I highly recommend following video if you are trying to understand it, it analysis various provisions of the bill. This bill is quite comprehensive and well put together. Most of these details are not well covered in the media.
https://www.youtube.com/watch?v=qw5zzrOpo2s
Quote from video :
"The thing about this bill is that it's going to keep having a huge impact on the country for many many years and, mostly, we will not even notice. That's what happens with almost all good legislation. Of course, there will also be some bits of this that won't work as intended and they'll probably be big news stories. When you've got like 150 different pieces of a bill, not everything will be perfect! But it is quite a big deal for me to see America making these investments...even if I'm not gung-ho on all of them, and some of them legit piss me off...it's an amazing step that I did not think we would be making.
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Good video. And I agree that it is both big, and also that we may not even notice what it's doing. Sometimes I'll be at some public place and there will be a badge stamped on the side of a building or on some other structure that says that this was built under the Works Progress Administration. Sometimes I think we should bring that kind of stuff back. So that people are reminded that what they take for granted in every day life came about because we all came together and decided to fund the solution to a problem. But we seldom think of things that way. In the view of many, the state of the world is just a natural consequence and all government (or other people in general) does is just get in the way. The ACA was huge and flawed, imperfect, and for a long time, unpopular. But in 2010, we took for granted that 18% of people lacked insurance, and today, we take for granted that only 11% lack insurance. That 7% decline, representing millions of people getting healthcare, is the result of funding a big, imperfect project.
As an aside; as frustrating as it can be that you need a supermajority to get anything more than revenue changes done in the US, I actually kind of love this in some sense. American companies are truly fantastic at innovating and solving problems. And often times, innovating and solving problems goes hand in hand with making a lot of money. But sometimes, it doesn't. Sometimes, buying back shares or paying smart people to come up with complex tax avoidance ideas is the mathematically superior way to return value to shareholders. It isn't a capital investment that makes society better, or provides more value to their customers. I don't blame corporations for this, because it's their job to make money. What tax credits do though, is dangle a whole hell of a lot of money out there and says, "If you solve these problems that we know you're smart enough to solve, there's a huge reward in it for you."