“a bipartisan infrastructure bill that includes $350 billion to address long-ignored environmental threats. The Infrastructure Investment and Jobs Act is the largest sum in recent memory directed at cleaning up pollution, from replacing lead pipes to capping methane-spewing oil wells.
The funding could make a serious dent in air and water pollution for certain communities by preventing runoff from abandoned mines and cleaning up old, toxic manufacturing sites. People who live near busy roadways, airports, and ports may benefit from the boost to electric vehicle charging stations, school buses, and cranes that will replace gas- and diesel-burning cars and equipment.
Other investments will improve public health more indirectly: One of the law’s major provisions includes expanding transmission that can move more clean energy across the grid. By increasing the mix of renewables, states and the utilities they regulate ultimately would need to burn fewer fossil fuels to power the economy.
The biggest criticism of the new law is what it leaves out: Environmental advocates say the funding only meets a fraction of the nation’s needs for addressing water and air pollution, and falls far short of the transformative change Biden promised on the campaign trail.
This is also not the transformative climate bill that climate activists had hoped for.”
“The bill is also larded up with provisions that will make infrastructure projects more costly for taxpayers. That matters, of course, because if you inflate the cost of building a bridge and you have a fixed amount of money to spend on new bridges, you’ll get fewer bridges.
For example, the bill’s “Buy American” provision is nothing more than performative patriotism and a handout to politically powerful unions. By mandating that materials used in road, bridge, and rail projects come primarily from the United States, Congress will effectively hike prices and engage in arbitrary protectionism.”
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“The infrastructure bill could have been an opportunity to reform other federal rules that unnecessarily drive up the cost of building infrastructure. Like the Davis-Bacon Act, which requires that most workers on federally subsidized building projects are paid the local “prevailing wage” negotiated by unions even if the workers themselves are not unionized—and only about 13 percent of construction workers are part of a union. The Davis-Bacon Act rules can increase the costs of infrastructure projects by as much as 20 percent.
Similarly, the infrastructure package could have suspended or eliminated parts of the National Environmental Policy Act (NEPA) in order to streamline environmental reviews of infrastructure projects. Currently, NEPA reviews take more than four years on average, and they are frequently used as tools to block development for reasons that often have little to do with the environment.”
“Homelessness is a major issue in the U.S., and is inherently intertwined with the cost of housing. In fact, in a recent poll, respondents from the 20 metro areas that experienced the largest population growth between 2010–2019 listed both the cost of housing and homelessness as their top two concerns, and by almost identical margins (86 and 87 percent, respectively). The average cost of rent has increased nearly 20 percent within the last year alone, and since 2001, in nearly every state, rents have risen at a faster rate than incomes.
But simply offering rental assistance without a simultaneous increase in the supply of housing would only serve to exacerbate the cost problem, as a larger amount of money would chase after the exact same amount of inventory. In fact, the U.S. is currently as many as 5 million houses short of meeting estimated demand.
Of the roughly $150 billion which the Build Back Better Act appropriates toward housing, more than half is put toward dubious use, via rental assistance programs. About a third of that portion, though, is specifically tailored toward the construction or rehabilitation of more affordable housing units to increase the overall supply, which could help drive down costs.”
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“The Build Back Better Act does fund the establishment of a “competitive grant program,” the Unlocking Possibilities Program, to incentivize “streamlining regulatory requirements and shorten[ing] processes, [and] reform[ing] zoning codes.” As with any grant program, its efficacy will be dictated by its implementation, but with more than $4.26 billion appropriated, there is plenty of breathing room to potentially make a difference.
In an ideal scenario, of course, there would be as few zoning restrictions as possible, allowing developers to simply respond to the needs of the community without requiring the government’s stamp of approval. While public funding to incentivize a reduction or simplification of red tape is better than the status quo, it is still not a perfect solution.”
“Visa bans. Trade restrictions. Threats of economic sanctions. And visit after visit from top emissaries, including a U.S. senator bearing a message from President Joe Biden.
For a year, U.S. officials have used these and other instruments in their diplomacy toolbox to persuade, push and pressure Ethiopia’s government and rebel forces to end a vicious civil war believed to have killed thousands of people, left hundreds of thousands starving and displaced millions.
But nothing is working. And things are getting worse.”
“The bill, H.R. 3684 (117), is historic in its scope with $550 billion in new money funneled into hard infrastructure, from overhauling bridges to supercharging Amtrak’s most popular rail corridor in the Northeast. But it falls far short of Biden’s original vision, which promised to dramatically reduce the climate impacts of transportation, the single largest source of pollution. In the end, the final product was the victim of the bipartisan focus it took to get the bill done and is an example of the razor thin governing majority Democrats must navigate.”
“If Congress fails to enshrine key climate policies as federal laws, Biden’s Plan B includes executive orders and major regulations from the Environmental Protection Agency, the New York Times reported.
The problem is that executive actions aren’t an ideal substitute for federal laws, and may last only as long as Biden’s presidency. EPA regulation also “tends to lag [behind] the technological realities,” meaning it may only modestly nudge the economy in a new direction, Jesse Jenkins, an environmental engineering professor at Princeton University, told Vox. It’s also vulnerable to intervention by the Supreme Court.”
“The memo argues that the policy, also known as “Remain in Mexico,” caused more harm than good, particularly in terms of its humanitarian impact.
“I recognize that MPP likely contributed to reduced migratory flows,” DHS Secretary Alejandro Mayorkas wrote in the four-page memo announcing the policy shift. “But it did so by imposing substantial and unjustifiable human costs on the individuals who were exposed to harm while waiting in Mexico.”
That determination is in line with Biden’s campaign promises on immigration, which included reversing policies like Trump’s “zero-tolerance” policy that resulted in family separations. It’s at odds, however, with the administration’s continuing reluctance to completely do away with other Trump-era legacies like Title 42, the immigration order that has allowed for the deportation of migrants as a public health measure during the pandemic.
And even though Biden began rolling back the MPP soon after taking office in January, his administration has had to prepare to re-implement the program in recent weeks in order to comply with a previous court order — even as it’s actively fighting to end the policy for good.”
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“A 39-page justification published along with the memo outlines in further detail the conditions migrants faced in detention in Mexico, including the risk of sexual assault and kidnapping in the encampments where they stayed, as well as unsanitary and unstable housing conditions, limited access to health care and legal counsel, and insufficient food while they waited for the US to make a decision about their asylum hearings.
The right to seek asylum is protected under international law, and has been since the UN’s Universal Declaration of Human Rights was adopted in 1948.”
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“Ultimately, the Biden administration argues the policy has far too many issues for it to be salvaged: Not only does it require significant resources that could be directed elsewhere, according to the DHS memo, but MPP also failed to achieve reduction in crimes like human trafficking and drug smuggling, put people in serious danger, and doesn’t address the root causes that lead to people seeking asylum.
Additionally, the memo says, any program fixes would require the cooperation of Mexico and further diplomatic negotiations — time and energy that could be better spent on other issues. And other strict immigration policies were enacted at the same time as MPP, making it difficult to assess any deterrent effect the policy may have achieved.”
“The larger spending package would increase government debt at a faster rate, which would increase the amount the government has to pay in interest. In the $3.5 trillion scenario, higher levels of spending and higher amounts of government debt “crowds out investment in productive private capital. Less private capital leads to lower wages as workers become less well-equipped to do their jobs effectively,” the report states.
Now, the PWBM has completed an analysis of the $1.5 trillion framework that Manchin reportedly offered as an alternative. In order to do the estimate, PWBM analysts assumed that Manchin’s proposal would increase spending by about $540 billion for means-tested childcare programs, like universal pre-K; $439 billion for a five-year extension of the expanded Child Tax Credit; $260 billion for public infrastructure; and $260 billion for other assorted government spending.
That’s still a lot of money, and there are still some negative long-term consequences—but the most important part of Manchin’s proposal is that it does not require additional borrowing, and relies on smaller tax increases than what President Joe Biden has proposed. As a result, government debt would actually fall slightly over the next 30 years. The tax increases would reduce private capital by less than 1 percent by 2050—as opposed to the 6.1 percent drop that would come with the passage of the larger reconciliation package. Wages and national GDP would remain flat under the $1.5 trillion plan, instead of the projected decline under the $3.5 trillion plan.
What the report essentially says is that Manchin’s proposal would be less bad than the $3.5 trillion proposal.”
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“It is a little bit crazy that everyone in Washington is talking about $1.5 trillion as a small sum of money. What Manchin is willing to support would cost about $500 billion more than the Obama stimulus, even after adjusting for inflation. And this isn’t an emergency spending plan meant to float the country through a recession—it’s a massive increase in government spending at a time when the economy is growing significantly (despite the weirdness in labor markets and supply chains).”