FACTSHEET: HOW DELAYING BUILD BACK BETTER HURTS AMERICANS 

Every Day That Passes in 2022, Americans Are Feeling the Pains of Congress’ Failure to Pass the Build Back Better Act

The expiration of several crucial public investments on January 1, 2022, including the expanded child and earned income tax credits, means that Americans are feeling the economic pressure of Congress’ failure to pass the Build Back Better Act. Once passed, the Act will lower costs, continue important tax cuts, and create jobs for middle-class Americans.

Here’s a rundown of how Americans will be hurting until Congress passes the Build Back Better Act:

Child Care

Elder Care + Home & Community Based Services (HCBS)

  • Without Build Back Better’s investments into services to support the elderly and people living with disabilities in their homes, the U.S. will miss out on 390,000 new jobs each year
  • Failure to pass Build Back Better’s HCBS provisions would also remove an estimated $4 billion in additional income for workers and their families. 

Universal Pre-K

Clean Energy

  • The clean energy investments in the Build Back Better Act would set the country on a path of achieving net-zero emissions economy-wide by 2050, according to S&P Global
  • Experts say the Build Back Better Act is our last best chance to set the United States on course to combat the climate crisis, and failure to pass the bill would seriously imperil our decarbonization efforts

Higher Education 

Paid Leave

Child Hunger

Housing

  • Without Build Back Better, the United States will continue experiencing a dire shortage of affordable housing. There’s currently no state or county in the country where a full-time worker at minimum wage can afford  a two-bedroom apartment. 
  • The U.S. has a shortage of 6.8 million rental homes affordable and available to extremely low-income renters, and without Build Back Better’s investments into affordable housing, the shortage will remain or become worse. 

Health Care

  • Without the Build Back Better Act, 4 million uninsured people in states that have locked them out of Medicaid will continue to lack health care coverage. 
  • Failure to pass the Build Back Better Act takes away an average premium savings of $600 per year for more than 9 million Americans. 
  • Older Americans are currently unable to access hearing benefits through their Medicare, and failure to pass Build Back Better would keep them unable to access hearing benefits. 

Addressing Omicron 

  • The surge of Omicron variant infections overwhelmed laboratory testing capacity
  • The Build Back Better Act could provide $1.4 billion to help laboratories increase Covid testing capacity, and enhance capabilities to detect new variant strains. 
  • The bill could invest $1.3 billion in vaccine production and procurement, and for the replenishment of vital supplies for the Strategic National Stockpile. 
  • The Build Back Better Act could also include over $16 billion meant for nurse training programs, and for state health departments to increase their emergency preparedness and help reduce health care worker shortages. 

Prescription Drugs

  • The average cost of prescription drug treatments increased 26.3%, while the annual income for Americans only increased 15.4%.
  • Without Build Back Better’s provisions to negotiate lower drug prices, Americans will continue paying excessive amounts for their medication, oftentimes paying three times more than other countries for the same brand name drugs. 
  • Over 22 million U.S. residents have diabetes, and without the Build Back Better Act’s $35-a-month cap on insulin, many will continue being unable to afford their life-saving medicine. 

Child Tax Credit + Earned Income Tax Credit