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Congressional Budget Office to release cost estimate for Build Back Better

November 15, 2021 by admin 0 Comments

Score will be important for key Democratic

The Congressional Budget Office (or CBO) is to release it’s cost estimate for the Build Back Better Act by November 19th. The $1.75 trillion social spending and climate package is touted as being paid for.

If the score is above $1.75 trillion, it could give moderate Dem Sen. Joe Manchin (D-W.Va.) and other centrists a reason to oppose the measure. The Biden administration is already had to cut its program from $3.5 trillion.

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This article was originally published by Forexlive.com. Read the original article here.