The battle for President Bidens Build Back Better Law on Social Expenditure has only just begun.
After months of squabbling, the $ 2 trillion budget bill passed in Parliament on Friday with a slim vote of 220-213.
But in the Senate, Democrats are preparing for a fierce battle over a bill that some members of the party have hailed as a 21st-century New Deal that will spend billions on education, the environment, housing and health care.
“The House bill will most likely be cut in the Senate,” a Capitol Hill insider told The Post. “The negotiations are now laser-focused, with members discussing the things they want, the things they want to adjust, and the things they just want out.”
Democrats expect to manage it alone in the equally divided Senate of 50-50, the insider said, as the GOP stands firmly against.
“Not a single Republican will vote in favor of this bill,” the rep said. Steve Scalise (R-La.), The House minority whip, to Fox News Saturday.
Typically, bills require 60 votes to overcome Senate filibuster rule that ends debate on a measure. Without the support of the GOP, Schumer will have to rely on a process known as reconciliation, a special exception to budget-related legislation that allows passage by a simple majority in the Senate.
But the strict rules for the reconciliation process mean that the House’s version of Build Better Back is coming to major changes.
Reconciliation can only be used on bills that are budget neutral – that is, will not increase the federal deficit over a ten-year period.
That’s why Build Back Better includes $ 80 billion for heavier IRS enforcement – and why the Congressional Budget Office’s conclusion that it will add $ 367 billion to the debt will force the Senate to carry out major editing work.
Probably on the hook: the sharp rise in the state and local tax (SALT) ceiling that allows wealthy taxpayers to deduct more from their federal returns – at an estimated cost of $ 285 billion, according to the Committee on a Responsible Federal Budget – combined with with paid family leave and universal preschool.
Moreover, the Senate’s ‘Burden Rule’ means that no “foreign affairs” are allowed in a bill passed under voting rules: only expenses and revenue items are allowed.
It could remove some of Parliament’s most treasured provisions – such as an immigration review that would give a 10-year parole to millions of illegal immigrants. Senate MPs will ultimately decide which parts of Parliament’s bills can remain.
The debate will take weeks, with the entire Congress now at home for a week’s Thanksgiving break.
“Christmas can be the 5-yard line,” the insider predicted, with a final vote before New Year’s Eve.
“It’s the Waterford ball or bust,” he said.
What’s in it, what’s out of Bidens Build Back Better
In the BBB:
Climate programs: up to $ 570 billion in tax deductions and expenses, including $ 144 billion for renewable electricity, $ 7.5 billion for charging stations for electric vehicles and a credit of $ 7,500 for electric motorcycles
Childcare: $ 382 billion for a new childcare program plus universal preschool for 3- and 4-year-olds
Salary during absence: $ 206 billion for four annual weeks of federally funded family and sick leave
Child tax deduction: $ 203 billion for a one-year extension of $ 250-per-child checks for most families
Home health care: $ 150 billion for home care workers
Medicaid and other health care: $ 165 billion for Obamacare grants, hearing services and drug cost ceilings
Housing: $ 148 billion for public housing, rental assistance and new tax deductions
Education: $ 39.8 billion for Pell grants, funding for minority high schools and grants for illegal immigrants
Tax enforcement: $ 80 billion to expand IRS and hire 80,000 new agents
Corporate taxes: $ 814 billion
Individual taxes: $ 655 billion on those earning $ 10 million or more
Out of the BBB
Free community college
Medicare dental and vision coverage
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