Congressional Budget Office

Yes, Build Back Better will raise the deficit

The fate of the Build Back Better plan is now in the hands of the Senate. The House approved the gargantuan $1.85 trillion bill on Friday despite efforts from Republicans to delay the vote. House Minority Leader Kevin McCarthy played the role of Rand Paul or Ted Cruz, railing against the legislation in an over eight-hour-long speech. The Associated Press suggests that McCarthy viewed his talk-a-thon as an opportunity to show his conservative bona fides should Republicans take control of the House in 2022 and he decide to push for the speakership. “This is a tipping point,” McCarthy said on Friday morning as he wrapped up the speech. “This is a point of not coming back. The American people have spoken, but unfortunately, the Democrats have not listened.” Which Americans?