• Senior House Democrats concede likely scale-back of $3.5 trillion Biden spending bill

    20 Sep 2021 | Economic News
  


Senior House Democrats concede likely scale-back of $3.5 trillion Biden spending bill

Senior Democrats said on Sunday that they will likely need to scale back President Joe Biden's $3.5 trillion social spending bill while passage of the linked bipartisan infrastructure bill may slip past a Sept. 27 deadline.


House Speaker Nancy Pelosi also may delay sending the $1.2 trillion infrastructure measure after House passage to the White House for Biden's signature until the larger spending bill passes, House Budget Committee Chairman John Yarmuth told "Fox News Sunday" - a move aimed to ensure that moderate Democrats support the bill.


Their comments illustrate the difficult path Democrats face in passing Biden’s sweeping agenda with razor-thin majorities and staunch Republican opposition. Tempers are high within the Democratic caucus, with moderate and progressive wings of the party sharply divided over the scale of spending.


Reference: Reuters


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