Rival estimates on the cost of Biden's $1.75 trillion social spending bill

Democrats in the U.S. House of Representatives were pushing ahead on Thursday with a vote on President Joe Biden's $1.75 trillion domestic spending bill, after a lengthy wait on a Congressional Budget Office report.

The CBO found that the bill would increase the deficit, although the nonpartisan arbiter noted that it did not take into account additional tax enforcement called for in the bill. The White House and Democrats produced their own figures that found the bill paid for itself.

CONGRESSIONAL BUDGET OFFICE

The research agency, seen as the gold standard for legislative analysis, predicts that Biden's "Build Back Better" bill would increase