A deal within reach, President Biden and Congress’ top Democrats have edged close to sealing their priority domestic legislation.
A deal within reach, President Biden and Congress’ top Democrats edged close to sealing their top-priority domestic legislation Friday, though appearing to let the day’s informal deadline slip as they worked to scale back the measure and determine how to pay for it.
“Progress here is a historic package that will put in place systems and programs that have never existed in our society before,” she said, noting the effort to expand child care and provide free prekindergarten for all youngsters. in favor of an approach that would involve imposing a 15% corporate minimum tax and taxing the investment incomes of billionaires to help finance the deal.who has not been on board with her party’s plan to undo former President Trump’s tax breaks for big corporations and individuals earning more than $400,000 a year.
Biden said Manchin doesn’t want to “rush” the transition to clean energy so that it will result in major job losses in his coal-producing state.He signaled the final plan wouldbut said he hoped to increase Pell Grants to compensate for the loss of the policy.
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