Cover the cost

Dear Editor,
President Joe Biden and Democratic House and Senate members claim that both the $1.2 trillion Infrastructure and $1.75 trillion Build Back America bills are fully paid for.
The nonpartisan Congressional Budget Office found that the first bill would add $228 billion and the second bill $367 billion to our $29 trillion and growing national debt over the next ten years.
If they are so confident of this financing scheme, let them all put up their future pensions, 401k’s, stocks, bonds, homes and other assets as collateral. This can serve as a small down payment to cover the inevitable multi-billion dollar shortfall in anticipated revenues to pay for both bills over the coming years.
Sincerely,
Larry Penner
Great Neck

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