Thread by @lbloveslife25

🧵!
Congrats .@HouseDemocrats & those. @HouseGOP who worked in a Bipart way to get #BIF to .@POTUS! Roads,bridges, internet&more!.Keep promise to vote AYE on BBB, childcare,child tax credits, Healthcare,Prescriptions, Medicare,Climate change&more passed next week!Time is short!

.@SenSchumer .@SenateDems shouldn't be on ANY vacation until the 2nd Bill which creates an affordable a more livable America for the middle class up passed so .@HouseDemocrats can APPROVE IT! YOU'RE RUNNING OUT OF WORKING DAYS! GET BACK TO WORK, GET BBB PASSED!

What does the Build back Better do besides pay for itself?
Extend Child Tax Credit, lifting our children out of poverty!
Paid Family and Medical Leave, albeit 4wks, we're the ONLY developed country w/o it
Lowers Child Care Costs to no more than 7% of a family's income!

Makes preschool free for 3-&4-yr-olds.
Lower Higher Education Costs increasing PELL grants for ALL attending college!
Closes the Medicaid Coverage Gap It seeks to expand ACA marketplace subsidies through 2024 for people with incomes below 100% of the federal poverty line.

The BBB act would close this gap by establishing the federal Medicaid program in states that haven’t expanded into the program by 2025.
$555 billion worth of climate initiatives.Tax credits are offered to Americans who install rooftop solar panels, there’s an

electric vehicle tax credit, and the plan would create additional credits for clean-energy production. It would also create a civilian climate corp—all in service of putting America on track to meet the Paris Agreement goal of a 50% reduction in greenhouse gas emissions by 2030.

A 15% minimum tax on corporate profits for companies making more than $1 billion in profits. There is also a 1% tax on corporate stock buybacks.
for all 3- and 4-year-olds.
for all 3- and 4-year-olds. That amounts to the biggest expansion of public education in a century!

Expanded access to child care, which the White House says should include up to 20 million kids per year.
Lower premiums for the 9 million Americans who purchase insurance through the Affordable Care Act
Delivers affordable, high-quality care for older Americans and

people with disabilities in their homes, while supporting the workers who provide this care. Strengthens the Affordable Care Act & reduces premiums for 9 Million Americans!Closes the Medicaid Coverage Gap, Leading 4 Million Uninsured People to Gain Coverage.
Expands Medicare

to cover hearing benefits.

The Build Back Better framework will expand Medicare coverage to cover hearing coverage, so that older Americans can access the affordable care they need.
Makes the single largest and most comprehensive investment in affordable housing in history.

will enable the construction, rehabilitation, and improvement of more than 1 million affordable homes, boosting housing supply and reducing price pressures for renters and homeowners. It will address the capital needs of the public housing stock in big cities and

rural communities all across America and ensure it is not only safe and habitable but healthier and more energy efficient as well. It will make a historic investment in rental assistance, expanding vouchers to hundreds of thousands of additional families.

And, it includes one of the largest investments in down payment assistance in history, enabling hundreds of thousands of first-generation homebuyers to purchase their first home and build wealth. This legislation will create more equitable communities, through investing

in community-led redevelopments projects in historically under-resourced neighborhoods and removing lead paint from hundreds of thousands of homes, as well as by incentivizing state and local zoning reforms that enable more families to reside in higher opportunity neighborhoods.

Promotes nutrition security to support children’s health.
The Build Back Better will help children reach their full potential by investing in nutrition security year-round. The legislation will expand free school meals to 8.7 million children during the school year and provide

a $65 per child per month benefit to the families of 29 million children to purchase food during the summer. 
Invests in immigration reform.

The framework includes a separate $100 billion investment in immigration reform that is consistent with the Senate’s reconciliation rules,

, as well as enhancements to reduce backlogs, expand legal representation, and make the asylum system and border processing more efficient and humane.
The Build Back Better framework is fully paid for:
Combined with savings from repealing the Trump Administration’s rebate rule,

the plan is fully paid for by asking more from the very largest corporations & the wealthiest Americans. The 2017 tax cut delivered a windfall to them,& this would help reverse that—and invest in the country’s future. No one making under $400,000 will pay a penny more in taxes.

Stops large, profitable corporations from paying zero in tax and tax corporations that buyback stock rather than invest in the companies.
Stops rewarding corporations for shipping jobs and profits overseas.
Stops rewarding corporations for shipping jobs and profits overseas.

Asks the highest income Americans to pay their fair share.

The Build Back Better framework includes a new surtax on the income of multi-millionaires and billionaires – the top 0.02 percent of Americans. It would apply a 5 percent rate above income of $10 million, and an

additional 3 percent above income of $25 million. The Build Back Better framework will also close the loopholes that allows some wealthy taxpayers to avoid paying the 3.8 Medicare tax on their earnings. Invests in enforcing our existing tax laws, so the wealthy pay what they owe.

Regular workers pay the taxes they owe on wages and salaries—with a 99 percent compliance rate—while too many wealthy taxpayers hide their income from the IRS so they don’t have to pay. And, as a result of budget cuts, audit rates on those making over $1 million per year fell by

80 percent between 2011-2018. Wage earners have a 99 percent compliance rate, and, by contrast, the top 1 percent evades over $160 billion per year in taxes. President Biden’s Build Back Better Agenda will create a fairer tax system – a tax system that requires the wealthy

to finally pay their fair share and rewards work, not wealth. The President’s plan will accomplish this through transformation investments in the IRS: hiring enforcement agents who are trained to pursue wealthy evaders, overhauling technology from the 1960s,

& investing in taxpayer service,so ordinary Americans can get their ?'s answered. Additional enforcement resources will be focused on pursuing those with the highest incomes; not Americans with income less than $400,000.
Source: whitehouse.gov/build-back-bet…
.@SenateDems get it done!

@threadreaderapp unroll please

My thread unrolled! Please read,if we want & NEED to understand what's IN & needed,in the Build Back Better Bill, here's what's in it & why .@SenateDems need to get to WORK,NOT be on yet another recess. Mark it up, send back to Congress for final approval!
threadreaderapp.com/thread/1456937…