but I'm not sure how that would really benefit anybody, Republicans will just have a new talking point bytching about executive overreach
Inflation Reduction Act: 8/12/22 - $740B Bill PASSES, Biden signs it into law!
- Thread starter FAH1223
- Start date
but I'm not sure how that would really benefit anybody, Republicans will just have a new talking point bytching about executive overreach
AquaCityBoy
Veteran
.
mastermind
Rest In Power Kobe
Let them.
Its something popular, people want it and the president has the power to do it. If the court rescinds that, then people will start getting engaged and demanding more out of anger. Its a bytch move to not do it because you are afraid the courts will rescind it.
OfTheCross
Veteran
CBO to Publish a Complete Cost Estimate for H.R. 5376, the Build Back Better Act, This Afternoon
Posted by
Phill Swagel
on
November 18, 2021
The Congressional Budget Office will publish a complete cost estimate for H.R. 5376, the Build Back Better Act (Rules Committee Print 117-18 incorporating a manager’s amendment by Congressman Yarmuth), this afternoon.
CBO has also published 11 estimates for individual titles of the bill. This afternoon, we will publish estimates for the remaining titles: title XIII, Committee on Ways and Means; and title VI, Committee on the Judiciary.
The complete estimate will be published when the estimate for the last remaining title is posted.
All of CBO’s estimates related to H.R. 5376 can be found here.
Posted by
Phill Swagel
on
November 18, 2021
The Congressional Budget Office will publish a complete cost estimate for H.R. 5376, the Build Back Better Act (Rules Committee Print 117-18 incorporating a manager’s amendment by Congressman Yarmuth), this afternoon.
CBO has also published 11 estimates for individual titles of the bill. This afternoon, we will publish estimates for the remaining titles: title XIII, Committee on Ways and Means; and title VI, Committee on the Judiciary.
The complete estimate will be published when the estimate for the last remaining title is posted.
All of CBO’s estimates related to H.R. 5376 can be found here.
OfTheCross
Veteran
So...$16B a year needs to be cut and we're good
Let's go. Cut the shyt and let's get what we can for now
Let's go. Cut the shyt and let's get what we can for now
OfTheCross
Veteran
Is it possible to take that $16B from the annual Pentagon budget?
We got money lying around in this great country of ours
We got money lying around in this great country of ours
Are you trolling?
OfTheCross
Veteran
id rather help no one because we didnt get everything we wanted
Outline what you’re willing to cut. I’m just making sure you’re not just spitballing. Also be aware that this hill is already one third of the original bill. It’s literally 1/6 of what progressives would’ve suggested. So if you’re going to say cut more you better be prepared to point out where.
Don’t believe the hype of that weirdo @wire28
OfTheCross
Veteran
Bookmarking for when I get home.
Here's all the expenditures to choose from in order to save $160B
Full Estimates of the House Build Back Better Act
Policy Cost/Savings (-)
Family Benefits $585 billion
Establish an affordable child care program (6 years) $270 billion
Establish a paid family and medical leave program $205 billion
Provide universal pre-K to all three-and four-year olds (6 years) $110 billion
Climate & Infrastructure $570 billion
Invest in clean energy & climate resilience $235 billion
Establish or expand clean energy & electric tax credits $190 billion
Establish or expand clean fuel & vehicle tax credits $60 billion
Establish or expand other climate-related tax benefits $75 billion
Enact infrastructure & related tax breaks $10 billion
Individual Tax Credits & Cuts $215 billion
Extend Child Tax Credit (CTC) increase to $3,000 ($3,600 for kids under 6) for one year; make CTC fully refundable permanently $190 billion
Extend expanded Earned Income Tax Credit (EITC) for one year $15 billion
Other individual tax changes $10 billon
Health Care $330 billion
Strengthen Medicaid home- and community-based services $150 billion
Extend expanded Affordable Care Act (ACA) premium tax credits & make premium tax credits available to those in Medicaid coverage gap through 2025 $120 billion
Establish Medicare hearing benefit $35 billion
Invest in the health care workforce $25 billion
Other Spending & Tax Cuts $335 billion
Build & support affordable housing $175 billion
Increase higher education & workforce spending $40 billion
Other spending & investments $120 billion
Reduce or Delay TCJA Base Broadening $280 billion
Increase SALT deduction cap to $80,000 through 2025 $275 billion+
Delay amortization of research & experimentation expenses until 2026 $5 billion'
Enact Immigration Reform $110 billion
Subtotal, Build Back Better Act Spending & Tax Breaks $2.43 trillion
Miles Davis
Prince of Darkness
Let’s go then. Wrap this shyt up so we can focus on voting laws!
