In Case You Missed It
To view this email as a web page, click here. ICYMI: U.S. Adults Support BBB and Think It Will Raise Inflation In case you missed it, nearly one-third of adults in the U.S. support President Joe Biden's Build Back Better plan, according to a new survey from The Balance. Only one-fifth of those surveyed said they oppose it.
The "social infrastructure" package is a tentpole of the president's legislative agenda and is valued at nearly $2 trillion. It looks to lower prescription drug costs, subsidize child care, tax the rich, and more.
With all the government spending outlined in the bill, people are concerned it will only fuel higher inflation, which touched a fresh 40-year high in February. More than half of those surveyed believe Build Back Better will make inflation worse, despite the White House's repeated statements that the bill will cool off the red-hot inflation numbers.
The group we surveyed also shared their opinions on tax reform programs (63% support them) and canceling student loans (41% oppose them).
- Kristin Editors' Picks
Off the Charts The Balance surveyed U.S. adults on 31 policies, 29 of which received over 50% support from respondents. The top three most popular BBB policies were related to health care, with 79% of respondents supporting lower prescription drug costs.
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Season 2 of the "Money Confidential" podcast is back with "Taxes in Ten," a six-episode mini-season covering your top tax questions. Host and nationally recognized money expert, Stefanie O'Connell Rodriguez, is teaming up with The Balance's very own Editor-in-Chief, Kristin Myers, as well as Caleb Silver, Editor-in-Chief of Investopedia, to talk about everything from doing your own taxes to the specific tax considerations of different life stages. You can listen now to "Taxes in Ten."
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