Biden and Democrats Push for Budget Deal This Week as Rifts Remain
The New York Times
Negotiators were closing in on a deal that could spend around $1.75 trillion, but lawmakers were still haggling over critical disagreements on the sprawling social policy bill.
WASHINGTON — President Biden and Democratic congressional leaders raced on Monday to strike a compromise on a domestic policy and climate package, pushing for a vote within days even as critical disagreements remained over health benefits, paid leave, environmental provisions and how to pay for the sprawling plan.
Negotiators were closing in on an agreement that could spend around $1.75 trillion over 10 years, half the size of the blueprint Democrats approved earlier this year, as they haggled with centrist holdouts in their party who are pressing to curtail the size of the bill.
They have coalesced around a plan that would extend monthly payments to families with children, establish generous tax incentives for clean energy use and provide federal support for child care, elder care and universal prekindergarten. An array of tax increases, including a new wealth tax for the country’s billionaires, would pay for the initiatives.
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