Skip to main content

President Biden Remarks on the passage of the Build Back Better Act

 Statement of President Joe Biden On Passage of the Build Back Better Act in the U.S. House of Representatives

 
Today, the United States House of Representatives passed the Build Back Better Act to take another giant step forward in carrying out my economic plan to create jobs, reduce costs, make our country more competitive, and give working people and the middle class a fighting chance.
 
The Build Back Better Act is fiscally responsible. It reduces the deficit over the long-term. It’s fully paid for by making sure that the wealthiest Americans and biggest corporations begin to pay their fair share in federal taxes. It keeps my commitment that no one earning less than $400,000 a year will pay a penny more in federal taxes.
 
Leading economists and independent experts on Wall Street have confirmed that it will not add to inflationary pressures. Instead, it will boost the capacity of our economy and reduce costs for millions of families.
 
Here are some key parts of the Build Back Better Act:
  • It lowers your costs to save you money on things like prescription drugs and health care and housing.
     
  • It gets Americans back to work by providing child care and care for seniors so workers can get back on the job knowing their loved ones have the care they need.
     
  • It cuts taxes for working families and the middle class – including extending the Child Tax Credit that is already helping the families of more than 61 million children and getting us closer to cutting child poverty in half this year.
     
  • It provides universal pre-Kindergarten for every 3-and 4-year old in America and makes education beyond high school more affordable – with historic investments in Pell Grants and Historically Black Colleges and Universities, Hispanic Serving Instituions and other Minority Serving Institutions, and Tribal Colleges and Universities.
     
  • Together with the bipartisan infrastructure law, it makes the most significant investment in our fight against the climate crisis ever by creating jobs that build a clean energy future for our children and grandchildren.
Above all, it puts us on the path to build our economy back better than before by rebuilding the backbone of America: working people and the middle class.
 
I thank Speaker Pelosi and the House leadership and every House member who worked so hard and voted to pass this bill.
 
For the second time in just two weeks, the House of Representatives has moved on critical and consequential pieces of my legislative agenda.
 
Now, the Build Back Better Act goes to the United States Senate, where I look forward to it passing as soon as possible so I can sign it into law.

Comments

Post a Comment

Popular posts from this blog

In wake of the Zika virus, travel, spring break still O.K.

Representatives from the CDC and the NIH were on hand at the White House during Monday's press briefing to update the public and address concerns over the Zika virus that has caused some babies to be born with deformities. Dr. Anne Schuchat from the Centers for Disease Control and Dr. Tony Fauci from the National Institutes of Health told reporters that a vaccine is in the making.   The pair also said they are particulary concerned about women who are pregnant, or plan to get pregnant, who have either traveled to or plan to travel to areas of South America and the Carribean known to have the Zika virus. Despite those bold statements, the doctors said there is no wide-spread concern and that Americans should continue to travel, including during upcoming college spring breaks --  when college students travel to warmer climate destinations to escape winter weather. "Travel to Zika-affected areas is very common among Americans, and we don’t think that needs to stop&quo
Post a Comment
Read more

President Biden's EV Agenda

  Electric Vehicles   President Biden’s Investing in America Agenda is Unleashing a Manufacturing and Clean Energy Boom and Accelerating the Production of Affordable Electric Vehicles   As part of President Biden’s goal of having 50 percent of all new vehicle sales be electric by 2030, the White House is announcing the first set of public and private commitments to support America's historic transition to electric vehicles (EV) under the EV Acceleration Challenge.   These commitments are part of President Biden's  Investing in America  agenda to spur domestic manufacturing, strengthen supply chains, boost U.S. competitiveness and create good-paying jobs. Because of President Biden’s leadership and historic investments, electric vehicle sales have tripled and the number of publicly available charging ports has grown by over 40 percent since he took office. There are now more than three million EVs on the road and over 135,000 public EV chargers across the country.     President
Post a Comment
Read more

(OTR): The White House on Hamas Terrorist Attack

 Tip: long read. FOR IMMEDIATE RELEASE October 10, 2023 VIRTUAL ON-THE-RECORD GAGGLE BY NSC COORDINATOR FOR STRATEGIC COMMUNICATIONS JOHN KIRBY ON HAMAS TERRORIST ATTACKS IN ISRAEL   Via Teleconference 5:54 P.M. EDT   MR. KIRBY:  Good evening, everybody.  As you know, the White House has been closely following the situation in Israel, and the President has been actively engaged, regularly receiving updates on the latest developments from the national security team.  In fact, this morning, he met with members of the senior team -- including the Secretary of State; National Security Advisor; the Principal Deputy National Security Advisor; the Homeland Security Advisor, Liz Sherwood-Randall; and, of course, the White House Chief of Staff, Jeff Zients -- all to receive the latest update from -- from the morning.     He has also spoken twice with Prime Minister Netanyahu this -- over the weekend, certainly to express our deep sympathy for all those missing, wounded, and killed and to pledge
Post a Comment
Read more