Open Letter to Representative Dave Joyce. I continue my mission of tilting at windmills.
Hello Rep. Joyce, This letter is intended to explain my disagreement with your false statements about Build Back Better that you included in your most recent Weekly Wrap. You stated “The Build Back Better Act is estimated to result in $4 trillion in spending over the next 10 years and add up to $3 trillion to our debt.” That is blatantly false. Your own non-partisan Congressional Budget Office says different: The CBO said in its Nov. 18 report that the House bill, not including revenue from the IRS enforcement provision, would cost $1.7 trillion in spending and bring in $1.3 trillion in revenue over 10 years, adding a net $367 billion to the deficit. But once we factor in a $207.2 billion revenue impact from the IRS provision — a CBO estimate — the net increase to the deficit is $160 billion over 10 years. A deficit of $16 Billion per year for 10 years is not even remotely similar to $3 Trillion. It’s the cost to upgrade ONE of our 270 deployed F-35 jets. As a member of the House Appropriations Committee, you know that and should use the CBO estimates. Without any justification, you complain about spending $80 Billion on IRS enforcement capability to gain back $400 Billion in unpaid taxes. Your letter actually suggests $412 Billion, completely wiping out the deficit from Build Back Better. That is new money from those very tax cheats stealing from me and your other constituents. The Appropriations Committee is supposed to appropriate, not encourage and reassure millionaires and billionaires to put their tax burden on our backs. Finally, your “no” vote on negotiating drug prices kept 79,350 OF YOUR CONSTITUENTS with diabetes at the mercy of the rapacious drug manufacturers. They have increased the price of insulin by 10% per year, every year, FOR 17 YEARS and you voted to allow them to continue their relentless avarice. With that vote, you forfeited your right to lecture anyone about inflation. Sincerely,
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