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Posts: 155

Build Back Better coming up for vote tonight -- (link)

Posted by TWuG Nov 18 '21, 14:48

(No message)

https://twitter.com/ThePlumLineGS/status/1461460599787991049?t=gykucFfkkWeJyWGUzL9y4A&s=19 (twitter.com)

Responses:

This is separate from the infrastructure bill? -- nm - Mop Nov 18, 14:54 16
- I’m not sure if you’re serious but yes. -- nm - spamlet Nov 18, 14:58 15
  - I am. Follow up question: Does this still need to go to the Senate for a vote? -- nm - Mop Nov 18, 14:59 14
    - Yes -- nm - ty97 Nov 18, 15:00 13
      - And -- (link) - ty97 Nov 18, 15:01 12
        
        Decreases the deficit by $127B -- nm - Volnelk Nov 18, 15:06 11
        
        not sure of your source for that number, CBO website says BBB will increase the deficit by $367 billion, cumulatively, over ten years -- (edited) - znufrii Nov 18, 15:16 10
        
        Which realistically is a rounding error in the budget. -- nm - pmb Nov 18, 15:24 5
        
        not quite that small. Quick and dirty I figure it's about 0.6% of total annual federal spending (~$6.0t), or about 5% of non-defense discretionary spending (~$700b). -- nm* - znufrii Nov 18, 15:29 4
        
        I would consider .6% essentially a rounding error (especially at these numbers). -- nm - pmb Nov 18, 15:48
        
        (again, not including the IRS enforcement revenue) -- nm - znufrii Nov 18, 15:37 2
        
        Which I think CBO is banned from including for some reason. -- nm - spamlet Nov 18, 15:40 1
        
        "...under guidelines agreed to by the legislative and executive branches..." - znufrii Nov 18, 15:43
        
        But what's in it for ME?! -- nm - Mop Nov 18, 15:21 3
        
        I can find the multi-thousand page bill again if you want to read it. -- nm - spamlet Nov 18, 15:36
        
        Only direct positive for me, as far as I am aware so far, is the extension of the enhanced child tax credit. -- nm - znufrii Nov 18, 15:24 1
        
        I don't qualify, so I don't like it, and I want it to burn! -- nm - Mop Nov 18, 15:29

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