CBO to Deliver Biden Bill Analysis Today, Clearing Way for Vote

Nov. 18, 2021, 6:02 PM UTC

President Joe Biden’s signature tax and spending bill could get a vote in the House as soon as Thursday after the nonpartisan Congressional Budget Office announced that it will provide a cost estimate for the measure in the afternoon.

Moderate Democrats forced party leaders to delay a vote for weeks on the climate and social safety net bill in order to review the total spending, revenue and deficit estimates. Five holdout moderates have pledged to vote for the bill if the CBO estimate is consistent with White House projections that tax hikes in the bill will allow it to ...

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