White House Releases Build Back Better Act Framework
Early Thursday, the White House had released the framework for the Build Back Better Act. The White House and House and Senate Democrats are continuing to negotiate and discuss the final bill. Here’s what’s included in the framework:
Keep in mind that negotiations are still ongoing, and as we mentioned earlier this week are still fluid. The White House was hoping the framework for the social spending bill would be enough to get the bipartisan infrastructure bill to the House floor for a vote. As of late Thursday night, the House had voted to extend the Highway Funding through December 3 signaling maybe there is still some negotiation left in these bills.
Andy is a CPA and trusted advisor with 15 years of experience providing tax, accounting, assurance, and consulting services to transportation industry owners and operators. He is a tax principal with CLA in the Minneapolis, MN office. He also consults with high net worth individuals and owners of closely-held transportation businesses on all aspects of tax planning, estate planning, and retirement planning. Andy is also the tax leader for transportation industry across CLA.
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