Goldman with the note:
Those plans would raise spending by a total of $4.4 trillion over ten years (1.5%of GDP over that period) and increase tax revenues by $3.6 trillion (1.3%). Congress will likely scale back many of these proposals; our current forecast is for a package of slightly more than $3 trillion over 10 years, with tax increases of around half that amount, but we believe the risks lie modestly to the downside of those amounts.
We expect congressional Democrats to pivot away from bipartisan infrastructure negotiations in the next couple of weeks and to begin to move forward with reconciliation legislation—requiring only Democratic support—that includes many of these proposals. House passage could come by July, but the Senate looks likely to take until September or October to act.