Top Senate Democrats announced late Tuesday they reached a deal on a $3.5 trillion budget plan that addresses much of President Biden’s social and “human infrastructure” agenda. The agreement includes an expansion of Medicare and provisions dealing with the climate crisis. Democrats would likely pass the bill without Republican support using reconciliation, alongside a bipartisan infrastructure plan that includes $600 billion in new spending. The proposal, which is supported by Vermont Senator Bernie Sanders, will likely include tax increases for corporations and wealthy individuals and will seek to extend tax credits for the working class and expand access to child care and education. Senate Majority Leader Chuck Schumer said his party will be able to get all 50 Democrats on board with the plan.
Senate Dems Reach $3.5 Trillion Budget Plan That Could Forgo GOP Support
HeadlineJul 14, 2021
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