Cost of Democratic spending bill would double if temporary provisions extended, budget watchdog says
President Joe Biden’s climate and social spending bill would cost nearly $5 trillion if several temporary provisions are made permanent, a nonpartisan budget think tank estimates.
The Committee for a Responsible Federal Budget, a group that advocates for lower deficits, said Monday the current House iteration of the Build Back Better Act relies “on a number of arbitrary sunsets and expirations” to lower its sticker price. Republicans and outside groups have criticized those features of the bill as budget gimmickry.
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