Committee for a Responsible Federal Budget
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UPDATE: Build Back Better Visualized

Nov 24, 2021 | Other Spending

The House passed the Build Back Better Act (H.R. 5376) last week. When combined with the bipartisan Infrastructure Investment and Jobs Act (IIJA) (H.R. 3684), which President Biden signed into law earlier this month, these two pieces of legislation constitute President Biden's Build Back Better agenda in legislative form.

The Congressional Budget Office (CBO) has released official scores of both bills. CBO estimates the IIJA will cost $573 billion over ten years and add approximately $400 billion to the debt, after accounting for $173 billion of offsets. Meanwhile, based on CBO's scores of individual titles of the bill, we estimate the Build Back Better Act will cost $2.43 trillion over ten years and raise $2.27 trillion in offsetting revenue and other savings, resulting in a net deficit impact of about $160 billion.

Below are updated visualizations of spending and revenue provisions in both bills reflecting CBO's estimates.

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