Legislative Blog

J.B. Williams, J.D.

Build Back Better 2021

Build Back Broke - Renamed Inflation Reduction Act

Brief Summary of Federal

This should be a fairly limited bills area for management the overall structures like highways, military, federal buildings, federal laws, and the like. However it has become the micro manager of all micro managers. They get involved in areas that no federal government should be involved in, and shift more power upward. This has led to each party trying to run over the other party in the eyes of the voters, all the while doing everything possible to maintain their power. They do this by holding onto all of the money, and claiming they know best how it should be spent. But they run debts so badly that no one should be looking to them as an example of anything other than the way to overspend and go further into debt.

Build Back Better 2021 Summary

In total it appears to reach $1,375,215,105,000 (yep trillion). These funds are allocated and will remain there for between 1 and 8 years depending on the particular section. Some of the allocations do not begin for more than 4 years. Issue with this is it becomes a built in allocation in four years that would be difficult to remove, most likely impossible to do so. Meaning that whichever party is in power would be tied to these allocations without regard to funds available. There are so many items in the budget which Congress does not have the ability to modified or remove, and this would add another item to the difficult to remove column. There are also tax breaks to companies considered to be in the right industry. And there are adjustments to retirement funds, qualified dividends for those earning over $200,000, and taxes on foreign income or foreign taxes paid.

Blogs About Build Back Better 2021

J.B. Williams, J.D. has published 4 blogs on this subtopic. The 2 most recent blogs are summarized in the following sections. A table at the bottom of the page lists the remaining blogs for this subtopic in chronological order from newest to oldest.

Inflation Reduction Act - Appropriations

Published: 2022-11-06
Spending more money then we have available so we can virtue signal and bad mouth those who don't agree. And bonus we can claim to reduce inflation all the while knowing this bill will do no such thing.

Inflation Reduction Act - Tax Portion

Published: 2022-11-02
Remember things are fungible. That is the money being spent on enforcement, which you have been ensured will focus on corporations and high income earners, will affect you.

Other Blogs For This Subtopic

J.B. Williams, J.D.

4,312 federal laws were passed from 1995 through December 2016.
Along with 88,819 federal rules and regulations.