Latest
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What's in the Latest Build Back Better Framework?
Read moreWe have published an full estimate of the House's Build Back Better Act based on CBO's scores of the bill here. The White House has announced an...
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Could Reconciliation Deliver a Tax Cut to the Rich?
Read moreNote: This analysis was updated for new data and details on October 29, 2021. See the updated analysis here. While much of the discussion surrounding...
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Maya MacGuineas: Reconciliation can work if Congress sets priorities and cuts the games
Read moreMaya MacGuineas is president of the Committee for a Responsible Federal Budget and head of the Campaign to Fix the Debt. She recently wrote an opinion...
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SALT Cap Repeal Does Not Belong in Build Back Better
Read morePress reports suggest lawmakers are considering adding a two-year repeal of the cap on the deduction for state and local taxes (SALT) to their Build...
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Don’t Take Reconciliation Offsets Off the Table
Read moreFor Immediate Release As lawmakers continue to negotiate their Build Back Better reconciliation plan, reports indicate growing objections to a number...
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House ACA Plan Will Cost Almost $600 Billion and Cover 4 Million People, CBO Finds
Read moreThe Congressional Budget Office (CBO) this week released estimates for the health care coverage provisions in the House reconciliation bill. CBO...
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House Child Care Plan Cost Could Double If Made Permanent
Read moreAs lawmakers discuss making numerous parts of the Build Back Better plan expire early, at least one part of the House bill — the expanded child care...
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Treasury: 2021 Deficit Was $2.8 Trillion
Read moreThe Treasury Department released its final Monthly Treasury Statement for Fiscal Year (FY) 2021, showing a $2.8 trillion deficit for the year and debt...
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BBB Expirations Could Hide $1 to $2 Trillion of True Costs
Read moreAs negotiations over President Biden’s Build Back Better reconciliation package continue, lawmakers are reportedly considering an extension of the...
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Congress Should Reject the Extenders Approach to Build Back Better
Read moreFor Immediate Release According to news reports, the White House is floating a new framework for its Build Back Better reconciliation package that...
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Chartbook: Build Back Better for Less
Read morePolicymakers are apparently now targeting $1.5 trillion to $2.3 trillion of gross spending increases and tax cuts for their Build Back Better...
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Former IRS Commissioner Urges Congress to Expand Information Banks Report to the IRS
Read moreFormer Internal Revenue Service (IRS) Commissioner Charles O. Rossotti, who served under Presidents Clinton and Bush, recently published an op-ed in...