Yesterday the House Rules Committee released the Committee Print of the Reconciliation (Build Back Better) legislation which is numbered HR 5376.

The Bill spends almost $550B on climate programs, a new family leave program would be created, and a Medicare drug price negotiation regime. It would also increase certain taxes on high-income individuals, expand subsidies under the Affordable Care Act, and make the child tax credit permanently refundable while extending a boosted credit for one year.  The bill, in this form or anything similar, will likely undergo significant changes should it pass the House and go to the Senate.

 

Our team has broken this extremely large bill down into digestible summary memos (click to read) including: