By adopting this rule, we are now lining up at the runway in preparation to land the plane on Build Back Better. As we wait for the CBO to complete its work and produce its analysis, which I believe will confirm an estimate from the White House based on the Joint Committee on Taxation's analysis of the bill's revenue impact, and the preliminary scoring from CBO that this bill is fully paid for. Now, I am not saying it doesn't spend money. It does not create debt. When the Republicans passed their tax bill, of course, they gave themselves a ceiling of $1.5 trillion that they did not pay for on the assertion that that tax cut would pay for itself. The problem is none of their tax cuts have ever paid for themselves. None. Zero. Zip. This bill is paid for. And what it will do for the American people will be life changing for working families and moms and children in this country. {time} 2120 Today, we are going to pass a rule, which will allow for the consideration of this bipartisan infrastructure bill to invest $1.2 trillion. I was talking about Build Back Better. I am now talking about the bipartisan infrastructure bill, 69 Senators voting for the bipartisan infrastructure bill, which will make an extraordinary difference in the lives of the people in this country and, as importantly, job creation in this country, a million jobs per year. That is what this rule will do.…
On the recordNovember 5, 2021
Source
govinfo.govShare & report
More from Steny Hoyer
Mar 22, 2024
Today, we took the responsible step of funding the people's government. Unfortunately, we did not, however, fund our allies in Ukraine. The Speaker has said publicly and privately that he is going to bring Ukraine to the floor when we come…
Apr 11, 2024
Just hours ago in this Chamber, the Prime Minister of Japan asked this Congress: ``Without U.S. support, how long before the hopes of Ukraine would collapse under the onslaught from Moscow?'' The answer is not long. It has been 469 days…
Dec 3, 2024
I thank my friend, the gentlewoman from Michigan, for yielding. I congratulate her on a victory her team had. I called her, and I hope she got the message. I also say to my friend, Bruce Westerman, who is as suited to be the chairman of…





