CBO says social spending bill score ‘will take longer,’ in potential blow to Democrats’ timing
The Congressional Budget Office, a federal agency that provides budget and economic information to Congress, said on Tuesday that it cannot give a definitive date for when it will have a final cost estimate score of the bill. This could push the timetable for when the House can hold a final vote on the bill because a group of moderate Democrats say getting a final CBO score is a prerequisite to their voting for the bill.
CBO Director Phillip L. Swagel said Tuesday that the agency would release individual portions of the bill as they are completed but could not give a specific estimate for when the final report would be done.
“We anticipate releasing estimates for individual titles of the bill as we complete them, some of which will be released this week,” Swagel wrote. “Other estimates will take longer, particularly for provisions in some titles that interact with those in other titles. When we determine a release date for the cost estimate for the entire bill, we will provide advance notice.”
In their statement, the five moderate Democrats that represented key holdouts on the social spending package committed to vote for the social spending bill once they receive a CBO score or by November 15.
“We commit to voting for the Build Back Better Act, in its current form other than technical changes, as expeditiously as we receive fiscal information from the Congressional Budget Office — but in no event later than the week of November 15th,” Reps. Ed Case of Hawaii, Josh Gottheimer of New Jersey, Stephanie Murphy of Florida, Kurt Schrader of Oregon and Kathleen Rice of New York said in a statement on Friday.”
The CBO’s statement on Tuesday makes it all but likely that the final vote on Build Back Better will have to be pushed back for Democrats to have enough votes to be able to pass the legislation.
House Budget Chairman John Yarmuth, a Democrat from Kentucky, told CNN last week he expected a CBO score to take about 10-14 days, and wouldn’t be done until the week before Thanksgiving. Some think it could slip until the week of Thanksgiving, though preliminary estimates could be done earlier.
Speaking at COP26 on Tuesday, House Speaker Nancy Pelosi reaffirmed House Democrats plan to pass President Joe Biden’s roughly $1.9 trillion economic and climate bill next week.
“That is our plan to pass the bill the week of November 15,” Pelosi said. “We’re very proud of that.”
Pelosi was also asked about the difficulty Democrats have faced in passing climate legislation through Congress in the past. She pointed to the fact that the House passed a cap-and-trade bill in 2009, but the bill couldn’t pass the Senate even with a Democratic majority there.
“When President Obama was president and we had the majority in the first term; we did pass in the House a very strong climate bill,” Pelosi said. “Sixty votes in the Senate is an obstacle that is very hard to overcome and that is another subject for another day, but we did pass that.”
CNN’s Ella Nilsen contributed to this report.
