Third Way Statement on the BBB Framework: “President Biden delivers, and millions of Americans will benefit.”

WASHINGTON – Third Way released the following statement from Jim Kessler, Executive Vice President for Policy, on President Biden and Speaker Pelosi’s announcement today of an agreed Build Back Better framework:

“President Biden has delivered on his promises, and now millions of Americans will benefit.

“Thanks to the leadership of the President, Speaker Pelosi, and Leader Schumer, Democrats from every corner of their big ideological tent have reached a deal to make historic investments in our nation’s infrastructure and our people. Millions of Americans will enjoy the biggest tax cut in history for working- and middle-class families. Universal pre-K will save families thousands of dollars. Investments in the workforce mean more will attend and complete college and apprenticeships. Health care costs will be capped for millions of working-income Americans, and it will insure millions more. And there are many other key provisions to help American workers thrive. The deal also takes an enormous step forward in response to climate change with huge investments in the technologies we need to transition to clean energy quickly and equitably. This down payment on our clean-energy future cannot be overstated—it is a historic investment that puts us on track to reach our climate goals and get us the momentum we need to achieve net-zero carbon emissions by 2050. And under this president, “Infrastructure Week” is no longer a joke: Democrats will soon put people to work on repairing our nation’s crumbling roads and bridges and expand broadband to everyone.

“Democrats are doing this almost entirely alone. Republicans – even most in the GOP who call themselves “Problem Solvers” – have vowed to try to block these bills and have chosen gridlock over solutions.

“Is there more to be done? Of course. But let’s be clear, this is a historic accomplishment for President Joe Biden which, combined with the Bipartisan Infrastructure Bill and the American Rescue Plan, make for one of the most successful first years in presidential history."