s massive $3.5 trillion spending proposal this week, once-again telling journalists that the shocking price-tag will magically cost “zero.”

“It’s not about a dollar amount…the dollar amount, as the president said, is zero. This bill will be paid for,” Pelosi told reporters at the US Capitol.

A frustrated reporter grilled Press Secretary Jen Psaki Tuesday over the Biden administration’s massive $3.5 trillion spending package; asking if the White House understands that somebody ultimately has to pay the price for the spending increase.

“Do you guys acknowledge the broader truth that it does cost somebody?? Right? The cost of the investments the president wants to make, they’re not simply a free lunch, right? Whether they’re going to cost people who smoke cigarettes, or businesspeople, or companies, or rich people… The cost of what the President wants to do falls on somebody, right?” asked one reporter.

“There’s a clear difference between what we’re talking about as it relates to taxpayer funds, or funding that would lead to our debt? Right?” deflected the Press Secretary.

Watch Pelosi’s comments above.

FLASHBACK: Biden, Pelosi Say the $1.9T ‘American Rescue Plan’ Will ‘Cut Childhood Poverty In Half!’

posted by Hannity Staff - 9.30.21

As Democrats rush to pass another $3.5 trillion spending package through Congress this week, users on social media questioned promises made earlier this year when President Biden and Speaker Pelosi both claimed the ‘American Rescue Plan’ would “cut childhood poverty in half.”

“This plan is going to make it possible to cut child poverty in half. Let me say it again: A, significant historic [sic] will cut child poverty in half,” said Biden on March 6.

“Poverty is set to be cut in half this year, with the share of Americans living in poverty set to reach the lowest level on record,” added Nancy Pelosi.

 

 

Democrats now claim the latest $3.5 trillion will actually “cost zero dollars.”

“It’s not about a dollar amount…the dollar amount, as the president said, is zero. This bill will be paid for,” Pelosi told reporters at the US Capitol.

A frustrated reporter grilled Press Secretary Jen Psaki Tuesday over the Biden administration’s massive $3.5 trillion spending package; asking if the White House understands that somebody ultimately has to pay the price for the spending increase.

“Do you guys acknowledge the broader truth that it does cost somebody?? Right? The cost of the investments the president wants to make, they’re not simply a free lunch, right? Whether they’re going to cost people who smoke cigarettes, or businesspeople, or companies, or rich people… The cost of what the President wants to do falls on somebody, right?” asked one reporter.

“There’s a clear difference between what we’re talking about as it relates to taxpayer funds, or funding that would lead to our debt? Right?” deflected the Press Secretary.

Watch Pelosi’s comments above.

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