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House Speaker Nancy Pelosi suggests Democrats could cut major pieces of Biden’s economic plan

Democrats could slash entire pieces of President Joe Biden’s economic plan to push it through Congress, House Speaker Nancy Pelosi suggested Monday.

Party leaders have acknowledged they will likely have to cut $1 trillion or more from their $3.5 trillion social safety net and climate proposal. Trying to pass legislation with a razor-thin majority and no Republican votes, Democrats have to appease centrists who have called for a smaller bill.

Reference: CNBC