Dynamic flip: Democrats warm to budget tool Schumer once dubbed ‘fake math’

Published July 16, 2021 10:30am ET



Democrats are preparing to use projected “long-term economic growth” as one of the ways to pay for their massive social spending bill, a dramatic shift from criticizing the tool as “fake math” when Republicans used it to balance tax cuts.

On Tuesday, Senate Democrats announced reaching an agreement on a go-it-alone $3.5 trillion budget reconciliation proposal framework for spending for “human infrastructure” social programs. They aim to pass the bill using special rules without the need for any Republican support, and aides to Democrats reportedly say that the bill will be paid through “healthcare savings,” new taxes, and “long-term economic growth.”

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