Build Back Better
The Build Back Better Act framework makes the transformative investments at the scale necessary to meet the needs of the American people, address dangerous deficits in our society, improve our economic outlook, and set America up to compete and win in the decades ahead.
In North Carolina, the Build Back Better Act will:
Enable North Carolina to provide access to child care for 629,956 young children and ensure these families pay no more than 7% of their income on high-quality child care.
Expand access to free, high-quality preschool to more than 154,103 children.
Make the largest effort to combat climate change in American history.
Reduce housing costs and expand housing options for 632,000 renters in North Carolina who are rent burdened.
Expand health care coverage for 388,000 uninsured people, including the 212,000 who fell into the Medicaid coverage gap, and lower costs for 229,100 people who on average save hundreds of dollars per year.
Provide a tax cut of up to $1,500 for 593,900 low-wage workers in North Carolina.
The most transformative investment in children and caregiving in generations:
Offers universal and free preschool for all 3- and 4-year-olds, the largest expansion of universal and free education since states and communities across the country established public high school 100 years ago.
Delivers affordable, high-quality care for older Americans and people with disabilities in their homes, while supporting the workers who provide this care.
Provides 39 million households up to $3,600 (or $300 per month) in tax cuts per child by extending the American Rescue Plan’s expanded Child Tax Credit.
The largest effort to combat climate change in American history:
Delivers substantial consumer rebates and tax credits to reduce costs for middle class families shifting to clean energy and electrification.
Ensures clean energy technology – from wind turbine blades to solar panels to electric cars – will be built in the United States with American made steel and other materials, creating hundreds of thousands of good jobs here at home.
Advances environmental justice through a new Clean Energy and Sustainability Accelerator that will invest in projects around the country, while delivering 40% of the benefits of investment to disadvantaged communities, as part of the President’s Justice40 initiative.
Bolsters resilience and natural solutions to climate change through a historic investment in coastal restoration, forest management, and soil conservation.
The biggest expansion of affordable health care in a decade:
Reduces prescription drug costs.
Strengthens the Affordable Care Act and reduces premiums for 9 Million Americans.
Closes the Medicaid Coverage Gap, Leading 4 Million Uninsured People to Gain Coverage.
Expands Medicare to cover hearing benefits.
The most significant effort to bring down costs and strengthen the middle class in generations:
Makes the single largest and most comprehensive investment in affordable housing in history.
Extends the expanded Earned Income Tax Credit (EITC) for around 17 million low-wage workers.
Expands access to affordable, high-quality education beyond high school.
Promotes nutrition security to support children’s health.
Strengthens the middle class through a historic investment in equity, safety, and fairness.
Invests in immigration reform.