Political Quotes

“I include in the Record this JCT analysis from 2022, suggesting that the total costs of the special interest tax credits for the rich in the Inflation Reduction Act would be $271 billion. Mr. Speaker, I also include in the Record yesterday's CBO score, which shows that the cost has more than doubled to $570 billion, and it is growing every day. The wealthy and politically connected corporations will receive hundreds of billions of dollars more than advertised. ESTIMATED BUDGET EFFECTS OF THE REVENUE PROVISIONS OF TITLE I--COMMITTEE ON FINANCE, OF AN AMENDMENT IN THE NATURE OF A SUBSTITUTE TO H.R. 5376, ``AN ACT TO PROVIDE FOR RECONCILIATION PURSUANT TO TITLE II OF S. CON RES. 14,'' AS PASSED BY THE SENATE ON AUGUST 7, 2022, AND SCHEDULED FOR CONSIDERATION BY THE HOUSE OF REPRESENTATIVES ON AUGUST 12, 2022 Fiscal years 2022-2031 [millions of dollars] ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ Provision Effective 2022 2023 2024 2025 2026 2027 2028 2029 2030 2031 2022-26 2022-31 ------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------ TITLE I--COMMITTEE ON FINANCE SUBTITLE A--DEFICIT REDUCTION Part 1--Corporate Tax Reform-- tyba 12/31/22........…”