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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBudget Office to Publish Cost Estimate for Biden Agenda by Friday
(Bloomberg) -- The non-partisan Congressional Budget Office said its full cost estimate of President Joe Bidens signature tax and spending bill might not be ready until Friday, threatening to push a planned House vote on the legislation to the weekend or later.
The CBO analysis also may show that the legislation falls short of fully paying for itself because of differences with the White House over how much revenue could be generated by stricter enforcement of tax laws by the Internal Revenue Service. Yet its not clear that will be enough to slow down momentum for passage in the House.
The budget agency has already completed work on portions of the bill. CBO director Phillip Swagel said in a blog post that the rest, including core health care, tax, climate and childcare elements, will be finished by the end of the day Friday.
If we can get it done before then, we will, Swagel later told an audience at the Bipartisan Policy Center Monday. We are not trying to get it in at the end of Friday.
https://www.msn.com/en-us/news/politics/budget-office-to-publish-cost-estimate-for-biden-agenda-by-friday/ar-AAQJG81
MichMan
(11,974 posts)Wouldn't it be the right thing to be doing already?
LiberalFighter
(51,094 posts)Sinema's county. Maybe CBO will determine it revenue neutral.