President Biden Announces the Build Back Better Framework

manman01
RECSI 28.10.2021 kl 15:45 173747

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
manman01
30.11.2021 kl 18:55 10675

Biden reconciliation bill faces Senate land mines
https://thehill.com/homenews/senate/583503-biden-reconciliation-bill-faces-senate-land-mines
NOVEMBER 30, 2021
Slettet bruker
30.11.2021 kl 22:31 10261

Senate Majority Leader Charles Schumer (D-N.Y.) is planning to bring President Biden's social spending and climate bill to the floor as soon as the week of Dec. 13, a source familiar confirmed to The Hill.

Schumer's plan is to bring the bill, known as Build Back Better, to the Senate floor once Democrats finish their conversations with the parliamentarian, who provides guidance on what can be included in a bill passed through budget reconciliation.

"As soon as the necessary technical and procedural work with the Senate parliamentarian has been completed ... the Senate will take up this legislation," Schumer told reporters during a press conference on Tuesday.

https://thehill.com/homenews/senate/583643-schumer-eyeing-build-back-better-vote-as-soon-as-week-of-dec-13
Slettet bruker
30.11.2021 kl 22:34 10521

Tror det bare er å stålsette seg med en gang på at dette vil drøye ut i Januar, sjansen er vel stor for at denne går tilbake og må opp igjen i senatet senere. Ikke at det gjør stort, det kommer.
Slettet bruker
30.11.2021 kl 23:12 10280

Jeg leser om mange ulike lover som kan benyttes for å få saker igjennom fortere osv.
Men synes det er litt vanskelig å forstå alle kriker og kroker de kan bruke for å fremme sakene sine, eller for å justere kravet for å stemme igjennom dette.

Men det er nok veldig viktig for Biden å tenke på hvordan de ønsker å navigere seg, og hva de må rekke inn mot det neste valget også.
Sjansen er vel ganske liten for å bli gjenvalgt tenker jeg.

Derfor tror jeg egentlig at det å komme i gang med "clean energy" verdikjeden er så viktig for Biden at de er villige til å droppe flere helsefordeler for det amerikanske folket hvis det betyr at pakken blir godkjent før jul.
Det ville vel i grunn bare forsterket historiebøkenes syn på at Biden var starten på den "grønne revolusjonen" i USA, slik han har ambisjoner om å bli husket for?

Hvis pakken må tilbake til huset for store forandringer så risikerer man egentlig å gå mer baklengs enn forlengs i politikken han ønsker å få igjennom.
Rule
30.11.2021 kl 23:51 10032

Tja - han skulle jo pensionere sig, men ligefrem på dagen før det mest spændende i hele hans karriere:
Moses Lake, WA, 30 November, 2021:
The CEO of REC Silicon ASA (“REC Silicon” or the “Company”), Tore Torvund, has decided to step down from his role.

kan ikke helt lure om det er godt eller skidt....
Rule
30.11.2021 kl 23:52 10119

det betyder nok et ordentlig huk ned imorgen...
SL
30.11.2021 kl 23:52 10390

Tror dette virkelig var på sin plass, han har kjørt rec i dass i flere år og det er på tide med noe nytt inn. Vi har en god reise foran oss og tror det er på sin plass at han flytter seg til side.
SL
30.11.2021 kl 23:55 10478

Muligens, men jeg og flere her inne har vært kritiske til Tore lenge, personlig ser jeg på dette som en positivt ting.
Slettet bruker
30.11.2021 kl 23:55 10533

Jeg har sagt det flere ganger her inne. Han vil nok sitte til det løser seg, og hvor deilig det må være nå som Hanwha kom inn. For nå er det nok seriøse planer på bordet.

Helt naturlig at han trer av nå. Og han kan gjøre det i visshet om at nå løser det seg for ML.
Småplukker
01.12.2021 kl 00:06 10557

Er da absolutt ingen grunn til at dette skulle bety nedgang i kursen? Han har ført Rec godt inn i fremtiden, leverer fra seg
rattet når han er 70 år - BULL at nye sterke koster overtar.
Slettet bruker
01.12.2021 kl 00:19 10517

Har nok vært et krav fra Hanwha . Spennende hvem som tar over.
TT har uttalt seg litt for pessimistisk og vært lite synlig . Spennende dette , en ny era begynner i REC med nytt friskt blod i toppledelsen . Tipper en koreaner tar over ..
Nå som alle kontrakter kommer er dette svært positivt !
Redigert 01.12.2021 kl 00:21 Du må logge inn for å svare
manman01
01.12.2021 kl 05:31 10291

Congressman Krishnamoorthi Calls On Senate To Safeguard Solar Sector Manufacturing Provisions He Helped Lead In Build Back Better Act
https://krishnamoorthi.house.gov/media/press-releases/congressman-krishnamoorthi-calls-senate-safeguard-solar-sector-manufacturing
NOVEMBER 30, 2021
"
WASHINGTON – Today, Congressman Raja Krishnamoorthi issued the following statement encouraging the Senate to pass the Build Back Better Act (H.R. 5376), including provisions he helped lead to support American solar manufacturing based on the Solar Energy Manufacturing for America Act (SEMA) which he cosponsored:

“The Build Back Better Act will strengthen our efforts to fight climate change and create the clean energy jobs of the future through provisions like those based on the Solar Energy Manufacturing for America Act, for which I’m proud to be an original cosponsor. Through those provisions, the Build Back Better Act will level the playing field against unfair foreign competition in solar manufacturing, building a new foundation for the American solar manufacturing sector so that our economy, companies, and workers will reap the benefits of this technology while eliminating our dependence on Chinese manufacturing.”

In September, Congressman Raja Krishnamoorthi (IL-08) introduced the Solar Energy Manufacturing for America Act (SEMA) with Reps. Dan Kildee (MI-05), Brad Schneider (IL-10), Carolyn Bourdeaux (GA-07), Emanuel Cleaver, II (MO-05), Brian Higgins (NY-26), Tim Ryan (OH-13), Eric Swalwell (CA-15), Suzan DelBene (WA-12) and Earl Blumenauer (OR-3). The legislation would accelerate the growth of American solar panel manufacturing while creating good-paying U.S. jobs and decreasing American dependence on foreign solar component production from nations such as China by providing tax credits for American solar manufacturers. These tax credits would exist at every stage of the supply chain, from solar cells to fully assembled solar modules. According to an independent analysis by the National Renewable Energy Laboratory, SEMA would create tens of thousands of American solar jobs while helping to end China’s domination of the solar manufacturing supply chain, which it’s achieved through unfair trade practices, including the use of slave labor by Uyghurs in Xinjiang.

SEMA was endorsed by organizations including the Solar Energy Industry Association, Environmental Defense Fund, Natural Resources Defense Council, Audobon, Hemlock Semiconductor, REC Silicon, CubicPV, Swift Solar Leading Edge Equipment Technologies, Caelux Corporation, Ultra Low Carbon Solar Alliance, Mission Solar, Q CELLS and Yaskawa Solectria Solar.
"
curvike
01.12.2021 kl 19:22 9789

Interessant artikkel i "The Guardian" som omhandler kampen om BBB pakken til Biden. Kyrsten Sinema og Joe Manchind får milioner fra megadonorer for å endre pakken.
De er, ifølge artikkelen, på kolisjonskurs med sine velgere i respektive stater. Hvor lenge kan de holde på med dette? Tenker at når mengden misfornøyde velgere når et kritisk antall så signerer de avtalen. Men, de er ikke på velg før i 2024.
https://www.theguardian.com/us-news/2021/nov/28/joe-manchin-kyrsten-sinema-build-back-better-plan
Slettet bruker
01.12.2021 kl 20:02 9599

Tja. Tror det er flere demokrater som også reagerer på en del av det de protesterer på. Nå har ikke jeg kjennskap til alt, men det er jo noe i det Manchin sier. Hva Sinema protesterer på har jeg ikke helt oversikt over.

Biden og Co er ikke noe bedre de. UAW har donert millioner på millioner av dollar til Biden og Co, samme ulla det. Eller er det noe jeg misforstår?
Redigert 01.12.2021 kl 20:08 Du må logge inn for å svare
Slettet bruker
01.12.2021 kl 20:02 9698

Interessant. Visste ikke at det fantes så gode journalister utenfor FA 🤣
Slettet bruker
01.12.2021 kl 20:18 9732

Problemet er vel Biden's evne til å få partifellene til å innordne seg. Men med et så politisk vidt-spennende parti er det ikke enkelt. Men senatorene fra west-virginia og arizona beveger seg i grenseland til hva som er akseptabelt. Personlig finner jeg at Sanders også er i grenseland på den andre siden, sikkert enda litt gretten over at han selv ikke ble president.
Rule
01.12.2021 kl 22:06 9409

øj, mindre end to uger fra nu.
Slettet bruker
06.12.2021 kl 19:57 8071

Kan det være et lite håp at vi får den gjennom før jul?

Senate Democrats are ramping up talks with the parliamentarian as they try to hit an ambitious goal of passing President Biden's climate and social spending bill before Christmas.

https://thehill.com/homenews/senate/584483-democrats-ramp-up-talks-with-parliamentarian-on-biden-spending-bill
Slettet bruker
06.12.2021 kl 20:06 8082

Å fått igjennom denne pakken før jul ville vel vært en økonomisk boost til den amerikanske økonomien. Tør virkelig politikerne å dra denne lengre ut?
Etter hva jeg forstår er strikken ganske strekt. Inflasjonen øker og FED's har lite virkemidler igjen. Mye kan gå galt hvis ikke BBB går igjennom. Er ikke det riktig Uchi?
manman01
06.12.2021 kl 21:55 7729

Biden says he wants his social safety net bill passed 'as early as we can get it' as negotiations drag on
https://edition.cnn.com/2021/12/06/politics/biden-prescription-drugs-build-back-better/index.html
DECEMBER 6, 2021
Slettet bruker
07.12.2021 kl 07:44 7249

https://thehill.com/policy/energy-environment/584599-schumer-steps-on-the-gas-to-move-biden-agenda

Jobbes hardt nå for å klare dette før jul, og blir isåfall tidenes julegave for oss REC aksjonærer ;) Denne kommer, kun spørsmål om tid .

Grønt både i Asia og usa mandag, og forventes grønn åpning på oslo børs også
Slettet bruker
07.12.2021 kl 07:56 7174

BBB må gå igjennom hvis de skal skape amerikanske arbeidsplasser og for at usa skal bli konkurransedyktig innen tech og esg . Er ikke noen vei utenom . Ellers vinner Kina og Asia tech racet og usa har gjort seg avhengig av andre ..
Redigert 07.12.2021 kl 07:57 Du må logge inn for å svare
Nsxnsx
07.12.2021 kl 08:37 7196

Litt rart at det lekker så mye info, uten at Recsi kommenterer eller børsmelder.

Ganske åpenlyst at ting er bestemt.
Onmyway
07.12.2021 kl 09:13 6982

Her har de nok lagt en plan som gjøre at de har sitt på det tørre. Synes ikke det er rart at de verken kommenterer eller børsmelder nå (og de uttaler seg jo ikke akkurat i øst og vest til vanlig heller) - de har sagt tydelig at alle venter på BBB. Noe annet ville jo vært lite strategisk. Og det foreligger kanskje ulike planer ettersom hva som kommer ut av BBB.
manman01
08.12.2021 kl 10:33 6457

Fantastisk, tak for at dele!! :)
Slettet bruker
08.12.2021 kl 10:58 6460

Har aldri tvilt på det, USA skal bygge egne verdikjeder fremover og det må tilrettelegges. Noe annet er det bare noen få aktører her på trådene som prøver å fornekte for med halmstrå som teknisk og fa artikler:))
Slettet bruker
08.12.2021 kl 12:42 6209

Senatet rydder gulvet for plass til BBB neste uke:

https://e24.no/internasjonal-oekonomi/i/k6eyma/avtale-i-kongressen-om-aa-heve-gjeldstaket
Slettet bruker
08.12.2021 kl 13:26 6145

Ja, kan det være siste krampetrekning vi nå ser fra FA og shorterne? Et siste forsøk på å rasere kursen før BBB går gjennom og god-nyheten fra REC kommer?
2-3 uker til folkens, så er året omme, og vi bør ha fått noe nyheter om ML.

Tålmodighet, tålmodighet:)
Slettet bruker
08.12.2021 kl 13:42 6073

Nok en god nyhet fullt fokus på BBB
Slettet bruker
08.12.2021 kl 13:43 6112

Nok en god nyhet fullt fokus på BBB
manman01
09.12.2021 kl 20:14 5570

Majority Leader Schumer Floor Remarks On Continuing To Make Progress Toward Passing President Biden’s Build Back Better Act
https://www.democrats.senate.gov/news/press-releases/majority-leader-schumer-floor-remarks-on-continuing-to-make-progress-toward-passing-president-bidens-build-back-better-act
DECEMBER 8, 2021
"
Washington, D.C. – Senate Majority Leader Chuck Schumer (D-NY) today spoke on the Senate floor regarding the progress being made toward passing President Biden’s Build Back Better Act before Christmas. Below are Senator Schumer’s remarks, which can also be viewed here:

In the first few days of December, we’ve successfully avoided a government shutdown. We’ve cleared the path, hopefully, for addressing the debt limit. And—as I mentioned—I am optimistic that NDAA will soon be settled.

None of these are easy accomplishments, but we are clearing the path for Democrats to turn to our biggest domestic priority of the year: passing President Biden’s Build Back Better Act before Christmas.

Later today, four Senate committees will release the final text of their portions of Build Back Better, along with CBO scores for each, as required by the reconciliation process. Those four committees are Commerce, Small Business, Banking and Housing, and Veterans Affairs.

In the meantime I continue to hold daily conversations with my Democratic colleagues, with the White House, with the Speaker and House colleagues. We continue to make good progress and we’re still on track to vote on a final product before Christmas.

The sooner we can pass Build Back Better, the better off American families will be as we start the New Year. This bill has always been about a simple goal: cutting costs for working and middle-class families.

People are complaining about higher costs. They're right to do that. This bill actually lowers costs in many different areas and will help families who are trying to make ends meet and stretch those dollars.

Let me give you some examples.

Families are still struggling to pull themselves out of a once-in-a-century economic crisis brought about by COVID.

They want to pay less for things like health care, prescription drugs, child care. Some of the biggest costs average middle-income and working families have.

They want us to find ways to make that happen.

And that’s exactly what Build Back Better does.

America, you want lower costs? Tell your Senators to vote for Build Back Better.

If we invest in American families, then we make it easier for them to work, to be productive, to flourish in society. And that makes our country stronger and lowers costs in the long-term.

One of the great problems, we're told, is shortage of workers. One of the greatest reasons for the shortage of workers is lack of good child care. People can't go to work if they have to look after their kids. And in this COVID era, a lot of the patterns that used to happen don't happen anymore.

Making child care affordable will help bring people back to work, get our economy humming along again, and deal with some of the bottlenecks in certain areas, in certain industries, which is creating inflation.

Helping families afford child care of course saves parents money, but it goes a long way towards alleviating our labor shortage. If parents don’t have to worry about how they’ll keep their kids safe during the day, they’ll have greater flexibility to re-enter the workforce and increase the country’s output.

That lowers inflation.

In the long term, everyone wins: kids, parents, employers and the entire economy.

This single investment alone is enough reason to keep pushing Build Back Better, but there are so many others. One of the greatest costs we face is prescription drug costs. That’s what families complain about above all. This bill goes a long way to making prescription drugs cost less.

Another great cost people are complaining about, the rising costs of housing. This bill puts more money into housing, to both rehabilitate housing that is deteriorated—putting them back into the marketplace in a real way—and creating new housing. It will reduce the dramatic increase in housing costs.

So you want to talk about inflation, you want to talk about people having to pay more, this bill is an antidote in so many areas. I mentioned child care, health care, and housing just to name a few, but there are many others as well.

So we’re going to keep working to get this bill done. It is so important to working families and to America.

To working families: less expenses, [making it] easier to make that dollar stretch when they sit down Friday night after dinner and say how are we going to pay the bills this week?

To America: relieving bottlenecks and making sure that our economy hums along at a rapid rate where people are getting good wages, but the bottlenecks—caused often by COVID—are reduced.
"
manman01
09.12.2021 kl 20:15 5629

Budgetary Effects of H.R. 5376 as Passed by the House of Representatives
https://www.cbo.gov/publication/57676
DECEMBER 8, 2021
"
This letter provides an update about the estimated budgetary effects of H.R. 5376, the Build Back Better Act. The version of H.R. 5376 that was passed by the House of Representatives on November 19 would increase the deficit by $365 billion over the 2022–2031 period, the Congressional Budget Office estimates. On November 18, CBO reported that a previous version of the bill would increase the deficit by $367 billion over that period.

In addition, CBO estimates that the funding for tax enforcement activities provided by both versions of the bill would increase revenues by $207 billion through 2031. Under long-standing guidelines agreed to by the legislative and executive branches, that change in revenues is not included in CBO’s estimate of the budgetary effects of the bill.

The estimated cost of the House-passed bill is $2 billion less than the estimated cost of the earlier version because an appropriation for administrative expenses for the Social Security Administration was in section 130001 of the previous version of the bill and not in the version of the bill that was passed.
"
manman01
09.12.2021 kl 20:16 5735

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
"
CBO estimates that enacting this title would result in a net increase in the deficit totaling $156.9 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $157.7 billion and an increase in revenues of $0.8 billion.
"

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
"
CBO estimates that enacting this title would result in a net increase in the deficit totaling $30.3 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $34.0 billion and an increase in revenues of $3.6 billion.
"

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
"
CBO estimates that enacting this title would result in direct spending outlays totaling $5.0 billion over the 2022-2031 period.
"

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
"
CBO estimates that enacting this title would result in direct spending outlays totaling $4.8 billion over the 2022-2031 period.
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Redigert 09.12.2021 kl 20:17 Du må logge inn for å svare
manman01
09.12.2021 kl 20:34 5661

How ‘transformative’ Build Back Better plan could supercharge US solar sector
https://www.pv-tech.org/how-transformative-build-back-better-plan-could-supercharge-us-solar-sector/
DECEMBER 9, 2021
manman01
09.12.2021 kl 20:36 5727

Leading Rating Agency Concludes Passage Of Build Back Better Act Will Ease Inflation
https://finance.yahoo.com/news/leading-rating-agency-concludes-passage-144500293.html
DECEMBER 9, 2021
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WASHINGTON, Dec. 9, 2021 /PRNewswire/ -- Analysis by economists at Moody's Analytics shows passage of the Build Back Better Act will help ease inflation. With concern about inflation in the news, Moody's chief economist told Reuters that the Build Back Better Act along with recent infrastructure investments will "lift long-term economic growth via stronger productivity and labor force growth, and thus take the edge off of inflation."

Elgie Holstein, Senior Director for Strategic Planning at Environmental Defense Fund and former Special Assistant to the President for Economic Policy at the National Economic Council, commented, "It's clear the Build Back Better Act will lower energy costs for families while easing inflation. It's a win-win for the American people. This conclusion by leading economists that passing the Build Back Better Act will ease inflation makes the case for the bill that much stronger.
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