Estimated Budgetary Effects of Title IV, Committee on Financial Services, H.R. 5376, the Build Back Better Act

CBO estimates that enacting this title would result in a net increase in the deficit totaling $150.7 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $151.5 billion and an increase in revenues of $0.8 billion.

This estimate is based on language in two documents, which are available from the House Committee on Rules:

• Rules Committee Print 117-18, Text of H.R. 5376, Build Back Better Act
• Rules Committee Print 117-18, Yarmuth Amendment 112