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CBO: Build Back Better Not Quite ‘Fully Paid For’

For weeks, President Joe Biden has been saying the Build Back Better plan would be “fully paid for” and would not increase the deficit. But the official congressional scorekeeper in its long-awaited final analysis contradicted the president’s claims.

The U.S. Capitol on Nov. 18, as House Democrats attempted to hold a vote on the Build Back Better legislation. Photo by Samuel Corum/Getty Images.

The disagreement between the nonpartisan Congressional Budget Office and the Treasury Department centers on how much revenue could be raised from a provision giving the Internal Revenue Service more

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