Complete Story
 

10/28/2021

What's in the $1.75 Trillion Biden Budget Plan

The scaled-back plan includes changes to taxes, healthcare and child care

President Joe Biden on Thursday unveiled a roughly $1.75 trillion blueprint for overhauling the country’s health care, climate, education and tax laws, as he seeks to break an ongoing logjam among his party’s liberals and moderates that have stalled his economic agenda for months.

The plan includes some of Biden's earliest policy priorities, including new spending to enhance child care and offer prekindergarten free to all American families. But it also shelved some of Democrats’ most fervent plans, including an effort to provide paid leave to millions of workers — one of many casualties in the party’s efforts to reduce its original $3.5 trillion price tag.

Biden presented the plan on Capitol Hill in a private meeting with House Democrats earlier Thursday, after which many Democrats said they are still negotiating its specifics and haggling over what’s in and out of the package. He still must convince lawmakers, including conservative Sens. Joe Manchin III (D-W.Va.) and Kyrsten Sinema (D-Ariz.), who helped drive Democrats to scale back their policy ambitions in the first place.

Please select this link to read the complete article from The Washington Post.

Printer-Friendly Version