WasteOfTheDay: $2.9T in Tax Increases Slated for Reconciliation Bill

The Democrats are on their own to try and pass a $3.5 trillion reconciliation bill known as the Build Back Better Act without Republican support, as it is a massive expansion of the social safety net and includes an increase in taxes.

A five-page memo recently sent around by Hill aides shows $2.9 trillion in tax increases, the largest increase in decades.

OpentheBooks.com

 

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