Analysis

Press Secretary Jen Psaki’s Build Back Better Inflation Lie

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White House Press Secretary Jen Psaki made quite the fib in a press briefing, claiming that “no economist out there is projecting that this will have a negative impact on inflation.” Of course, Psaki is referring to Joe Biden’s $1.75 trillion climate change and social policy Build Back Better Act (BBBA). The Congressional Budget Office (CBO) recently confirmed that the public policy will face a $367 billion shortfall and could add $2.5 trillion to the debt if many of the sunset provisions are extended by future sessions of Congress. Psaki also claimed that the BBBA would alleviate inflation pressures, despite…

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