House Passes Build Back Better Act >>

November 19th, 2021

House Passes Build Back Better Act

This morning, the House voted 220-213 to pass the $1.85T Build Back Better Act, the “human infrastructure” social spending bill and a cornerstone of President Biden’s agenda.

The 2,468-page bill is essentially a mash-up of the Democratic Party’s main domestic priorities. Although it has been shrunken down from its original $3.5T size, the measure still has substantial implications. Key provisions include:

  • Universal and free preschool for all 3 and 4-year-olds;
  • Makes the largest investment in combatting climate change in U.S. history, mainly through tax credits for solar panels, electric vehicles, and other clean energy products;
  • Offers four weeks of paid family and medical to all workers;
  • Expands Medicare to cover hearing benefits for seniors;
  • Allows the government to negotiate some prescription drug prices for the first time, although it will only apply to a certain class of expensive drugs;
  • Extends the expanded Child Tax Credit (which offers monthly payments to parents of nearly 90% of American children) for one year;
  • Strengthens Obamacare by reducing health care premiums for some middle-class Americans and by expanding Medicaid in states that have yet to do so; and
  • Makes additional investments in child care, elder care, public housing, and higher education.

The bill will now head to the Senate for final passage. The bill should have the votes on the Senate side after prolonged negotiations with Senators Sinema (D-AZ) and Manchin (D-WV) trimmed down the bill and eliminated some of the provisions they would not support.

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