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Summary of Cost Estimate for the Build Back Better Act

5 点作者 drocer88超过 3 年前

3 条评论

WalterGR超过 3 年前
&quot;CBO estimates that enacting this legislation would result in a net increase in the deficit totaling $367 billion over the 2022-2031 period, not counting any additional revenue that may be generated by additional funding for tax enforcement.&quot;<p>As one comparison, &quot;[Steven Mnuchin&#x27;s] own department’s analysts now peg the 10-year cost [of the Trump administration&#x27;s tax cuts] at $2.3 trillion given the administration’s assumption that tax breaks for individuals and large estates will be extended past 2025.&quot; (Politico)<p>The spending deficit of the US government will be $2.8 trillion in 2021. $367 billion &#x2F; 10 years = 1.3% of the 2021 deficit.
biren34超过 3 年前
I have no idea of what&#x27;s in this bill or not, but the very concept of &quot;cost&quot; in this case seems misleading.<p>What&#x27;s the &quot;cost&quot; of <i>not</i> investing in our nation&#x27;s infrastructure?
missinfo超过 3 年前
I just looked at the Build Back Better bill for the first time. It&#x27;s 2,135 pages. How many people actually read and understand such a thing before deciding whether it should be passed or not?
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