This week can be fateful for the 46th President of the United States, Joe Biden.
Together with the leaders of the Democratic Party, he is trying to get the so-called “Build Back Better” plan through Congress. The huge climate and welfare package has a cost of 3.5 trillion dollars – a sum equivalent to over 30,000 billion Norwegian kroner.
Republicans have referred to the plan as “a massive bill.” Biden is also experiencing adversity from his own – many Democrats in the Senate are skeptical about how much the plan costs.
On Saturday – just days before the climate and welfare package is to be discussed in Congress – the president issued a statement that has caused several American politicians to react strongly, writes Fox News.
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– Costs zero
– My “Build Back Better” plan costs zero dollars, Biden wrote on Twitter and probably referred to the fact that the package should in principle be financed by increasing taxes and fees – and not government debt.
– Instead of wasting money on tax breaks, loopholes and tax evasion for large companies and wealthy citizens, we can invest in working America. And it does not increase government debt by a penny, he continued.
It set fire to Twitter, and the Biden administration is now accused of being “financially illiterate”.
