President Biden Announces the Build Back Better Framework

manman01
RECSI 28.10.2021 kl 15:45 181146

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
13.11.2021 kl 12:03 8270

Da må det ha kommet en ny svarte dau. Ja det er viktig å være realistisk :-)
VL
13.11.2021 kl 12:08 8260

Da går vi mest sannsynlig sidelengs til det skjer noe konkret. TT har jo også sagt det, med BBB så dundre vi fremover og uten BBB så går vi sakte fremover.
Marketwatch
13.11.2021 kl 20:39 7617

Ville vært utrolig flaut for Biden og Kelly dersom ihverfall fornybardelen i BBB ikke går igjennom. De har vel gått for høyt ut på banen i Glaskov til at det kan skje, eller - hvem vet hvor høna sparker i amerikansk politikk? Uansett kommer det en "made in US" linje for sol og batteri som strekker seg fra råstoff til ferdig produkt. Når fornybart nå skal fases inn i stor stil, er det utenkelig at USA som stormakt, skal fortsette å være avhengig av leveranser fra Kina og andre land for å nå sine mål for energiforsyningen. Det kommer derfor til å skje noe som har stor betydning for REC uansett, men ikke før BBB er avklart, enten de går for subsidier eller ikke. Uten subsidier må det innføres ytterligere restriksjoner på import, ellers vil det ikke være mulig (ihverfall i oppstartsfasen) å konkurrere mot subsidierte produkter fra Kina etc.
Stonks_
14.11.2021 kl 03:47 6929

på tide å kjøpe noen out of money call opsjoner for mars neste år, så er det egentlig bare å vente. lito bet på BBB pakken haha
manman01
15.11.2021 kl 21:31 5453

(BLOG) CBO to Release a Complete Cost Estimate for H.R. 5376, the Build Back Better Act, by November 19
https://www.cbo.gov/publication/57616
NOVEMBER 15, 2021
"
The Congressional Budget Office anticipates publishing a complete cost estimate for H.R. 5376, the Build Back Better Act (Rules Committee Print 117-18 incorporating a manager’s amendment by Congressman Yarmuth), by the end of the day on Friday, November 19. The estimate will be published on CBO’s website.

CBO also began publishing estimates for individual titles of the bill on November 10 and has published six so far. The remaining seven estimates will be published this week as follows:

Monday, November 15—Title I, Committee on Agriculture; Title IV, Committee on Financial Services.

By Friday, November 19—Title II, Committee on Education and Labor; Title III, Committee on Energy and Commerce; Title VI, Committee on the Judiciary; Title VII, Committee on Natural Resources; and Title XIII, Committee on Ways and Means.
"
Redigert 15.11.2021 kl 21:32 Du må logge inn for å svare
manman01
15.11.2021 kl 23:07 5195

Havde lige overset disse :)

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
"
CBO estimates that enacting this title would result in direct spending outlays totaling $76.9 billion over the 2022-2031 period.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act
Rules Committee Print 117-18, Yarmuth Amendment 112
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf

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
"
CBO estimates that enacting this title would result in a net increase in the deficit totaling $150.7 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $151.5 billion and an increase in revenues of $0.8 billion.

This estimate is based on language in two documents, which are available from the House Committee on Rules:
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf
Slettet bruker
16.11.2021 kl 19:14 4549

Fra thehill i dag

The second ranking House Democrat said Tuesday that party leaders are aiming to vote on President Biden's $1.75 trillion climate and social spending package on Thursday or Friday.

House Majority Leader Steny Hoyer (D-Md.) said "most of" the floor debate on the massive reconciliation package, known as the Build Back Better Act, will occur on Wednesday. 

"And then I expect a vote on the Build Back Better final passage, at the earliest Thursday, and at hopefully the latest on Friday," Hoyer said on a press call

Slettet bruker
16.11.2021 kl 19:29 4475

Mye fram og tilbake med BBB, så venter til jeg ser/ men supert om det stemmer👍
Luis.hern
17.11.2021 kl 09:38 3870

har jeg skjønt det riktig... bbb pakken behandles på Torsdag- Fredag?
solfylt
17.11.2021 kl 09:43 10520

Det har vært (og er) mye usikkerhet rundt når denne vil bli behandlet. Den er flere ganger utsatt og den kan bli utsatt i flere uker. Det er lov å håpe på snarlig behandling. Personlig tror jeg ikke det er sannsynlig at torsdag/fredag er sannsynlig, men det er lov å håpe.
Slettet bruker
17.11.2021 kl 09:48 10507

I dag skal den diskuteres, og så er det skrivd mye om at de har forpiktet seg til senest stemme denne uken. Tidligst i morgen og senest lørdag. Utifra alt jeg har lest hittil så tror deg dette blir utfallet.

Cbo scoren skal også være klar til fredag, og den er på god vei.



Redigert 17.11.2021 kl 09:51 Du må logge inn for å svare
DjTao
17.11.2021 kl 09:53 10446

Mitt inntrykk er at det gjenstår en god del endringer på BBB før den vil ha en sjanse til å bli stemt gjennom i Senatet. Manchin har vært skeptisk til BBB lenge. Nå som inflasjonen i USA er på vei opp så understreker dette Manchins bekymringer knyttet til økt pengebruk av det offentlige i USA.
BBB vil nok derfor bli skrellet ned ytterligere ned fra 1,75 trillioner dollar på veien til en eventuell godkjennelse. Imidlertid tror jeg det er ganske sannsynlig at de delene som berører REC vil bli beholdt inntakt fordi det er bred politisk enighet i USA at det er viktig å få etablert selvstendige verdikjeder innen sol, batterier og halvledere.
Betalt fødselspermisjon for kvinner i 4 uker derimot vil nok ryke ut.
Redigert 17.11.2021 kl 09:55 Du må logge inn for å svare
manman01
17.11.2021 kl 10:07 10335

Tonko Leads Hearing on Strengthening U.S. Clean Energy Supply Chain
https://tonko.house.gov/news/documentsingle.aspx?DocumentID=3497
https://www.facebook.com/reppaultonko/videos/3042683192640517
NOVEMBER 16, 2021
"
..
The Biden Administration and Democratic members of this Committee have proposed ambitious climate targets—at least 50% economy-wide greenhouse gas emissions reductions from 2005 levels by 2030, at least half of new vehicles sales are electric by 2030, and a carbon-free electricity system by 2035—as well as the policies that will ensure these targets are met.

Achieving these goals will require serious commitment and immediate action.

It will also require building an immense amount of new infrastructure and manufacturing capacity.

Production of clean energy technologies, including wind turbines, solar panels, batteries, advanced vehicles, charging equipment, and electric appliances, will need to be ramped up significantly.

And we will need low-emissions construction materials, like steel and cement, to support clean energy deployment.

The sustainable economy of the future will need to be built and manufactured.

The question that remains to be seen is whether it will be manufactured by Americans.

In recent years, we have heard bipartisan concerns about our increasing reliance on China and other foreign competitors for clean energy technologies.

This is especially true of certain critical minerals. Today, some foreign sources of lithium, cobalt, and nickel involve environmentally harmful practices and unsafe and unethical labor conditions.

In order for the United States to fully seize the opportunities of the clean energy economy, we need to develop our own resilient supply chains.
..
"
manman01
17.11.2021 kl 10:08 10336

"
..
Last year, I worked with Congressman Curtis on a Science Committee bill to authorize a battery and critical mineral recycling research program at DOE, which was enacted in the Energy Act of 2020.

These R&D efforts can make batteries more recyclable, and future breakthroughs could support development of alternative materials and chemistries that are less reliant on critical minerals.

And yesterday President Biden signed the bipartisan Infrastructure Investment and Jobs Act into law.

This bill included billions of dollars to support the development of domestic clean energy supply chains, particularly for battery manufacturing.
And similarly, the Build Back Better Act, if enacted, would refresh the 48-C tax credit for investment in clean energy manufacturing facilities.

Our Committee’s title of Build Back Better includes billions of dollars for DOE grant and loan programs that will support manufacturing of zero-emission vehicles, charging equipment, and other innovative technologies and their components, as well as financial assistance to decarbonize energy-intensive manufacturing.

These investments will help revitalize American manufacturing, making us less dependent on foreign nations with inadequate worker and environmental protections.
But this alone will not be sufficient.
..
"
Redigert 17.11.2021 kl 10:09 Du må logge inn for å svare
Slettet bruker
17.11.2021 kl 19:06 9924

Er han på gli?

Manchin signals he's okay with Biden spending vote this year
https://thehill.com/homenews/senate/581972-manchin-signals-hes-okay-with-biden-spending-vote-this-year
SL
17.11.2021 kl 19:17 9936

Høres mer ut som han er klar til å stemme den ned
Slettet bruker
17.11.2021 kl 19:21 10006

Han er veldig klar for at den bringes inn til avstemning så han kan stemme nei, haha. Gjør dem ingen endringer så skjer nok det, Manchin vil ha vekk mer. Klimadelen består heldigvis virker det som. Ingen tør å si noe imot det, fordi alle vet at klima er nesten det eneste politisk korrekte som kan frontes i dag. Worst case fjerner de alt og lar klima bestå. Det skjer nok ikke, men tipper de fjerner noe også blir Manchin fornøyd.

Syns de kan fjerne $4500 tax credt for fagorganiserte EV produsenter i USA. Har ingenting med klima å gjøre, kun lobbyvirksomhet fra de gamle fossilene som ikke vil omstille seg. Vet Manchin har stilt spørsmålstegn ved den, det har mange gjort. Det ville vært til stor fordel for oss Rec aksjonærer også om vi ønsker at batteri skal bli stort.

Redigert 17.11.2021 kl 19:24 Du må logge inn for å svare
Slettet bruker
17.11.2021 kl 20:01 9935

Hehe. Han har vel fått en deal han er fornøyd med. Men bra, da virker det som ting begynner å røre seg litt👍
manman01
17.11.2021 kl 22:58 9697

Helt frisk

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
"
CBO estimates that enacting this title would result in an increase in the deficit totaling $16.3 billion over the 2022-2031 period.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act

Rules Committee Print 117-18, Yarmuth Amendment 112
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf
Slettet bruker
17.11.2021 kl 23:15 9656

Underskudd kan vel ikke lyde godt i Mancin sine ører. Kjenner virkelig jeg begynner å bli klar for å våkne til noen gode nyheter. Begynner å tære på tålmodigheten nå.
Småplukker
17.11.2021 kl 23:19 9721

Ta en titt på John Olivers gjennomgang av hvordan bedriftene har slaktet fagforeningene og driver utspekulert og massiv loppyvirksomhet for
å slippe at arbeiderne organiserer seg. Å påstå at det er "fossiler" som vil ha sterkere fagforeninger er fullstendig misforstått.
https://www.youtube.com/watch?v=Gk8dUXRpoy8
Redigert 17.11.2021 kl 23:19 Du må logge inn for å svare
Slettet bruker
17.11.2021 kl 23:24 9686

De er fossiler. Uavhengig av hva som menes om fagforeninger eller ei.
Når en tax credit som dette gjør at en ladehybrid med forbrenningsmotor får mer støtte enn en elbil er noe feil, da er ikke klima saken lenger. Slik denne pakken fremstilles. Det er hva jeg reagerer på.

Det ville vært det beste for alle om denne delen av pakken ble kuttet ut. Noe jeg tror den blir. Skattepengene bør brukes på reelle klimatiltak og incentiver som fremmer dette.
Redigert 17.11.2021 kl 23:25 Du må logge inn for å svare
Marketwatch
17.11.2021 kl 23:37 9610

Kanskje det har med fairness og bærekraft å gjøre, at arbeidere i bilfabrikkene skal ha et anstendig levebrød av sitt arbeid, at det ikke er kapitaleierne som tar størstedelen av kaka. Håper du ikke mener at produksjonen til fornybarr, inkl Rec sin poly, skal utføres av underbetalte "slavearbeidere". Da kan det jo like godt produseres i Kina!
Redigert 17.11.2021 kl 23:42 Du må logge inn for å svare
Slettet bruker
17.11.2021 kl 23:50 9598

Hvorfor så hårsår? Jeg har ikke kommet med noen av de påstandene du kommer med her. Dine ord, ikke mine.

Du fremstiller det som at om en bedrift ikke er fagorganisert så er det slavelønn, det er feil. Om du snakker om bærekraft må vi se til Tesla. Ikke GM, Ford osv.
Redigert 17.11.2021 kl 23:51 Du må logge inn for å svare
Småplukker
18.11.2021 kl 01:04 9375

Du får tåle at andre har mer forståelse for å støtte fagforeninger og arbeidernes rettigheter enn deg, marketwatch, uten å bli hårsår selv. Du drar selv til stadighet frem dette poenget som tydeligvis er svært så viktig for deg, at fagorganisering er noe møl. Da får du tåle å bli motsagt også.
manman01
18.11.2021 kl 08:42 9164

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
"
CBO estimates that enacting this title would result in a net increase in the deficit totaling $454.1 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $457.9 billion and an increase in revenues of $3.8 billion.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act

Rules Committee Print 117-18, Yarmuth Amendment 112
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf
Slettet bruker
18.11.2021 kl 21:11 8975

House Democrats are planning to vote Thursday evening on the massive social benefits and climate package at the core of President Biden's domestic agenda, lending the embattled party a significant victory heading into the long Thanksgiving recess.

The office of House Majority Leader Steny Hoyer (D-Md.), who formally sets the floor schedule, announced the plan Thursday afternoon, just hours after Speaker Nancy Pelosi (D-Calif.) had signaled an intent to race the bill to the floor by day's end.

https://thehill.com/homenews/house/582216-democrats-plan-thursday-vote-on-massive-biden-bill
manman01
18.11.2021 kl 21:13 8988

Kan tilføje lidt guf til dette IFTW :)

CBO to Publish a Complete Cost Estimate for H.R. 5376, the Build Back Better Act, This Afternoon
https://www.cbo.gov/publication/57624
NOVEMBER 18, 2021
"
The Congressional Budget Office will publish a complete cost estimate for H.R. 5376, the Build Back Better Act (Rules Committee Print 117-18 incorporating a manager’s amendment by Congressman Yarmuth), this afternoon.

CBO has also published 11 estimates for individual titles of the bill. This afternoon, we will publish estimates for the remaining titles: title XIII, Committee on Ways and Means; and title VI, Committee on the Judiciary.

The complete estimate will be published when the estimate for the last remaining title is posted.

All of CBO’s estimates related to H.R. 5376 can be found here.
"

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
"
CBO estimates that enacting this title would result in a net increase in the deficit totaling $281.5 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $304.4 billion and an increase in revenues of $22.9 billion.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act

Rules Committee Print 117-18, Yarmuth Amendment 112
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf
Redigert 18.11.2021 kl 21:14 Du må logge inn for å svare
manman01
18.11.2021 kl 21:19 8930

og denne :)
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
"
CBO estimates that enacting this title would result in a net increase in the unified deficit totaling $115.1 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $147.2 billion and an increase in revenues of $32.1 billion.

Some of those budgetary effects are associated with Social Security, which is classified as off-budget. The increase in the on-budget deficit over that period would be $121.7 billion.

The budgetary effects would be noticeably greater during the following decade, resulting in an increase in the unified deficit totaling $369 billion over the 2032-2041 period.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act

Rules Committee Print 117-18, Yarmuth Amendment 112
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf
manman01
18.11.2021 kl 21:21 8889

Så er alle infinity-estimates samlet, nu mangler blot handsken

edit: hov der mangler vidst stadig nummer 13 :)
Redigert 18.11.2021 kl 21:25 Du må logge inn for å svare
Luis.hern
18.11.2021 kl 22:37 8516

POSTPONED PROCEEDINGS - Pursuant to clause 1(c) of Rule XIX, further consideration of H.R. 5376 is postponed.
Har de utsatt avgjørelsen... hvor lenge?
manman01
18.11.2021 kl 23:13 8241

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
"
CBO estimates that enacting this title would result in a net decrease in the unified deficit totaling $797.7 billion over the 2022-2031 period. That decrease in the deficit would result from an increase in direct spending of $411.5 billion and an increase in revenues of $1,209.3 billion.

Some of those budgetary effects are associated with programs that are classified as off-budget. The decrease in the on-budget deficit over that period would be $783.3 billion.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act

Rules Committee Print 117-18, Yarmuth Amendment 112
"
https://rules.house.gov/sites/democrats.rules.house.gov/files/BILLS-117HR5376RH-RCP117-18.pdf
https://amendments-rules.house.gov/amendments/YARMUT_024_xml211104220514322.pdf
Slettet bruker
18.11.2021 kl 23:35 8069

Today so far

The House rules committee is set to meet at 5:30pm local time on the Build Back Better Act, now that the Congressional Budget Office has come back with all the final estimates on the bill. From there, the House of Representatives is expected to vote on the package.
manman01
18.11.2021 kl 23:48 8195

Estimated Revenue Effects of Increased Funding for the Internal Revenue Service in H.R. 5376, the Build Back Better Act
https://www.cbo.gov/publication/57620
NOVEMBER 18, 2021
"
This letter responds to a request for information about the revenue effects of funding for the Internal Revenue Service that would be provided by the current version of H.R. 5376, the Build Back Better Act (Rules Committee Print 117-18 incorporating a manager’s amendment by Congressman Yarmuth). The Congressional Budget Office estimates that the funding for tax enforcement activities provided by the bill would increase outlays by $80 billion and revenues by $207 billion, thus decreasing the deficit by $127 billion, through 2031. That change in revenues is not included in CBO’s estimate of the budgetary effects of the Build Back Better Act.
"
Slettet bruker
19.11.2021 kl 00:18 8123

Virker som de skal diskutere H.R 803 i en time nå, så blir det 5376(BBB) etterpå.
trendfriend
19.11.2021 kl 06:58 7314

Det var REC julaften i går, men BBB ble utsatt inatt og jackpot uteble. Hvordan reagerer markedet idag? Fortsetter festen eller legger investorene vekt på BBB og vi skal ned igjen?
t3sm
19.11.2021 kl 07:07 7262

Pakken «ble holdt tilbake» i natt av republikanerne? Slik jeg forstod det.. men virker som om det skal stemmes over idag, så tror demokratene er ivrige etter å få det igjennom pakken nå, i tide før vi går inn i 2022.

Om markedet er like positive idag får vi vite om noen timer. Men etter den nyheten som kom igår, som på svart og hvitt sikrer RECs posisjon og bidrar til gjenåpning av ML, bør vi være på vinnerlisten idag å.
Slettet bruker
19.11.2021 kl 07:15 7175

Den ligger an til å gå igjennom i huset, med 4 stemmers margin- men en rebublikaner har snakket siden kl. 03,30 og snakker enda😂 for å utsette avstemningen (som går igjennom). Neste er senatet / det er der slaget om BBB står.

Hanwha uttalte de skulle åpne anlegget i ML i går/ så kursen skal nok langt høyere👍
Redigert 19.11.2021 kl 07:16 Du må logge inn for å svare
t3sm
19.11.2021 kl 07:18 7156

Ja, da leste jeg det riktig. De er tydelig nervøse nå og dette er bare et sikkert tegn på at BBB nå går igjennom.

Men «imponerende» av vedkommende å hale ut tiden såpass 😅
Slettet bruker
19.11.2021 kl 07:19 7162

Lenke til at Hanwha sa dette? =)
maseeh
19.11.2021 kl 07:23 7111

House Democrats have pushed the vote on President Biden’s social spending and climate package to 8 a.m. Friday morning — if House Minority Leader Kevin McCarthy (R-Calif.) has stopped talking by then.
Slettet bruker
19.11.2021 kl 07:38 6961

House Democrats pushed back a vote on President Joe Biden's plan to dramatically expand the social safety net after House GOP leader Kevin McCarthy stalled floor action with a marathon speech that stretched into the early hours of Friday morning.

Democrats had been hoping to pass the legislation Thursday evening, but McCarthy thwarted that plan by delivering a lengthy speech railing against Democrats on the House floor. It's unclear when McCarthy will finish speaking.

The sweeping $1.9 trillion economic legislation stands as a key pillar of Biden's domestic agenda and Democrats are still confident they have the votes to pass the bill later Friday morning. The House is slated to reconvene Friday morning at 8 a.m. ET.


The legislation would deliver on long-standing Democratic priorities by dramatically expanding social services for Americans, working to mitigate the climate crisis, increasing access to health care and delivering aid to families and children.

House Majority Leader Steny Hoyer explained the delay by saying McCarthy wants to force passage of the bill "in the dead of night," a politically charged description that has been used to criticize legislation in the past.

"We are going to do it in the day," Hoyer said.

McCarthy was able to hold the floor indefinitely under the procedures of the House, which say the majority leader and the minority leader get what's called a "Magic Minute" at the end of floor debate, meaning they can speak for as long as they want. House Speaker Nancy Pelosi used a similar tactic as minority leader in 2018, speaking for more than eight hours on the House floor in a speech about young undocumented immigrants, the longest in House history.

Once the legislation passes the House, it will face key hurdles in the Senate, with a fight looming over a controversial tax provision and Democratic Sen. Joe Manchin of West Virginia still not on board.

As a result, Democrats are working hard to keep their fragile coalition of moderates and progressives united behind the package. The legislation has already been the subject of intense disputes between warring party factions in the House, and Democrats have no margin for error in the Senate.

The legislation will likely have to be altered, potentially significantly, to get every member of the Senate Democratic caucus to vote for it as key members raise major concerns with the contents of the bill.

What's in the legislation

The Build Back Better Act represents a central part of Biden's policy agenda and an attempt by congressional Democrats to go it alone without GOP support to enact a major expansion of the social safety net.

The House and Senate recently passed, and Biden then signed into law, a separate $1.2 trillion bipartisan infrastructure package, which marked a major legislative achievement for both parties.

The Build Back Better Act is an effort by Democrats to build on that investment in traditional infrastructure by making extensive investments to ramp up social programs and address the climate crisis.

Among its many provisions, the legislation would create a universal pre-K program, extend the enhanced child tax credit and expand access to health care, affordable housing and home care for seniors.


The Congressional Budget Office released its final scoring for the bill early Thursday evening, estimating that the package "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," according to a summary.

The White House worked to make the case that the bill will be fully paid for, despite the CBO analysis showing a shortfall.

Senior White House officials Brian Deese and Louisa Terrell met with moderate House Democrats after the numbers were released, according to a person with knowledge of the matter.

The CBO's analysis score does not include revenue from tighter IRS enforcement. The CBO estimated earlier that would raise $207 billion.

The White House argues that increased IRS enforcement would actually raise more than what the CBO projects, meaning the bill would be fully paid for in their estimate.

Obstacles ahead in the Senate

In a warning sign for the party, Manchin, the most important swing vote who has expressed major concerns over a variety of elements of the bill, told CNN on Thursday that he has not decided whether to support voting to proceed to the Build Back Better bill, the critical first vote to take up the measure in the Senate. Any one Democratic defection would stall the effort.

"No," Manchin said when asked if he had made a decision to vote to proceed. "I'm still looking at everything." The comments reflect that Manchin is still not on board with the legislation and signal the tough road ahead for Democrats.

The West Virginia Democrat said that he wants to see the final numbers from the Congressional Budget Office and changes made to the bill. "I just haven't seen the final, the final bill. So when the final bill comes out, CBO score comes out, then we'll go from there," he said.

Manchin also reiterated his concerns about inflation. "Everyone's concerned, they should be concerned about inflation, because it's real. Inflation is real," he said. "So we got to make sure we get through this the best we can, and put no more burden on them."

A fight is also brewing over a controversial tax provision that some progressives have decried as a giveaway to the rich.

Earlier this month, House Democrats came to an agreement to deal with state and local tax deductions after Democrats from the Northeast and West Coast had pushed to loosen the caps imposed by the 2017 tax law. Under the SALT deal, deductions would be capped at $80,000 per year over a nine-year time span.

Sen. Bernie Sanders, the Vermont independent and chairman of the Senate Budget Committee, on Thursday railed on the House provisions dealing with the state and local tax deductions, calling it "wrong" and "bad politics."

"Democrats correctly have campaigned on the understanding that amidst massive income and wealth inequality, we've got to demand that the wealthy start paying their fair share of taxes, not give them more tax breaks," Sanders said.

"So what I can tell you is I am working with a number of Democrats who share that concern, and I hope as soon as possible to come up with a plan. But bottom line is we have to help the middle class and not the one percent."

Democratic Rep. Jared Golden of Maine announced ahead of the final House vote that he would vote against the bill, citing the tax provision.

"Many of my colleagues argue this major line item is worth accepting to pass the rest of the bill," Golden said in a statement to the Bangor Daily News. "I disagree: the SALT giveaway in the Build Back Better Act is larger than the child care, pre-K, healthcare or senior care provisions of the bill." Golden did not rule out voting for the final package in the future.

Pelosi defended the legislation against criticism that wealthy Americans will benefit disproportionately as a result of the provisions.

"That's not about tax cuts for wealthy people. It's about services for the American people," she said earlier in the day.

"This isn't about who gets a tax cut. It's about which states get the revenue that they need in order to meet the needs of the people, and that is a fight that I will continue to make."

https://amp.cnn.com/cnn/2021/11/18/politics/build-back-better-house-vote/index.html

Tradinator
19.11.2021 kl 07:40 6984

Det er nå det starter for REC. Veien mot 100 kroner har startet, pakken blir vedtatt og vi suser videre.
https://e24.no/boers-og-finans/i/9KrRor/rec-silicon-faar-pengene-til-aa-gjenaapne-moses-lake-vi-har-paa-ingen-maate-alt-paa-plass