Michael Hiltzik: Stop worrying about the cost of the Biden plan. In budgetary terms, it's pennies
Let's have some fun with numbers — specifically, the big numbers being thrown around in relation to President Biden's spending plan, known as Build Back Better.
We're joking, of course. Math isn't fun at all for many people, no matter how it's dressed up.
In this case, however, placing the big numbers in context will help foster understanding of what is at stake in enacting a program that will bring so much help to middle- and working-class Americans.
This is the program commonly described as a "$1.7-trillion package." It's downsized from a "$3.5-trillion package," the figure that had conservative Democratic Sen. Joe Manchin III of West Virginia absolutely shaking in his boots.
The bigger number provoked Manchin to promise, in the pages of the Wall Street Journal,
You’re reading a preview, subscribe to read more.
Start your free 30 days