evidence: As the Senate weighs changes to the spending and taxA tax is a mandatory payment or charge collected by local, state, and national governments from individuals or businesses to cover the costs of general government services, goods, and activities. portions of the Build Back Better Act, the Congressional Budget Office (CBO) and Tax Foundation find the bill would increase the cumulative budget deficit over the next 10 years—contrary to claims the legislation is "fully paid for." The deficit impact may contribute to short-run inflation and will grow if the temporary policies are extended and the budget gimmicks used to minimize the potential long-run cost of the legislation are removed. Over 10 years, the CBO estimates the Build Back Better Act (BBBA) would increase federal spending and tax credits (and other cuts in taxes) by $2.15 trillion while producing $1.98 trillion in offsets (revenue raisers and cuts in spending), creating a $159 billion budget deficit. Tax Foundation finds a similar amount of spending and tax credits in the bill but finds the offsets would increase federal revenue by about $1.67 trillion, producing a larger, $470 billion deficit between 2022 and 2031.