Pascrell Celebrates Committee Passage of Historic Legislation
Ways and Means moves major piece of Biden Build Back Better agenda forward
Washington, DC, September 16, 2021
U.S. Rep. Bill Pascrell, Jr. (D-NJ-09), a member of the tax-writing House Ways and Means Committee, today celebrated the committee’s passage of the central package of reforms that make up the heart of President Biden’s landmark Build Back Better program to rebuild America.
“This week, our committee did nothing less than move forward the central elements of a historic plan to rebuild and reinvigorate America,” said Rep. Pascrell. “A successful nation in the 21st Century makes a down payment on its future. Our legislation will make that deposit with gigantic investments in health care, infrastructure, family support, and environmental protections to fight climate change. Additionally, our action today will have a titanic impact on tax fairness in the United States. It has been generations since a single piece of congressional action leveled the playing field to make the rich pay their fair share. Simply put: this bill, once law, will remake America for the better.
“The process to passage is long. What the committee approved today is a major step forward, but not the final step. Our negotiations over the SALT cap are ongoing. I continue to work closely with Speaker Pelosi, Chairman Neal, and Congressman Suozzi to ensure that abolition of Republicans’ cap on the state and local tax deduction is included in the final legislative package we consider. I only speak for myself, but any bill on the floor without needed SALT cap relief will not earn my vote.”
Salient provisions of the legislation include: