REPORT: HOW THE BUILD BACK BETTER ACT COULD IMPACT KEY STATES

WASHINGTON, DC — Today, Invest in America Action released a new research report, “How The Build Back Better Act Could Impact Key States.”

Advocates are urging Congress to support President Biden’s Build Back Better Act, a once-in-a-generation investment in child care, affordable housing, education, which would create millions of jobs, lower taxes, and lower costs for working families.

Read the report here.

How The Build Back Better Act Could Impact Key States

ARIZONA

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 1.38 million Arizona children qualify for enhanced Child Tax Credit payments; the average payment per household is $447.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Arizonans an estimated average $1,656.12 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 69,800 jobs making Arizona homes and businesses more energy efficient.

Housing

WEST VIRGINIA

Child Care

Universal Pre-K

  • An additional $138 million investment is needed for West Virginia to meet its full-day preschool seat gap of 13,518.

  • The Build Back Better Act would mend these gaps by providing universal preschool for all 3-and 4-year olds, ensuring West Virginia children have access to high-quality early education.

Child Tax Credit 

  • Over 300,000 West Virginia children qualify for enhanced Child Tax Credit payments; the average payment per household is $435.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give West Virginians an estimated average $1,297.08 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 34,000 jobs making West Virginia homes and businesses more energy efficient.

Housing

FLORIDA

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 3.64 million Florida children qualify for enhanced Child Tax Credit payments; the average payment per household is $411.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Floridians an estimated average $1,444.84 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 184,800 jobs making Florida homes and businesses more energy efficient.

Housing

HAWAII

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 250,000 Hawaii children qualify for enhanced Child Tax Credit payments; the average payment per household is $435.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Hawaiians an estimated average $1,117.41 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

  • The Build Back Better

MAINE

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 214,000 Maine children qualify for enhanced Child Tax Credit payments; the average payment per household is $419.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Maine residents an estimated average $970.82 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 35,300 jobs making Maine homes and businesses more energy efficient.

Housing

OREGON

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 719,000 Oregon children qualify for enhanced Child Tax Credit payments; the average payment per household is $432.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Oregon residents an estimated average $1,084.96 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 48,400 jobs making Oregon homes and businesses more energy efficient.

Housing

CALIFORNIA

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 7 million California children qualify for enhanced Child Tax Credit payments; the average payment per household is $416 per month.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Californians an estimated average $1,294.06 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 265,000 jobs making California homes and businesses more energy efficient.

Housing

NEW YORK

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 3.3 million New York children qualify for enhanced Child Tax Credit payments; the average payment per household is $417.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give New Yorkers an estimated average $1,167.32 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 144,000 jobs making New York homes and businesses more energy efficient.

Housing

MASSACHUSETTS 

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 1 million Massachusetts children qualify for enhanced Child Tax Credit payments; the average payment per household is $391 per month.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Bay Staters an estimated average $725.83 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 62,000 jobs making Massachusetts homes and businesses more energy efficient.

Housing

MICHIGAN

Child Care

  • The average cost of childcare in Michigan is $10,861 per year, just 12.7% less than in-state tuition for four-year public college, and infant care for one child takes up 19.0% of a median family’s income.

  • A minimum wage worker in Michigan would need to work full time for 28 weeks to pay for child care.

  • The Build Back Better Act would ensure that no working family paid more than 7% of their income on child care.

  • The Act would save average Michigan families $6,609 a year on child care costs, and free up 14.2% of their annual income to spend on other necessities.

Universal Pre-K

Child Tax Credit 

  • Over 1.7 million Michigan children qualify for enhanced Child Tax Credit payments; the average payment per household is $444 per month.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Michiganders an estimated average $1,202.87 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 126,000 jobs making Michigan homes and businesses more energy efficient.

Housing

MINNESOTA

Child Care

  • The average cost of childcare in Minnesota is $16.087 per year, 43.3% more than in-state tuition for four-year public college, and infant care for one child takes up 21.2% of a median family’s income.

  • A minimum wage worker in Minnesota would need to work full time for 40 weeks to pay for child care.

  • The Build Back Better Act would ensure that no working family pays more than 7% of their income on child care.

  • The Act would save average Minnesota families $10,401 a year on child care costs, and free up 17.3% of their annual income to spend on other necessities.

Universal Pre-K

Child Tax Credit 

  • Over 1 million Minnesota children qualify for enhanced Child Tax Credit payments; the average payment per household is $454 per month.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Minnesotans an estimated average $1,004.86 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 77,000 jobs making Minnesota homes and businesses more energy efficient.

Housing

MISSOURI 

Child Care

Universal Pre-K

Child Tax Credit 

  • Over 1.1 million Missouri children qualify for enhanced Child Tax Credit payments; the average payment per household is $449 per month.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Missourians an estimated average $1,391.09 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 73,000 jobs making Missouri homes and businesses more energy efficient.

Housing

WASHINGTON

Child Care

  • The average cost of childcare in Washington is $14,554 per year, 113.1% more than in-state tuition for four-year public college, and infant care for one child takes up 20.2% of a median family’s income.

  • A minimum wage worker in Washington would need to work full time for 27 weeks to pay for child care.

  • The Build Back Better Act would ensure that no working family paid more than 7% of their income on child care.

  • The Act would save average Washington families $9,159 a year on child care costs, and free up 15.8% of their annual income to spend on other necessities.

Universal Pre-K

Child Tax Credit 

  • Over 1.3 million Washington children qualify for enhanced Child Tax Credit payments; the average payment per household is $430 per month.

  • The Build Back Better Act would extend the fully refundable enhanced Child Tax Credit to provide up to $3,600 per qualified child until 2023.

  • Extending the enhanced child tax credit through 2023 could give Washingtonians an estimated average $1,018.71 tax cut per tax filer.

Health Care

Prescription Drugs

Earned Income Tax Credit

Clean Energy

  • The Build Back Better Act would make historic investments in clean energy technologies, and help middle class families save money transitioning to clean energy electrification.

  • These investments could help create an estimated over 64,000 jobs making Washington homes and businesses more energy efficient.

Housing

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