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ICYMI: CNBC: BUILD BACK BETTER UNLIKELY TO ADD TO LONG-TERM DEFICITS, SAYS NONPARTISAN PANEL

The Build Back Better Act would raise $1.48 trillion in revenue and would be unlikely to add long-term deficits, according to the Joint Committee on Taxation (JCT). The nonpartisan analysis adds significant weight to leading economists’ findings: that the Build Back Better Act will boost the economy by creating millions of jobs, lowering costs, and cutting taxes for middle-class families.



NEW ANALYSIS: VOTERS CONTINUE TO SUPPORT THE BUILD BACK BETTER AGENDA 

Invest in America and Data for Progress conducted a survey of 1,177 likely voters from October 29 to November 1, 2021, just after the White House released President Biden’s new proposed framework, to test voters' attitudes towards the newly released Build Back Better framework. As Data for Progress has  found before, the Build Back Better plan — along with each of its provisions — is vastly popular with voters, even when they are told how it will be paid for and given arguments against its passage.


PRESS RELEASE: NEW POLL: BUILD BACK BETTER FRAMEWORK SUPPORTED BY A BROAD MAJORITY OF VOTERS 

A majority of voters support the Build Back Better Act framework announced by President Biden last week and strongly support its provisions, according to a new poll released today by Invest in America and Data For Progress. Additionally, the poll found that a majority of voters believe the plan will create millions of jobs and new opportunities for Americans, including those without college degrees.


PRESS RELEASE: LEADING ECONOMISTS: THE BUILD BACK BETTER ACT WILL EASE INFLATION

For months, leading economists have agreed that the Build Back Better Act will ease inflationary pressures by making long-term investments in the economy’s growth and productivity. These initiatives will help parents get back to work, improve education and productivity, and – when combined with the Bipartisan Infrastructure Deal – help address supply chain backlogs by fixing key infrastructure like roads, bridges, and ports.




ICYMI: TREASURY SECRETARY YELLEN SAYS SPENDING BILLS WILL BE ANTI-INFLATIONARY, LOWERING IMPORTANT COSTS

The Build Back Better Act and the Bipartisan Infrastructure Deal will ease inflationary pressures by increasing the economy’s supply potential, according to Treasury Secretary Janet Yellen. Secretary Yellen made the case for the passage of both bills on Friday from Rome, saying American families will see key expenses lowered once the framework’s investments are implemented.


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