Biden rebuilds better bill that passes House procedural vote – News Couple

Biden rebuilds better bill that passes House procedural vote

House Speaker Nancy Pelosi, D-Calif., and House Majority Leader Steny Hoyer, D-Calif. Better Law and Infrastructure Bill at the US Capitol on Friday, November 5, 2021.

Tom Williams | CQ-Roll Call, Inc. | Getty Images

WASHINGTON — The House of Representatives passed a major procedural vote early Saturday morning to ultimately line up the Building Better Act, President Joe Biden’s Social Safety Net and a climate change bill.

The vote on the partisan line came shortly after the House passed late Friday night a bipartisan Senate-approved infrastructure bill worth $1 trillion, which will now go to Biden’s desk.

The procedural vote on the larger social services and climate plan represented a partial victory for the White House and House Democratic leaders, who had hoped to pass both the procedural vote and the final bill on Friday.

However, the move showed for the first time that the caucus of Democrats could unite behind a vote to advance the rebuilding better legislation, even if they couldn’t come together to vote to pass the final bill.

“The Building Back Better Act will be a one-time investment in our generation,” Biden said in a statement praising the passage of the infrastructure plan and the successful procedural vote for his social and climate plan.

The final pass plan collapsed late Friday morning, when it became clear that a small group of House moderates would not vote for the bill until they saw an economic analysis from the Congressional Budget Office on the bill’s long-term effects on the budget deficit, notoriously. as a CBO degree.

Even a procedural vote looked suspicious for several hours Friday afternoon after progressives rejected the idea of ​​passing a final version of the accompanying infrastructure bill favored by moderates, without passing a final version of the Rebuilding Better Act.

The impasse was only resolved after Biden personally intervened and brokered an agreement. The moderates agreed to issue a formal vote pledge on the social spending law, on the condition that the CBO’s result shows that it will not increase the budget deficit.

It is unlikely that this report will be ready for several days, however, Congress will be in recess next week. At first, it looked as though House moderates would be satisfied with a report released Thursday by the nonpartisan Joint Committee on Taxation.

This report found that the $1.75 trillion social spending bill would not add to the federal deficit in the long run. But the report did not take into account several key parts of the bill that were still being negotiated early this week, when the analysis was conducted.

The procedural vote determines the terms of the final vote, such as the amount of time each party has to debate the bill on the House floor, and whether any amendments can be made. It also outlines what the bill will contain when it is finally put to an official vote later this month.

What’s on the bill:

  • An international nursery for all children from 3 to 4 years old. In addition to helping millions of children better prepare for school, this feature will enable parents of young children to return to the work force early.
  • cap childcare costs at 7% of income for parents who earn up to 250% of the state’s median income.
  • 4 weeks of federally paid parental leave, sickness, or care.
  • A year of extended tax credits for children. Over the past year, these funds have lifted families with more than 3 million children out of poverty, and reduced overall child poverty in America by 25%.
  • Extended Affordable Care Act Subsidies in the Pandemic Era. So far this year, these subsidies have increased ACA enrollments by more than 2 million.
  • New hearing aid benefits for Medicare beneficiaries, including new hearing aid coverage every five years.
  • A $35 monthly limit on the cost of insulin under Medicare, and a maximum out-of-pocket cost of $2,000 annually.
  • $500 billion to fight climate change, largely through clean energy tax credits. This represents the largest ever federal investment in clean energy.
  • Increase the state and local tax deduction limit from $10,000 to $80,000.

During most Thursdays and early Fridays, it looked as if the entire bill would pass, as House Speaker Nancy Pelosi and Democratic leaders struck deals with a handful of naysayers.

These included a small group of Democrats who insisted on immigration language in the bill, a group of lawmakers from the Northeast who opposed the SALT minimum deduction, and a third group of moderates who refused to support giving Medicare sweeping powers to negotiate prescription drug prices. .

In each case, the leaders and members reached a compromise. But in the end, the lack of a CBO degree was unacceptable to half a dozen moderates.

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The House will be out in recess next week, back to the week of November 13th. If there is a CBO result by then, the House will likely move immediately to a final vote on the bill.

Once the final bill is approved by the House, the Better Reconstruction Act goes to the Senate, where it will likely be reviewed. There, two conservative Democrats have a big influence on what happens next: Senate swing vote President Joe Manchin of West Virginia and Kirsten Sinema of Arizona.

Manchin has already said he opposes including paid time off in the bill. Meanwhile, Senate Budget Committee Chairman Bernie Sanders, I-Vt. , he opposes raising the maximum SALT deduction, arguing that it favors wealthier taxpayers and costs the government billions of dollars.

Senate Majority Leader Chuck Schumer said he hopes the Senate will pass his version of the Rebuilding Act better after House approval, and before Thanksgiving.

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