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