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Analysis deems Biden's climate and tax bill fiscally responsible

Analysis deems Biden's climate and tax bill fiscally responsible

Despite Republican claims, the new legislation would be only a modest corporate tax increase, Congress’s Joint Committee on Taxation found.
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Will Biden's climate plan survive the budget wonks?

President Biden is steering his signature climate policy into the Bermuda Triangle of Capitol Hill: the Congressional Budget Office. No stranger to criticism, the CBO has sparked a particularly fierce debate among budget wonks with its climate analysis.

Climate change to affect 10 million Americans by 2075, CBO warns
www.bloomberg.com

Climate change to affect 10 million Americans by 2075, CBO warns

Ten million Americans will be "substantially affected" by climate change by 2075, causing government disaster spending to jump, the Congressional Budget Office projected Thursday. But, instead of trying to cut carbon emissions, the federal government should make coastal residents bear more of the financial risks for living there, the office said.
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