A recent report issued by the Yale Program on Financial Stability has sounded an alarm, warning that the revised "Build Back Better" Act, currently awaiting Senate approval, could exacerbate income disparities in the United States. The study predicts that while the legislation will bolster the annual incomes of wealthier households by 2.2% for those earning over $120,000, it will simultaneously undermine the economic well-being of lower-income families, resulting in a 2.9% decrease in the annual income of the bottom 20% of households.
