Latest
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CBO Estimates a Permanent Build Back Better
The Congressional Budget Office (CBO) today released an estimate of how much it would cost to make most temporary provisions in the House-passed Build...
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Two-Thirds of the “One Percent” Get a Tax Cut Under Build Back Better, Due to SALT Relief
Last month, we showed that the House-passed Build Back Better Act would cut taxes for roughly two-thirds of those earning more than $1 million per...
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Reducing Build Back Better Inflation Risk
As we recently discussed, the House-passed Build Back Better Act is likely to be modestly inflationary over the next few years. Though we expect the...
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Does Build Back Better Cost $1.6 Trillion or $2.4 Trillion?
The Congressional Budget Office (CBO) recently estimated that the House-passed Build Back Better Act will increase outlays by $1.64 trillion over ten...
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December Sequester Suspension Misses the Mark
For Immediate Release Congress is considering legislation that will cancel the PAYGO sequester for 2022, extend temporary COVID-era Medicare payment...
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The Physician Bonus and Medicare Sequester Suspension Should Not be Continued
A lobbying campaign recently began to extend two temporary COVID-era increases in Medicare provider payments – the Medicare sequester hiatus and...
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What Will Build Back Better Mean for Inflation?
With inflation on track to reach its highest annual rate since 1990, experts and advocates are in disagreement over whether the Build Back Better Act...
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Senate Should Make Build Back Better, Better
For Immediate Release The Senate this month is planning to consider the $2.4 trillion Build Back Better Act, which passed the House of Representatives...
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"Revenue Neutral" SALT Cap Relief is Costly and Regressive
Several senators are apparently pursuing " revenue neutral" state and local tax (SALT) deduction cap relief, meaning the cost of increasing the SALT...
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Congress' December Challenges Can't Wait
For Immediate Release As lawmakers continue to debate the Build Back Better reconciliation bill, they have a number of pressing deadlines and policy...
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A Permanent Build Back Better Act Could Cost $4.8 Trillion
UPDATE 12/10: Since this analysis was published, CBO has issued a correction to its initial estimate of H.R. 5376. Instead of adding $160 billion to...
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UPDATE: Build Back Better Visualized
UPDATE 12/10: Since this analysis was published, the Congressional Budget Office (CBO) has issued a correction to their initial estimate of H.R. 5376...