New Hampshire Gov. Chris SununuChris SununuThese Senate seats are up for election in 2022 Biden's strategy for midterm elections comes into focus Sununu says he skipped Senate bid to avoid being 'roadblock' to Biden for two years MORE (R) on Sunday dismissed Democrats’ claims that their massive social spending and climate package is fully paid for, arguing “nobody buys that.”
“This idea that this, 'We're going to spend 1.75 trillion, but trust us, it's not going to cost you anything.' Nobody buys that. The American people are smart,” Sununu told co-host Dana BashDana BashNYC mayor says he will reinstitute modified plainclothes police anti-gun unit Sanders says Biden can't count on him to support 'almost any' spending package compromise Sanders says Republicans are 'laughing all the way to Election Day' MORE on CNN’s “State of the Union.”
House Democrats on Friday passed their massive social spending and climate plan, dubbed the Build Back Better Act, after months of negotiations marked by internal party battles.
President BidenJoe BidenUS threatens sweeping export controls against Russian industries Headaches intensify for Democrats in Florida US orders families of embassy staff in Ukraine to leave country MORE has consistently said that the package would be fully paid for, but an assessment from the Congressional Budget Office (CBO) released on Thursday paints a different picture.
The congressional scorekeeper found that when tax credits are included in the package’s top-line number, the total price of the legislation soars above the initial $1.75 trillion framework.
Pressed by Bash on Democrats’ claims that they have ways to offset the cost of the package, Sununu said that raising taxes would hurt lower- and middle-income families.
“Yeah, it's called taxes, right? So one thing, one of the reasons I want to stay as governor is because they keep raising taxes on everybody, in Washington, D.C.,” said Sununu, who recently announced that he will run for reelection as governor of the Granite State instead of waging a bid for the U.S. Senate.
“I keep lowering them and Republican governors keep lowering them for their citizens to offset that inflation, and itself is the worst tax you can put on low and middle income families across America because they got to buy a gallon of gas as much as anybody else,” he added.