Congratulations are due to Speaker of the House Nancy Pelosi, President Joe Biden, and the Democratic Caucus in the House of Representatives on successfully passing the “Build Back Better” Social Infrastructure legislation by a vote of 220-213, after a disgraceful eight and a half hour rampage speech by House Minority Leader Kevin McCarthy, and the refusal of any House Republicans to support legislation which makes life better for millions of Americans!
The legislation, once it gains approval of the US Senate with some modifications certain, will do the following:
Affordable Child Care
Child Tax Credits
Paid Family and Medical Leave
Affordable Care Act Premium Tax Credits
Medicaid Home and Community Based Services
Raise State and Local Tax Deduction Cap
Medicare Hearing Benefits
Clean Energy and Climate Resilience
Climate Related Tax Breaks
Spending on Higher Education
A Corporate Minimum Tax on Large Corporations
A Tax Surcharge Targeting the Wealthiest Americans, over $25 million and over $10 million.