Also this morning, the nonpartisan Joint Committee on Taxation issued their report which shows that Build Back Better is solidly paid for. Specifically, the report finds that the tax-increase provisions in the bill would raise $1.5 trillion over 10 years. This analysis does not include the legislation’s other pay-fors, including prescription drug pricing savings and IRS
Last Thursday, House Democrats proudly put forth our Build Back Better legislation. While it was a reduction in dollars from the original $3.5 trillion package, it was not a reduction in values.
Today, we were honored by the visit from President Joe Biden, who inspired us with his vision and dazzled us with his thorough knowledge of the specifics of the Build Back Better Framework.
Today, we move closer to passing the historic, transformative Build Back Better Act. As we have insisted, we are close to agreement on the priorities and the topline of the legislation, which can and must pass the House and Senate.
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