Friday, October 29, 2021

Biden Reveals Framework For His Build Back Better Bill


It looks like Democrats have finally agreed on a framework for President Biden's Build Back Better Bill that could finally pass both houses of Congress. On Thursday, the President met with Democrats to reveal what is in the bill.

The bill is not everything that progressives wanted. It doesn't contain the free community college provision, the expanded Medicare provisions for vision and dental, Medicaid coverage for the poor in states that have not expanded it, family paid leave, and significantly cut the climate change provisions. 

But it is still a good bill. It will help working and middle class Americans, and it will provide a boost to the economy.

But it is just a framework. We'll have to see what the bill looks like after it is written. Hopefully, it will still look good, and have both Manchin and Sinema on board.

Republicans will claim it costs too much, but that will be a lie. The bill is paid for with some new taxes on the rich and corporations, and an enhanced IRS.

Below is what is still included in the bill, and how it is going to be paid for (from The NY Times):



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