President Biden Announces the Build Back Better Framework

manman01
RECSI 28.10.2021 kl 15:45 174135

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
09.12.2021 kl 21:41 10874

På dager som dette er denne informasjonen gull verdt. Takk manman! Ingenting er forandret ved caset. Kun shortere og spekulanter som herjer med aksjekurs og sprer desinformasjon og frykt. Det er bare å fylle opp med flere aksjer ; )
manman01
10.12.2021 kl 07:00 10318

Det er en fornøjelse, tak for at læse med :)
manman01
12.12.2021 kl 18:36 9756

56 Top Economists: Build Back Better Act Will Alleviate Inflation, ‘lower everyday costs for families’
https://www.speaker.gov/newsroom/121021-3
DECEMBER 10, 2021
Slettet bruker
12.12.2021 kl 18:43 9828

Sikkert mange andre også som nå har en type spenning i kroppen "Vil virkelig BBB bli vedtatt før 2022". Etter nesten 50 år (i perioder) aktiv på børsen, er dette 1. gang jeg er All In over lengre tid. Både intuitivt og kunnskaper om REC, forteller meg at investeringen er 99.98% sikker.
Slettet bruker
12.12.2021 kl 19:29 9572

Democrats are going to do "everything to get" President Joe Biden's Build Back Better Act done by Christmas, Sen. Amy Klobuchar said Sunday.

"We have to get this done, Jake. And Senator (Joe) Manchin is still at the negotiating table," Klobuchar, a Democrat from Minnesota, told CNN's Jake Tapper on "State of the Union," referring to a moderate member of her party who has voiced some reservations on the proposal.

https://www.cnn.com/2021/12/12/politics/amy-klobuchar-build-back-better-cnntv/index.html
manman01
13.12.2021 kl 19:46 8629

Domestic manufacture of solar modules, trackers, inverters incentivized in Build Back Better
https://pv-magazine-usa.com/2021/12/13/domestic-manufacture-of-solar-modules-trackers-inverters-incentivized-in-build-back-better/
DECEMBER 13, 2021
"
The Senate Finance Committee released its draft of the Build Back Better (BBB) infrastructure bill, and in it are up-front incentives for the domestic manufacturing of solar PV wafers, cells, modules, trackers, and inverters. Committee chair Ron Wyden (D-OR) is expected to lead conversations at the committee holds bipartisan meetings on the bill.

Included in the bill is an incentive for the manufacture of thin film PV or crystalline PV cells. The incentive would pay $0.04 per watt DC capacity of the cell. PV wafers would be offered $12 per square meter, and solar-grade polysilicon is offered $3 per kilogram U.S.-made solar modules are offered an incentive of $0.07 per watt.

Trackers have been added to the bill. Structural fasteners would qualify for $2.28 per kilogram, longitudinal purlins $0.87 per kilogram, and structural fasteners $2.28 per kilogram.

Inverters were also a new addition to BBB. Microinverters, with capacity of 650 W or less can receive $0.11 per watt, while other residential inverters with 20 kW capacity or less are offered $0.065 per watt. Commercial inverters that range between 20 kW and 170 kW would be eligible for an incentive of two cents per watt.
..
"
Redigert 13.12.2021 kl 19:47 Du må logge inn for å svare
Slettet bruker
13.12.2021 kl 20:06 8488

3 dollar/kg utgjør 540 millioner/ år ekstra for RECsi ved 100% utnyttelse av ML.

Aksjen stenger ned 10% lavere en Hanwha sin emisjon og innkjøp på totalt 1,5 milliarder… Aksjonærer vil bedras.
Flaks for han som tok opp lån og kjøper seg inn for 3 millioner…🤩
Trollstuket
13.12.2021 kl 20:23 8348

Tror vi vil ligge under 20,- til REC har fått fullført emisjonen mot HS.

Dersom vi hadde ligget på 25+ når "emisjonen" blir gjort opp ville vi nokk gått ned til rundt 20,- uansett.
Nå har de selv sagt att dette vil bli gjort "early 2022" så iløpet av Januar burde både dette og BBB være i boks.
Da kan himmelferden starte.

Heldig for meg får jeg fortsatt 1-2 måneder å laste opp :)
Slettet bruker
13.12.2021 kl 20:28 8313

Spennende med RECsi sin utvidelse - de ønsker mer eiendom… mon tro om den ekstra milliarden kan være til waferfabrikk. Da tror jeg nok kurs 20 og 25 forsvinner fort🏹

Saken skal opp igjen i City Counsil i morgen- en børsmelding er nok rundt hjørnet//
Trollstuket
13.12.2021 kl 20:41 8336

De har absolutt store planer, og det har vell flesteparten fått med seg.
REC har fortsatt mye å bevise for sine aksjonærer, og det tror jeg vi vil få betalt for ganske raskt.

Det gledes til fortsettelsen
Slettet bruker
13.12.2021 kl 20:56 8244

Dette gledes ja. Meget spent på møtet mellom president Biden og Senator Joe Manchin nå i kveld. Har registrert at det i dag snakkes det nesten kun om faren om en inflasjon. Før har han også hatt flere andre innvendingen. Kanskje disse alt er løst !. Blir møtet i kveld derfor positivt, er jeg rimelig sikker på at BBB blir stemt inn før jul.
Slettet bruker
13.12.2021 kl 23:04 7854

https://thehill.com/homenews/senate/585617-more-than-450-groups-urge-senators-to-pass-social-spending-package-before

« A group of more than 450 organizations is calling on the Senate to pass President Biden's social spending and climate package that has already been approved by the House before adjourning for Christmas.»
Slettet bruker
13.12.2021 kl 23:08 7926

https://m.youtube.com/watch?v=FiAXgUICqPA

Siste halvdel som er interesant.

De skal få økt gjeldstaket i morgen og schumer virker veldig trygg og sikker på bbb blir stemt over før jul.

Video fra i dag
manman01
14.12.2021 kl 01:22 7735

'Anything is possible,' Manchin says after talks with Biden on $1.75 trln bill
https://www.reuters.com/world/us/biden-manchin-may-speak-monday-democrats-push-2-trillion-spending-bill-2021-12-13/
DECEMBER 13, 2021
"
WASHINGTON, Dec 13 (Reuters) - Democratic Senator Joe Manchin was noncommittal on Monday after discussions with President Joe Biden about a key $1.75 trillion social spending bill, but said "anything is possible" when asked if the bill could pass before Christmas.

Manchin, a moderate who has stood as a stumbling block to some major Biden initiatives, told reporters "the conversations are positive" about the bill, which is a key part of the White House agenda.

The pair spoke on Monday as Biden attempted to ease passage of the "Build Back Better" bill, which aims to bolster the social safety net and fight climate change.
..
"
Sa2ri
14.12.2021 kl 08:24 7355

"He said he and Biden “were just talking” about “different iterations” of the legislation."

"different iterations" = justeringer. Kan bli vedtatt når som helst sent denne, eller i løpet av neste uke.

"Senate Majority Leader Charles Schumer (D-N.Y.) said Monday he is still pressing for a vote before Christmas and noted that Republicans and Democrats will hold bipartisan meetings with the parliamentarian this week to conduct final reviews of the provisions in the bill."

https://thehill.com/homenews/senate/585633-biden-tries-to-budge-manchin
Redigert 14.12.2021 kl 08:26 Du må logge inn for å svare
Stonks_
14.12.2021 kl 08:26 7412

Da var manchin gått fra å være den grinebiteren til å være nøytral nå, er hvertfall litt bedre sjanse for at den går igjennom nå hehe
manman01
14.12.2021 kl 09:09 7192

Solar Prices Continue to Rise but Build Back Better Act Will Boost Installs 31% Through 2026
https://www.seia.org/news/solar-prices-continue-rise-build-back-better-act-will-boost-installs-31-through-2026
DECEMBER 14, 2021
Nsxnsx
14.12.2021 kl 09:20 7070

Takk for at du finner og deler :)
Slettet bruker
14.12.2021 kl 10:24 6823

Kommer vel snart presidentordre på at Moses Lake må startes ASAP.
manman01
14.12.2021 kl 11:18 6595

Redefining the US ‘solar coaster’
https://www.woodmac.com/news/opinion/redefining-the-us-solar-coaster/
DECEMBER 14, 2021
manman01
14.12.2021 kl 11:22 6594

Solar Market Insight Report 2021 Q4
https://www.seia.org/research-resources/solar-market-insight-report-2021-q4
DECEMBER 14, 2021
manman01
14.12.2021 kl 11:27 6603

Det er en fornøjelse, tak for at læse med :)
Slettet bruker
16.12.2021 kl 12:08 5957

https://edition.cnn.com/2021/12/15/politics/manchin-child-tax-credit-biden-build-back-better/index.html

Ser ikke veldig løfterikt ut.. Er mer og mer som taler for at BBB skyves over nyttår nå, og er nok hva som bremser et bedre rekyl for aksjen i dag også
Slettet bruker
16.12.2021 kl 12:09 6037

Ser dårlig ut, men har ligget litt i kortene en stund så ikke så veldig overraskende egentlig. Burde ikke gi noen særlige reaksjoner på kursen etter mitt syn.
Skalleknarp
16.12.2021 kl 12:21 5952

Det er vel bare å konstatere at BBB er forsinket men at den kommer når den kommer. Tror nok at det ikke bare er oss på denne tråden og RECSI som er utålmodige å få en avgjørelse - positiv avstemmning og komme i gang. Bra og et godt tegn at kursen på tross holder seg så pass godt i dag. Tvi - tvi vi står han nok av denne gangen også skal dere se mens vi venter på "blue sky's". :)
Slettet bruker
16.12.2021 kl 13:15 5753

Rart at en person kan holde en nasjon som gissel . Usa trenger BBB ….
Stonks_
16.12.2021 kl 14:24 5798

Trenger ikke bbb spør du meg, spiller ingen rolle med det sosiale sikkerhetsnettet de prøver å lage. Problemet er at Sema holdes som gissel i bbb, så ta den ut av bbb og stem den igjennom for seg selv ettersom at republikanere vil også ha den. Få det igjennom, en hel røys med selskaper som bare sitter på gjerdet å venter. De har ikke tid til dette og de starter garantert ikke opp før den er igjennom, om de bet at det er en mulighet for at den skal gå igjennom
Skalleknarp
16.12.2021 kl 14:25 5896

Enig, det er ufattelig mye som er på hold - i spill. Har gode nerver den karen som står imot avtaleinngåelse. Det er jo ikke akkurat noen småsummer heller da...
Slettet bruker
16.12.2021 kl 14:37 5878

Klimainsentivene kommer, enten under BBB eller alene.
Jeg skjønner at folk vil triple pengene sine før jul, men løfter man blikket litt lenger så ordner det seg.

RECsi har tid. Investeringene er gjort, de har penger på bok, og planen er oppstart om et år. Om det børsmeldes i desember, januar, februar eller mars spiller liten rolle.

Selskapet har to milliarder på bok og jobber med utvidelser, både i Butte og ML. Hanwha er på eiersiden/ så hva med å konstatere at kursen er lav og samtidig slå seg til ro med at den vil komme og mangedoble seg. Med flaks så starter det til uken jf styremøte til uken, holder kursen seg her i sumpa er det bare å ønske seg penger til jul og kjøpe mer i romjula🏵
Redigert 16.12.2021 kl 14:38 Du må logge inn for å svare
Slettet bruker
16.12.2021 kl 14:50 5777

Litt på siden, er det noen sjans for at disse pengene kan også bli brukt til å betale hele, eller deler av obligasjonsgjelden på $110 millioner som forfaller april 2023? Har ikke vært nevnt av selskapet, men tidligere har dem sagt at pengene som allerede stod på bok var nok til å starte ML.

Så enten må disse pengene være tiltenkt ekspansjon som vi har noen få indisier på allerede via lokale myndigheter i ML. Eller så kan de rett og slett gå til å betale litt gjeld.

Enig i at dette går veien. Uansett! Ikke småtteri hva de driver med i EU heller. Kan jo være uenig eller enig så mye man vil. Investeringer vil dreies mot ESG på grunn av politikk i hele verden. Og det er bra for aksjonærer i REC.
Opportunist1
16.12.2021 kl 14:58 5748

Den gjelda refinansierer de glatt. Ikke behov om å betale ned. Tipper at refinansiering skjer i løpet av 2022. Du venter ikke til siste liten med å refinansiere.
puzzle
16.12.2021 kl 15:05 5699

Dette kan vente til over nyåret, mindre formue skatt i år.
Slettet bruker
16.12.2021 kl 15:27 5550

Jeg tror også det går uten problemer, men med mye bedre renter. Nå er årlige renter ca 105-110 millioner kroner. Ganske sykt.

Kan gi ganske god fortjeneste på bunnlinjen å kvitte seg med dette dyre lånet, eller refinansiere til noe under 11.5% rente.
Redigert 16.12.2021 kl 15:27 Du må logge inn for å svare
Opportunist1
16.12.2021 kl 16:08 5303

Enig. En rente på rundt 8-9% bør de klare å få.
Slettet bruker
16.12.2021 kl 16:17 5224

Ref svar fra questi i en annen tråd en stund tilbake - det er "straffegebyr" hvis en innfrir før utløp...
https://finansavisen.no/forum/thread/133178/view/3350753
Redigert 16.12.2021 kl 16:18 Du må logge inn for å svare
SL
16.12.2021 kl 16:34 5101

børsen opp 2% og vi er nede 1 prosent jaja