1. Build Back Better โ Budget Reconciliation Plan
โข $3.5 billion in spending over 10 years beyond the
separate proposed $1.2 billion bipartisan
infrastructure bill
โข Can be approved along party lines with 50 votes by
Senate Democrats
โข Current consensus is the total package will need to be
reduced below $2 billion to gain support from
Democratic moderates in the Senate
Hereโs how the current $3.5 billion breaks down by
initiative areaโฆ
3. Finance Committee investments:
โข $1.8 billion
โข Paid Family and Medical Leave
โข Obamacare (ACA) extension
โข Dental, vision, hearing coverage under Medicare
โข Graduate medical education
โข Child Tax Credit extension
โข Clean energy and transportation incentives
โข Housing incentives
โข State and Local Tax (SALT) relief
4. Health, Education, Labor investments:
โข $726 billion
โข Universal pre-K
โข Childcare for working families
โข Tuition-free community college
โข Investments in HBCUs, MSI/HSIs, TCUs, ANNHIs
โข Increase in maximum Pell grant awards
โข School infrastructure
โข Pandemic preparedness
โข Workforce training
5. Banking investments:
โข $332 billion
โข Affordable housing
โข Community Land Trusts
โข Transit improvements
โข Public housing
6. Energy investments:
โข $198 billion
โข Clean electricity
โข Consumer rebates to weatherize and electrify homes
โข Financing for domestic clean energy and auto supply
chain tech
โข Climate research
7. Agriculture investments:
โข $135 billion
โข Conservation, drought, forestry investments to reduce
carbon and prevent wildfires
โข Rural development and clean energy investments
โข Agricultural climate research and infrastructure
8. Judiciary investments:
โข $107 billion
โข Permanent status of immigrants
โข Smart border security
โข Community violence intervention
9. Commerce, Science and Technology investments:
โข $83 billion
โข Transportation technology
โข Research, manufacturing, and economic development
โข Coastal resilience
10. Environment and Public Works investments:
โข $67 billion
โข Clean Energy Tech Accelerator initiative
โข Clean water affordability and access
โข Green buildings and clean vehicles