according to the nonpartisan cbo s official estimate, the social policy and climate policy bill would increase the federal deficit by $367 billion over the next ten years, but that is a technical finding that the cbo admits is not reality. the cbo noted that the enhanced irs tax enforcement provisions in the bill would bring in at least an estimated $270 billion of new revenue. but for technical reasons, that piece of the estimate was not included in the official estimate. and if you do include those $207 billion in the revenue included in the overall score, then the bill only adds $160 billion to the deficit over ten years but there s more. there is a competing estimate by the treasury department that says increased tax enforcement would actually generate twice as much, more than twice as much revenue as that cbo estimate.
according to the nonpartisan see vials official estimate, the social policy, and climate policy bill, will increase the federal deficit by 367 billion dollars over the next ten years. but that is a technical finding that they admit is not reality. the cbo noted that the enhanced irs texas enforcement provisions in the bill will bring in at least an estimated 270 billion dollars of new revenue, but for technical reasons, that piece of the estimate was not included in the official estimate. and if you do include those to 270 billion dollars in the revenue, including in the overall score, then the bill only adds 160 billion dollars to the deficit over ten years. but, there is more. there is a competing estimate by the treasury department. that says, increased times enforcement will generate twice as much, more than twice as much revenue as that cbo
jeopardy with progressives planning to block it without a deal to advance democrats $3.5 trillion social and climate policy bill, too key moderate joe manchin says that bill costs too much and the bipartisan bill should pass first. does so much in so many ways, clean energy, everything we talked about reporter: house progressive alexandria ocasio-cortez pushing back. 96%, myself included, of the democratic party is in agreement that we need to pass both bills reporter: he said he s still negotiating in good faith to get there. let s stick to the original plan i would support manchin s priorities he can support my priorities, and we can all win and working families have child care, health care, climate action and infrastructure investment reporter: but congress first order of business remains funding the government making sure after friday federal employees like irs analyst in utah will keep drawing a paycheck. this isn t politics this is my kids groceries. this is makin
bipartisan infrastructure bill. i urge strong bipartisan support for this legislation. reporter: progressive democrats say they ll oppose that bill without a deal to advance democrats $3.5 trillion social and climate policy bill, too. look, the agreement from the very beginning, and we ve been talking about this for months now, is there is one big package. reporter: but the senate s two most conservative democrats haven t signed off on the larger bill. each meeting privately with president biden. progressives think you re dragging your feet, senator. everybody has their own opinion, right? reporter: congress faces a thursday deadline to fund the government or stumble into a shutdown. republicans blocked a vote, demanding democrats take sole responsibility for also lifting the debt limit. reporter: democrats will not get bipartisan help to immediately blow sums on a taxing and spending spree. white house correspondent for pbs news hour, yamiche alcindor.
attack i m going to call you ahead of time i am certain president trump did not intend to attack the chinese. my task at that time was to de-escalate reporter: general milley warning that al qaeda could rebuild itself in afghanistan in as little as 12 months lester thank you. tonight democrats control congress but remain divided over how to move forward on two signature pieces of president biden s agenda while also facing a potential government shutdown. garrett haake is on capitol hill reporter: tonight democrats facing delays, divisions and tough decisions as they struggle among themselves over moving the president s agenda forward. speaker pelosi planning a thursday vote on the trillion dollar bipartisan infrastructure bill. i urge a strong bipartisan support for this legislation reporter: progressive democrats say they ll oppose that bill without a deal to advance democrats $3.5 trillion social and climate policy bill, too. look. the agreement from