Estimated Budgetary Effects of Title III, Committee on Environment and Public Works, for the Senate Amendment to H.R. 5376, the Build Back Better Act

CBO estimates that enacting this title would result in a net increase in the deficit totaling $63.7 billion over the 2022-2031 period. That increase in the deficit would result from an increase in direct spending of $71.6 billion and an increase in revenues of nearly $8.0 billion.