Build back

The cost of the Build Back Better plan is said to be $1.7 trillion over ten years but many programs do not go for ten years. This is a government gimmick used to lower cost of new programs. Parts of the plan end before ten years and this is called sunsetting. When these programs run out of money before the ten years are up then additional funds are required and this means the $1.7 trillion is more like $4 trillion. Universal preschool for 3 and 4 year-olds ends after 6 years (and with a 40% state cost-share by year 6). Child care subsidies are phased in over 3 years, operate in full for another 3 years, and then end. The child care tax credit and the expanded EITC end after a single year.  ACA/Obamacare expanded premium subsidies end after 3 years. And the expansion of ACA credits to individuals in states which haven’t expanded Medicaid, ends after 4 years.