Kenneth: House Passage of Build Back Better Legislation Takes Transformational Investments One Step Closer to the Finish Line

TCI applauds critical vote to rebuild our economy and address today’s challenges head-on

Today, Ashley C. Kenneth, President and CEO of The Commonwealth Institute for Fiscal Analysis (TCI), released the following statement after passage of Build Back Better legislation in the U.S. House of Representatives:

“Congress is rising to meet the current moment and make progress on rebuilding the social and economic foundations that will help every family thrive. The bill’s investments in families will create a more inclusive, equitable economy. We applaud  Virginia’s representatives who voted to pass this legislation and urge our senators to support the bill and help get it quickly over the finish line.

“The Build Back Better Plan will help provide opportunity and security to people across Virginia. It would extend the enhanced Child Tax Credit so that families continue to receive their monthly credits throughout 2022, lifting nearly 100,000 children in Virginia out of poverty. It would reduce the cost of child care and expand access to universal pre-K, providing families and children needed support in the critical early years. The bill would help families and working people access the care they need and give them the peace of mind that comes with paid leave and health care coverage. 

“TCI is grateful to the Virginia delegation for their work to pass the bill. The U.S. Senate must maintain key provisions that address the immediate needs of families in Virginia and across the country. We look forward to ensuring Senate passage in the days ahead.”