President Biden Announces the Build Back Better Framework

manman01
RECSI 28.10.2021 kl 15:45 174020

President Biden Announces the Build Back Better Framework

"...

Specifically, the Build Back Better framework will:

Deliver substantial consumer rebates and ensure middle class families save money as they shift to clean energy and electrification. The consumer rebates and credits included in the Build Back Better framework will save the average American family hundreds of dollars per year in energy costs. These measures include enhancement and expansion of existing home energy and efficiency tax credits, as well as the creation of a new, electrification-focused rebate program. The framework will cut the cost of installing rooftop solar for a home by around 30 percent, shortening the payback period by around 5 years; and the framework’s electric vehicle tax credit will lower the cost of an electric vehicle that is made in America with American materials and union labor by $12,500 for a middle-class family. In addition, the framework will help rural communities tap into the clean energy opportunity through targeted grants and loans through the Department of Agriculture.

Ensure clean energy technology – from wind turbine blades to solar panels to electric cars – will be built in the United States with American made steel and other materials, creating hundreds of thousands of good jobs here at home. The Build Back Better legislation will target incentives to grow domestic supply chains in solar, wind, and other critical industries in communities on the frontlines of the energy transition. In addition, the framework will boost the competitiveness of existing industries, like steel, cement, and aluminum, through grants, loans, tax credits, and procurement to drive capital investment in the decarbonization and revitalization of American manufacturing.

Advance environmental justice through a new Clean Energy and Sustainability Accelerator that will invest in projects around the country, while delivering 40% of the benefits of investment to disadvantaged communities, as part of the President’s Justice40 initiative. The framework will also fund port electrification; facilitate the deployment of cleaner transit, buses, and trucks; and support critical community capacity building, including grants to environmental justice communities. In addition, the framework will create a new Civilian Climate Corps – with over 300,000 members that look like America. This diverse new workforce will conserve our public lands, bolster community resilience, and address the changing climate, all while putting good-paying union jobs within reach for more Americans.
..."
https://www.whitehouse.gov/briefing-room/statements-releases/2021/10/28/president-biden-announces-the-build-back-better-framework/
OCTOBER 28, 2021

______________________

PRINT 17

RULES COMMITTEE PRINT 117–17
TEXT OF H.R. 5376, BUILD BACK BETTER ACT
[Showing the text of H.R. 5376, as reported by the Committee]
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-17.pdf
OCTOBER 29, 2021
SIDE 1320 -> SIDE 1321
______________________

PRINT 18 - SENESTE

RULES COMMITTEE PRINT 117–18
TEXT OF H.R. 5376, BUILD BACK BETTER ACT
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
NOVEMBER 3, 2021
SIDE 1561 -> SIDE 1562
"
..
‘‘SEC. 45AA. ADVANCED MANUFACTURING PRODUCTION CREDIT.
‘‘(a) IN GENERAL.—
‘‘(1) ALLOWANCE OF CREDIT.—For purposes of section 38, the advanced manufacturing production credit for any taxable year is an amount equal to the sum of the credit amounts determined under sub13 section (b) with respect to each eligible component which is— ‘
‘(A) produced by such taxpayer, and
‘‘(B) during the taxable year, sold by the taxpayer to an unrelated person. ‘‘
(2) PRODUCTION AND SALE MUST BE IN TRADE OR BUSINESS.—Any eligible component pro20 duced and sold by the taxpayer shall be taken into account only if the production and sale described in paragraph (1) is in a trade or business of the tax23 payer. ‘‘(3) UNRELATED PERSON.—For purposes of this subsection, a taxpayer shall be treated as selling components to an unrelated person if such compo nent is sold to such person by a person related to the taxpayer.
‘‘(b) CREDIT AMOUNT.—
‘‘(1) IN GENERAL.—Subject to paragraph (3), the amount determined under this subsection with respect to any eligible component, including any eli gible component it incorporates, shall be equal to—
...
‘‘(C) in the case of solar grade polysilicon, $3 per kilogram,
"
___________________

Preliminary Estimates Show Build Back Better Legislation Will Reduce Deficits
https://home.treasury.gov/news/featured-stories/preliminary-estimates-show-build-back-better-legislation-will-reduce-deficits
NOVEMBER 4, 2021
"
The Build Back Better Act invests meaningfully in American families and workers, while laying the foundation for meeting imperative climate goals. When the President released the Build Back Better framework last week, he proposed $2 trillion in savings that would more than pay for the critical investments in the legislation – and in fact generate net deficit reduction. With the release of the text of the Build Back Better Act in the House and scoring from the Joint Committee on Taxation, we can update the estimate of fiscal savings.

The legislation would, as the President proposed, generate more than $2 trillion in savings. These savings come from ensuring large multinational corporations and wealthy Americans pay their fair share and reducing the cost of prescription drugs. These provisions will not raise taxes on any taxpayer making less than $400,000.

The table below includes the latest estimates by the Joint Committee on Taxation, Congressional Budget Office, and the Treasury Department of the revenue raising and savings provisions in the bill. The bottom line is that the Build Back Better Act under consideration in the House of Representatives will be fully paid for and reduce the deficit.
...
"

___________________

CONGRESSIONAL BUDGET OFFICE (CBO) ESTIMATES
https://www.cbo.gov/cost-estimates

Estimated Budgetary Effects of Title I, Committee on Agriculture, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57618
NOVEMBER 15, 2021

Estimated Budgetary Effects of Title II, Committee on Education and Labor, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57622
NOVEMBER 17, 2021

Estimated Budgetary Effects of Title III, Committee on Energy and Commerce, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57623
NOVEMBER 18, 2021

Estimated Budgetary Effects of Title IV, Committee on Financial Services, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57619
NOVEMBER 15, 2021

Estimated Budgetary Effects of Title IV, Committee on Banking, Housing, and Urban Affairs, for the Senate Amendment to H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57681
DECEMBER 8, 2021


Estimated Budgetary Effects of Title V, Committee on Homeland Security, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57607
NOVEMBER 10, 2021

Estimated Budgetary Effects of Title VI, Committee on the Judiciary, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57625
NOVEMBER 18, 2021

Estimated Budgetary Effects of Title VII, Committee on Natural Resources, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57621
NOVEMBER 17, 2021

Estimated Budgetary Effects of Title VIII, Committee on Oversight and Reform, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57611
NOVEMBER 12, 2021

Estimated Budgetary Effects of Title VIII, Committee on Commerce, Science, and Transportation, for the Senate Amendment to H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57678
DECEMBER 8, 2021


Estimated Budgetary Effects of Title IX, Committee on Science, Space, and Technology, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57608
NOVEMBER 10, 2021

Estimated Budgetary Effects of Title X, Committee on Small Business, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57605
NOVEMBER 10, 2021

Estimated Budgetary Effects of Title X, Committee on Small Business and Entrepreneurship, for the Senate Amendment to H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57680
DECEMBER 8, 2021


Estimated Budgetary Effects of Title XI, Committee on Transportation and Infrastructure, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57490
NOVEMBER 12, 2021

Estimated Budgetary Effects of Title XI, Committee on Veterans’ Affairs, for the Senate Amendment to H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57679
DECEMBER 8, 2021


Estimated Budgetary Effects of Title XII, Committee on Veterans Affairs, H.R. 5376, Build Back Better Act
https://www.cbo.gov/publication/57604
NOVEMBER 10, 2021

Estimated Budgetary Effects of Title XIII, Committee on Ways and Means, H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57626
NOVEMBER 18, 2021
Redigert 09.12.2021 kl 20:27 Du må logge inn for å svare
Slettet bruker
03.11.2021 kl 21:59 6889

Ser det er flere her som hører på Gresvig og co. Venstresiden er velkjent for å spre dritt og løgner om motstandere. Sjekk f.eks hvem som eier mediehuset tv2. Der finner du ut at det kan være greit å være en finansiell institusjon og samtidig kunne påvirke folk(sauene).
Mørke krefter, hva er det. Er det kreftene som vil utradere kulturen din, eller er det kreftene som vil bevare den.
Utrolig synd nordmenn har blitt så utrolig naive, og med attpåtil testosteron mangel så har vi ett samfunn som går på 75% østrogen....som skapt for stammekriger og konflikter.

Snakk med folk fra Russland, Venezuela eller Mexico, så får du en annen versjon av fornuft enn det du får igjennom aktivist-media.
Slettet bruker
03.11.2021 kl 21:52 6967

Håper det er kødd? Enhver politiker som tror de vet bedre enn folket selv har antisosiale personlighetstrekk.
Slettet bruker
03.11.2021 kl 21:52 6952

Joe Manchin on paid leave back in the bill:

https://youtu.be/BntEDL3c9fw
Marketwatch
03.11.2021 kl 21:51 6958

Du sier at du har studert politikk og ledelse. Da synes jeg du har en svært overfladisk karakteristikk av Trump. Dette er en selvsentrert og farlig mann, som har apell hos svært mørke krefter i USA. Får han en ny periode, tror jeg vi kan glemme det atlantiske samarbeidet, og forberede oss på at USA ikke lenger kan kalles et demokrati.
Småplukker
03.11.2021 kl 21:50 6902

Alle politikere søker makt/innflytelse. Det sier seg selv. Derfor vil også en god del av dem bli høye på seg selv og sin betydning.
Men hva Trump står for kan ikke sammenlignes. Hvordan han nå har klart å forvandle hele det republikanske partiet til et eneste stort
hylningskor der minste form for kritikk av Trump fører til din politiske død, er skremmende.
Småplukker
03.11.2021 kl 21:47 6928

Skuffende å høre denslags fra deg, Uchi. "Spennende karakter"? Ja, hadde fyren vært en karakter på Netflix kunne jeg også kost meg over galskapen.
Hva han har prøvd å få til - og hva han har forvandlet GOP til, er intet mindre enn skremmende. Selve demokratiet var kun noen få karakterfaste personer ifra å falle i grus sist høst. Glem ikke det.
DjTao
03.11.2021 kl 21:45 6937

Angela Merkel slår meg ikke som en veldig narsisistisk politiker
Redigert 03.11.2021 kl 21:46 Du må logge inn for å svare
Slettet bruker
03.11.2021 kl 21:41 6940

Ikke for å være kverulant, men tror du seriøst det finnes politikere idag som ikke har narsissistiske trekk? Nevn gjerne noen eksempler 😂
Sa2ri
03.11.2021 kl 21:39 6737

«Trump er en spennende karakter. En entertainer.»

Og det er hva verden trenger mener du - en rasistisk og narsissistisk entertainer som trekker det som en gang var en verdensmakt ned i søla, og da til et sted hvor (nesten) ingen av de andre verdenslederne ser for seg at de kan samarbeide med USA? Get a grip!
Slettet bruker
03.11.2021 kl 21:28 3886


Kullarbeidere takker Joe Manchin for hjelpen. Videoen er noen år gammel, men West Virginia har mye kullvirksomhet som de trenger erstatningsjobber for.

https://youtu.be/x5Yq2FK9NBw
Redigert 03.11.2021 kl 21:32 Du må logge inn for å svare
Slettet bruker
03.11.2021 kl 21:27 3867

Mhm. Biden er en eldre mann, men visjonen er intakt og dette vil være hans legacy. Det han vil bli husket for i menneskehetens historie. Som du også sier, hele apparatet bak han deler denne visjonen.

Med det sagt;

Minner meg om tiden når Trump pleide å kalle Biden for "Sleepy Joe" under valgkampen. Gode tider.
Selv om jeg ikke er enig med han så må jeg innrømme at Trump er en spennende karakter. En entertainer.
Redigert 03.11.2021 kl 21:28 Du må logge inn for å svare
Marketwatch
03.11.2021 kl 21:03 4100

Bullfight skrev Biden sov under møtet
Er det så rart, det er jo mest bla, bla, bla!
Slettet bruker
03.11.2021 kl 21:03 4106

Manchin er en dritstøvel. Involvert i kullgruver og forurensing. Derfor holder han på som han gjør. Meler sin egen kake som de fleste politikere gjør. Lure på om han er republikaner i fåreskinn og lurer demokratene. Dritstøvel er han likevel. Stikk den. Han kan jo være kommunist og uten at jeg vet det.
Småplukker
03.11.2021 kl 20:48 4197

Sammenlignet med forgjengeren kunne han vært en shampokork og vært milevis bedre. Trump er jo en narsissistisk wannabe-diktator.
Kommer han til makten en gang til så er det bye-bye til demokratiet der borte. Og det er faktisk ingen overdrivelse.
Om Biden surrer seg inn i noen rare historier iblant bryr meg mindre.
Redigert 03.11.2021 kl 20:49 Du må logge inn for å svare
Slettet bruker
03.11.2021 kl 13:31 4719

Biden er utfra hva jeg kan se, ikke mentalt tilstede alltid. Når det er sagt så er han bare en figur, hele apparatet bak jobber tilsynelatende for denne pakken. Så det er bra. Ganske spesielt å se noen av intervjuene han har og hvor fjern han virker. Ikke minst veldig rar til tider.
Redigert 03.11.2021 kl 13:31 Du må logge inn for å svare
Nsxnsx
03.11.2021 kl 13:15 4695

Med tanke på hvor tøff i trynet Biden var på klimamøtet, bør han jo være rimelig sikker på pakkene "hjemme"

Om ikke blir han jo møtets store klovn, og burde kanskje holdt seg hjemme som Putin og Xi.
Opportunist1
03.11.2021 kl 12:59 4732

Med 22.000 tonn produksjonskapasitet på ML og Butte, vil en tax credit på 3 USD per kilo utgjøre rundt 600MUSD for REC over en 10 års periode. Det er nesten hele market cap-en til REC. PÅ 16 kroner får du i prinsippet hele REC gratis - det er kun verdien av skatteinsentivene. I en eller annen form går dette igjennom. Kan bli interessant dette.
Regnestykket:
År 1-8 blir 8*22.000 tonn*3USD=528 MUSD
År 9= 22.000 tonn * 3USD* 75% = 49,5 MUSD
År 10= 22.000 tonn * 3USD*50% = 33 MUSD
t3sm
03.11.2021 kl 12:37 4637

Og det er derfor Manchin holder pakken(e) som gissel. Lurer på hva han vil oppnå her? Det er tydelig en posisjon han er på jakt og ikke pakken i seg selv. Stiller som presidenkandidat og vil få frem hvor "klar og tydelig" han er?
questi
03.11.2021 kl 12:35 4645

Hadde de vært i forskjellige pakker hadde den grønne delen vært ferdigstemt 3 måneder siden :D
Den sosiale delen pakkes sammen med den grønne nettopp fordi den grønne delen skulle fungere som sukkeret :D
Slettet bruker
03.11.2021 kl 12:30 4680

Dumt at alle disse sosiale elementene er i samme pakkke som klima/energi, da kunne det vel ha blitt vedtatt raskere. Men at BBB ikke skulle bli vedtatt er vel nesten utenkelig. Manchin er i allefall et stabeis av dimensjoner.
questi
03.11.2021 kl 12:23 4746

Hvis prisen på polysil holder seg på 36 USD/kg, ville 10% gi ca +3.6 USD per kg i tilskudd (og ikke 3 USD/kg som foreslått) ... :D
Redigert 03.11.2021 kl 12:23 Du må logge inn for å svare
Nsxnsx
03.11.2021 kl 12:06 4904

Kjøper ALT jeg kan få tak i under 16,- Kan jo ikke gå galt det her, mer sannsynlig at ikke solen står opp i morgen :)
questi
03.11.2021 kl 11:59 4963

https://rules.house.gov/sites/democrats.rules.house.gov/files/Section_by_Section_BBB.pdf

Her er BuildBackBetter detaljene per 01.nov.2021 (se side 115)

"...Sec 136504. Advanced Manufacturing Production Credit.
The provision provides a production credit for each eligible component which is produced and sold. Eligible components include solar polysilicon, wafers, cells, and modules, and wind blades, nacelles, towers, and offshore foundations. The credits are generally provided on a mass or wattcapacity basis. The amount credit allowed for eligible components is increased by 10% if the final assembly of the such components is at a facility in the United States which operates under a union-negotiated collective bargaining agreement. The credits are provided for eligible components produced and sold before January 1, 2027. For components sold after that date, the credit is reduced by 25% each year, and is unavailable for components sold in 2030 and beyond..."
Slettet bruker
02.11.2021 kl 23:25 5623

Jaggu… Biden uttalte i kveld Manchin ville være ombord, så da blir det en svært spennende uke🗝
manman01
02.11.2021 kl 08:56 6813

"...As I've said repeatedly when this is passed it will be fully paid for, and reduce inflationary pressures. Something that has been firmed by many, many, many economists.."
t3sm
02.11.2021 kl 08:42 6967

En ting er sikkert og det er at dette dramaet virkelig gjør livet mer spennende for oss RECere
Slettet bruker
02.11.2021 kl 08:39 6987

Jayapal says House progressives ready to 'pass both bills' without commitment from Manchin and Sinema

Washington (CNN)Congressional Progressive Caucus Chair Pramila Jayapal on Monday said her caucus is ready to move forward on two bills key to President Joe Biden's agenda "as soon as tomorrow," a significant concession after previously seeking direct assurances from Democratic Sens. Joe Manchin and Kyrsten Sinema on the legislation.

Speaking with CNN's Victor Blackwell on "CNN Newsroom," Jayapal said that after spending the weekend reviewing the legislative text and conferring with the progressive caucus, she is ready to pass the $1 trillion bipartisan infrastructure bill as well as the $1.75 trillion social safety net expansion bill once a few details in the latter are finalized. Progressives, who have so far held up the bipartisan measure by demanding a concurrent vote on the larger package, trust that Biden can get all Democratic senators on board with the social safety net legislation, she said.

"The President said he thinks he can get 51 votes for this bill. We are going to trust him. We are going to do our work in the House and let the Senate do its work," the Washington state Democrat said. "But we're tired of, you know, just continuing to wait for one or two people."

Her comments came just after Manchin said that he won't support the social safety net expansion bill until there is "greater clarity" about the impact it will have on the country's national debt and the economy. The West Virginia Democrat had been frustrated that Democrats were trying to get him to make a full-throated endorsement of the plan -- and he wanted to make clear where he stood while getting lobbied to support adding even more social programs to the plan, according to a source familiar with his thinking.

(...)

https://edition.cnn.com/2021/11/01/politics/pramila-jayapal-joe-manchin-biden-agenda-cnntv/index.html?utm_medium=social&utm_source=twCNN&utm_term=link&utm_content=2021-11-02T03%3A23%3A03
manman01
01.11.2021 kl 08:03 7749

Dette er min forståelse, ret mig endelig om nødvendigt: Biden's Build Back Better agenda, er et paraply term for to pakker

Bipartisan infrastructure deal
https://www.congress.gov/bill/117th-congress/house-bill/3684
Denne er stemt igennem SENATET, og mangler kun at stemmes om i HUSET - men bliver blokeret grundet manglende tro på Senator Manchin og Sinema vil stemme Budget Reconciliation pakken igennem, når denne er klar https://twitter.com/CoriBush/status/1453893447669145623?s=20

Og

Budget Reconciliation
Dette er den vigtige, og er indeholder de tax credits til sol-industrien som vi med glæde ser.
https://www.ossoff.senate.gov/press-releases/news-sen-ossoff-successfully-negotiates-inclusion-of-solar-manufacturing-bill-in-budget-measure/
Denne skal stemmes igennem SENATET, før den kommer til HUSET, hvor der er enighed blandt demokraterne om den.
Redigert 01.11.2021 kl 08:15 Du må logge inn for å svare
t3sm
01.11.2021 kl 07:37 7916

Skal ikke pakken stemmes over i morgen? Håper uansett at kursen kan gjenspeile utsiktene til REC fremover nå, som vi endelig har momentum, nyheter og et nytt grønt og sterkt skifte på vei. Dette året har vært et år i limbo - håper den perioden virkelig er over og gjenprisingen begynner.
Det sies at pakken skal stemmes over i morgen og det håper jeg den blir.
Slettet bruker
01.11.2021 kl 07:32 7968

Handler om helse pakken nå, uansett den får ta den tiden den trenger:))Markedet burde se hva som kommer nå de må begynne å prise Recsi mer rettferdig enn 15-16 kr. Er enig med Arctic og Pareto rundt 25 kr burde den være på det vi vet i dag her nede blir kursen fullstendig latterlig:))
manman01
01.11.2021 kl 07:14 8040

Der skal dog stadig lidt tålmodighed til :)

House Rules Committee won't meet Monday on reconciliation package
https://thehill.com/homenews/house/579335-house-rules-committee-wont-meet-monday-on-reconciliation-package
NOVEMBER 1, 2021
"
..
A leadership aide told Axios in a statement on Sunday the committee needs “additional time to craft language and get final agreement with all parties involved” after the group made “extensive progress” on prescription drugs and other initiatives that were not included in the text released by the committee on Thursday.

The aide, however, said the committee is still planning to vote “as early as possible this week,” but did not specify a specific day. President Biden also said Sunday he expects the vote to happen this week.
..
"