CBO Releases Build Back Better Act Estimates

CBO Releases Build Back Better Act Estimates

U.S. Congressional Budget Office

The total changes in direct spending for Title XIII of the Build Back Better Act (H.R. 5376) are estimated to cost $419.9 billion between 2022-2031, with total changes in revenue estimated at $1.2 trillion between 2022-2031, for an overall deficit decrease of $797.7 billion, the Congressional Budget Office said in a November 18 report.

<a href="/lr/resolve//79g96">Tracking the 2021 Tax Overhaul Proposals</a>

The total changes in direct spending for Title XIII of the Build Back Better Act (H.R. 5376) are estimated to cost $419.9 billion between 2022-2031, with total changes in revenue estimated at $1.2 trillion between 2022-2031, for an overall deficit decrease of $797.7 billion, the Congressional Budget Office said in a November 18 report.

The total changes in direct spending for Title XIII of the Build Back Better Act (<a href="/lr/resolve//7ckrc">H.R. 5376</a>) are estimated to cost $419.9 billion between 2022-2031, with total changes in revenue estimated at $1.2 trillion between 2022-2031, for an overall deficit decrease of $797.7 billion, the Congressional Budget Office said in a November 18 report.