Build Back Better Act: Details & Analysis of the $3.5 Trillion Budget Reconciliation Bill

According to our analysis, the House Ways & Means reconciliation tax plan would increase federal revenue on net by $1.06 trillion over the next decade, but would also reduce long-run economic output by 0.98 percent, eliminate 303,000 full-time equivalent jobs in the United States, and reduce after-tax incomes for the top 80 percent of taxpayers over the long-run. Read More

Tax Proposals by the Biden Administration