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Psaki Calls Official CBO Score On Build Back Better A ‘Fake Score’

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White House Press Secretary Jen Psaki told reporters on Monday that the official score from the Congressional Budget Office (CBO) on President Biden’s Build Back Better Act was a “fake score” because it assumes that the social programs from the bill would be made permanent.

“So the President says that the Build Back Better is not going to add a penny to the deficit. The CBO has this new score, where they assume that social programs are going to be made permanent and in that case, it would add almost $3 trillion,” Fox News reporter Peter Doocy said. “So does that mean that President Biden will commit that these programs are not going to be made permanent?”

“Well, first of all, what we’re talking about here is a fake CBO score,” Psaki claimed, “that is not based on the actual bill that anybody is voting on.”

“The President has conveyed very clearly multiple times publicly, that he would like programs if they’re extended to be paid for,” Psaki added. “That remains his commitment. But it’s important to understand that when you when anybody raises a question about this new CBO score, it is a fake score about a bill that doesn’t exist.

And we should really focus on the actual bill everybody’s going to vote on and considering in Congress right now.”

It should be noted that in 2010, then-vice president Biden said that the nonpartisan Congressional Budget Office (CBO) was the “gold standard.”

“I don’t know one single serious econometric model, from the conservative to the liberals, who would acknowledge anything other than we created a minimum of 1.6 million jobs to – and the estimates from the CBO, which is really a, as you know, the gold standard – no Republican or Democratic questions it – that say we created or saved over two million jobs,” Biden said during an interview with Larry King.

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2 Comments

2 Comments

  1. larry w mcdonald

    December 14, 2021 at 9:09 pm

    Has there ever been a social program that didn’t become permanent?

  2. Joanne Margaret Keller

    December 14, 2021 at 9:29 pm

    Prove it Jen

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Politics

Biden’s Energy Secretary Violated Stock Disclosure Laws 9 Times Last Year

A spokeswoman for Granholm said that the late disclosures were the fault of a “clerical error”

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Photo by JIM WATSON/POOL/AFP via Getty Images

Energy Secretary Jennifer Granholm sold shares of stock 9 times last year between April to October, but did not disclose the sales “within the legally required 45-day window, according to federal disclosure documents”, reports CNBC.

The shares of stock were worth up to $240,000. A spokeswoman for Granholm blamed a “clerical error” saying the secretary paid a late filing fee. Granholm did not file any of the 9 disclosures until December after legal deadlines for all had passed.

The STOCK Act has been in place since 2012, which “expanded the accountability and reporting requirements for financial holdings, both for members of Congress and high-level employees of the Executive Branch like Granholm” reports CNBC.

“The news of Granholm’s apparent violations comes at a time when stock sales by public officials and members of Congress are getting a fresh look” reports CNBC. “During the past week, several members of Congress, both Democrats and Republicans, have introduced or reintroduced legislation that would effectively ban lawmakers and their immediate family members from actively trading stocks while the member is in office.”

According to an analysis by Business Insider’s Dave Levinthal published earlier this month, a total of 54 members of Congress violated the STOCK Act rules just last year alone.

CNBC reports on the suspicious behavior of Granholm:

When President Joe Biden nominated her to be his energy secretary, Granholm signed a detailed Ethics Agreement in which she agreed to give up part-time jobs at the University of California and at CNN, step down from several boards, and sell millions of dollars worth of stock.

On March 22, she reported 23 stock sales, many of them blue-chip companies she had more than $10,000 of shares in.

A few months later in May, Granholm filed more transaction reports detailing how she had exercised stock options in the electric bus and battery company Proterra and then sold all her shares, worth between $1 million and $5 million, on May 24.

But in between the March blue chip sales and the May Proterra sale, Granholm made 6 of the 9 stock sales that didn’t get disclosed until December.

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Trump Says Reports On A Conflict With DeSantis Are ‘Fake News’

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Ron DeSantis

During a Fox News interview on Thursday, former President Donald Trump shot down recent reports claiming that there were rising tensions between the former president and Florida Governor Ron DeSantis, saying it was “fake news” and that DeSantis has “done a really terrific job in Florida.”

Trump’s comments came in response to an article from The New York Times claiming that Trump had a “long-stewing resentment” toward DeSantis.

“For months, former President Donald J. Trump has been grumbling quietly to friends and visitors to his Palm Beach mansion about a rival Republican power center in another Florida mansion, some 400 miles to the north,” The New York Times wrote. “Gov. Ron DeSantis, a man Mr. Trump believes he put on the map, has been acting far less like an acolyte and more like a future competitor, Mr. Trump complains. With his stock rising fast in the party, the governor has conspicuously refrained from saying he would stand aside if Mr. Trump runs for the Republican nomination for president in 2024.”

Hannity said that he was recently told that DeSantis does not think there has been “any conflict or bickering” between the two and that the report was “total BS” from the mainstream media.

“Is he right?” Hannity asked.

“Well, he is right,” Trump responded. “I get along great with Ron. Ron was very good on the Mueller hoax. He was right up front along with Jim Jordan, and all of the rest of them, they were fantastic. The Republicans really stuck together. And it was a great thing. And Ron was one of them. And Ron wanted to run and I endorsed him. And that helped him greatly.”

“And he went on and he’s done a really terrific job in Florida, and I think you know, Ron has been very good,” Trump continued. “He’s been a friend of mine for a long time. It’s totally fake news. I think Ron said last week, he said it very publicly, he says the press is never going to get in the middle of my friendship with Donald Trump, we’re not going to do that stuff. And he said it very strongly, I thought it was very interesting, actually. And very nice. But he said that, and I agree with him on that 100%. No, I have a very good relationship with Ron and intend to have it for a long time.”

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